Residential Solar Purchasing Options

Residential Solar Purchasing Options

At Solar Cents, we offer several different solar purchasing options available to meet all types of budgets and lifestyles. Some of the most common methods include purchasing and financing with low monthly payments, leasing a solar system from our company with no upfront cost, or receiving government incentives to install a solar system on your property.

Working with a solar consultant that is not tied to any specific solar provider can be a huge advantage – there is no incentive to buy a specific product so the value comes in finding you the best solution for your needs. No matter which option you choose our team will be there with you every step of the way.

Our goal is to help you maximize savings while finding the best solar option for your residential solar needs. We also offer various ways to finance your residential solar system and will customize a solar purchase option that is right for you.

Purchasing a solar system for your home can often be a difficult decision. With multiple providers available in your area, knowing the right questions and getting clear answers can also be challenging. A good place to start and often one of the most important things to know when purchasing a solar system is knowing your solar purchase options.

At Solar Cents, we offer several of the best and most popular solar purchasing options available:

Option One

Solar Leasing

With a solar lease, you make monthly payments to the solar company to use the panels on your roof. The advantage of this option is that it requires little to no upfront investment. You may be also eligible for certain tax benefits. One downside, however, is that you will not actually own the solar panels and may have to continue making payments even if you sell your home.

Option Two

Residential PPA

A power purchase agreement (PPA), or electricity power agreement is similar to a solar lease but with a few key differences. With a PPA, you make a fixed monthly payment to the solar company, and in return, the company provides you with electricity generated by your solar panels. The PPA agreement may also include annual increases in payments to account for inflation. Similar to a solar lease, you will not actually own the panels, but unlike with a solar lease, you have no obligation to continue making payments if you sell your home.


Option Three

Direct Purchase

This solar option gives you ownership of the solar installation from day one. While it does require an upfront investment, this approach can result in long-term savings and tax benefits that can offset some of these costs over time. It also allows you to benefit from any increases in the value of your property due to installing renewable energy technology on your roof.