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Solar Lease

A lease on solar panels for household use.

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Finally, solar is affordable!

  • Apr 16, 2010
Rating:
+5

Did you know that you can lease solar panels for your home?  The company installs the panels for free and then you pay monthly the same or less than what you used to pay for electricity.  I'm leasing panels from Sungevity or my home and a rental property I own in CA.  If you're in CA, I definitely recommend Sungevity.  If you're not in CA, google "solar power purchase agreement" or "PACE solar" to find pay-as-you-go programs in your area.  It's a no-brainer for anyone who cares about the environment or just wants to save money and be protected from utitlity rate hikes.

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April 16, 2010
No, I had no idea that solar panels could be leased, but what a concept!  I looked up Sungevity and it turns out that they hail from my city.  When I buy a house, I'll definitely look into that.  By the way, you should share more about your Sungevity experience!  Thanks for enlightening us :)
 
April 16, 2010
Thanks for the information. I don't think many people know about this!
 
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More Solar Leases reviews
review by . April 19, 2010
posted in Green Living
I never would have thought installing solar panels would save me money because I assumed the up-front installation cost would be exhorbitant. But then I found out you can lease panels--the company installed my system for free and I'm paying it off each month--paying less than I used to for electricity. The more electricity you use, the more you save by going solar. I'm using a company in CA called Sungevity that offers a "solar lease" but, if you're not in CA, google "solar …
About the reviewer
Erica Etelson ()
Member Since: Apr 16, 2010
Last Login: Feb 17, 2011 10:25 PM UTC
Recent reviews by EricaDavid
About this topic

Wiki

A solar lease is a way of financing a solar installation based on the potential for future energy production. It’s as simple as leasing a car, but the lease is paid for by the photovoltaics themselves and the resulting total monthly savings.
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