Loans, leases, PPAs, and cash options — find the best way to pay for solar.
Not everyone can — or should — pay cash for solar. The good news: there are four main ways to finance solar, each with different upfront costs, ownership rights, and long-term savings. Here is how to choose the right one.
A solar loan lets you own your system with $0 down while keeping all tax credits and long-term savings. Rates range from 4.99%–9.99% depending on your credit score and loan type. Here is everything you need to know before signing.
Solar leases and power purchase agreements (PPAs) are both $0-down options, but they are not the same product. A lease charges a fixed monthly fee; a PPA charges per kWh of solar power produced. The right choice depends on your electricity usage pattern and utility rates.
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