IS IT BETTER TO BUY OR LEASE A SOLAR PANEL SYSTEM?
To answer that question, you need to think carefully about your goals. The decision you make shouldn’t be based solely on how to save money on electricity. You can lower your energy costs whether you buy or lease solar panels, so immediate savings shouldn’t be your only concern. More >
WHAT ARE THE BENEFITS OF BUYING A SOLAR PANEL SYSTEM?
With all of the solar energy financing options available, choosing whether to buy or lease solar systems can be difficult. Buying is a great option for many homeowners and businesses, especially since the solar power systems is an investment. While the cost of a solar power system varies, rebates and solar energy tax credits can actually reduce the cost by up to 30 percent. More >
WHY SHOULD YOU LEASE A SOLAR PANEL SYSTEM?
Leasing a solar power system is the best option if you want a cleaner, more affordable alternative to traditional energy delivery with little or no upfront costs. There’s no upkeep, no need to consult with an accountant to take advantage of tax credits, and at the end of the lease you may have the option to upgrade to a new system featuring the latest solar technology. Leasing a solar system is a hassle-free way to lock in low affordable energy rates, which means your savings grow over time when rates go up unpredictably. More >
HOW CAN SOLARCITY HELP YOU SAVE MONEY?
Whether you decide to buy or lease solar panels, you can save money on your energy bills from the moment your system is installed. Not only does solar power often cost less than other forms of power generation, leasing a solar energy system means paying a locked-in fixed rate for your power. Your savings go up when energy prices do. You can prepay some or all of your solar electricity rates so you don’t have to worry about monthly bills. Even better, there are often no upfront costs when you lease, so you can start saving immediately. More >
Learn more about solar
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Reduce your electrical bill by
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How much does a solar power system cost?
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What’s your average electricity bill?
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