Is it better to lease or buy solar panels? #
Leasing and buying solar panels come with their own unique advantages.
Purchasing solar generally requires upfront investment which can make it cost-prohibitive for many. That’s why Off Grid Energy offers stress-free solar leasing so you can switch to solar for as little as $0 down. When you lease solar panels or pay for power through a Power Purchase Agreement (PPA), you are only responsible for a locked-in monthly payment. Since Off Grid Energy owns the system when it is leased, we’ll also provide top-notch monitoring and maintenance during the length of your agreement, free of charge. That means clean, worry-free energy. And if it breaks, we’ll fix it.
We also know that many people want to own their equipment which is why Off Grid Energy also gives you the option to buy your solar panels. When you own your solar system, you own your production and all the benefits that come with solar investment. That means solar incentives like state solar rebates, net metering and the federal solar tax credit will go directly to you. However, you’ll be responsible for any repairs and maintenance your solar system needs outside the scope of your solar system’s warranty.
To learn more about which solar plan is right for you, get connected with one of our solar advisors today at (385) 421-5800
What’s a solar lease or PPA? #
Knowing there had to be a more affordable way to bring clean energy to the people, we invented solar leasing and power purchase agreements, or PPAs. So instead of purchasing a system outright, we offer additional options that require little to zero upfront costs.
The difference between a solar lease and solar PPA is simple: With a lease, you pay a fixed monthly “rent” in return for use of the system. With a PPA you pay a fixed price per kWh for power generated. We’ll help you decide which option is best for you. So now that you know what a solar lease and PPA is, you’re probably wondering why you shouldn’t just buy a home solar system outright. Here are a few reasons why:
Get started for as little as $0 down.
Skip the hassle of ownership. Off Grid Energy will handle installation, maintenance, monitoring, and insurance for the life of the agreement.
Rain or shine, we guarantee solar system performance. If the system doesn’t produce the electricity we promised – for any reason – you’ll receive a refund for the difference. If the system overproduces, you keep the excess power.
Sell your home with ease. Off Grid Energy has a team of service transfer experts and we guarantee a seamless agreement transfer to the new buyer.
Off Grid Energy’s Monthly Solar Lease plans pass down the benefits of rebates, tax incentives, and credits in the form of a low, locked-in bill.
Flexible financing options let you pay as you go, or you can receive the lowest possible rate with a prepaid option that eliminates monthly billing from Off Grid Energy.
Want more reasons to get a solar lease or PPA? Our top five reasons to lease your solar system will show you why it’s the smartest way to go solar.
Can I really go solar for little to $0 down? #
Yes. Qualifying Off Grid Energy customers can take control of their long-term electricity costs for as little as $0 down with a Monthly Solar Lease. The benefits of solar are rolled up into a low, predictable monthly rate for solar power that replaces all or some of the power you used to receive from the grid.
How does a full amount solar lease work? #
With a solar power purchase agreement, or PPA, you pay for the power, not the panels. The amount you pay is based on a per kilowatt-hour rate for the electricity produced by your solar panels, and is usually lower than what the local utility charges for electricity.
With a Full Amount Solar Lease, you can go solar with just one, up front payment that covers 25 years worth of solar power. When you choose Full Amount Solar Lease, we’ll also actively monitor and maintain your solar panels over the life of your agreement, so all you have to do is enjoy that glorious solar energy made right on your roof.
