Ask Your Question

Solar loan or solar lease - any advice?

asked 2015-04-03 00:20:22 -0500

immanuel gravatar image

Is there any way in which a solar lease is better than a solar loan? I've got quotes for both and it seems obvious to me that the loan is the way to go. But given how much I've heard about how popular leases are, I'm wondering if there's something I'm missing? Any thoughts? Experiences?

edit retag flag offensive close delete

1 Answer

Sort by ยป oldest newest most voted

answered 2015-04-07 14:33:10 -0500

this post is marked as community wiki

This post is a wiki. Anyone with karma >75 is welcome to improve it.

updated 2015-04-07 14:33:10 -0500

energysage gravatar image

Hi immanuel,

A solar loan will almost always save you more money on our electricity bills in the long run than a solar lease or power purchase agreement (PPA) - purchasing your system outright will save you the most of all the options (provided you make sure you find a good deal).

There are lots of pros and cons when it comes to leases vs loans. EnergySage wrote an in-depth piece on the topic from a while back which should answer any other questions that you have about either program. Click the link below to read it:

Comparing solar loans vs solar leases.

edit flag offensive delete publish link more
Login/Signup to Answer

Question tools


subscribe to rss feed


Asked: 2015-04-03 00:20:22 -0500

Seen: 409 times

Last updated: Apr 07 '15