Solar Power Lease Vs Buy -

A purchased system typically pays for itself in 6 to 9 years . After that, the electricity generated is essentially free for the remainder of the system's life (25+ years).

While you save money from day one, those savings are smaller. Most leases include an annual price escalator (often 1–3%), meaning your monthly payment increases over time, which can erode savings if utility rates don't rise as quickly. 4. Impact on Home Resale solar power lease vs buy

A lease can be a hurdle during a sale. The buyer must agree to take over the lease and meet credit requirements. If they refuse, you may be forced to buy out the remainder of the lease to close the sale, which can cost thousands. Final Recommendation A purchased system typically pays for itself in 6 to 9 years

Studies by the Lawrence Berkeley National Laboratory show that buyers are willing to pay a premium (roughly $15,000 on average) for homes with owned solar. Most leases include an annual price escalator (often

You have the capital (or qualify for a loan), you can benefit from a large tax credit, and you want to maximize the long-term value of your property.