We want everyone to be clear on what is the best fit for them
A solar loan lets you finance the cost of a solar system over time—usually with little or no money down. You still own the system, which means you get all the financial benefits (like tax credits and added home value), but without the big upfront cost.
You want to own your system but don’t want to pay in full upfront
You have a good credit score and want to lock in a low interest rate
You want to replace your electric bill with a similar or lower monthly payment
You plan to stay in your home long-term and want to maximize savings
You want to qualify for the 30% federal tax credit, which isn’t available with a lease or PPA
Solar loans give you the best of both worlds—ownership and affordability. You keep the incentives, build equity, and can often start saving on day one.
With a lease or power purchase agreement (PPA), you don’t own the solar system—you just pay for the energy it produces. Think of it like renting your roof to a solar company that installs and maintains everything for free. In return, you get power at a lower, locked-in rate.
You want solar savings with zero upfront cost
You don’t qualify for solar tax credits (or prefer not to use them)
You want a simple, hands-off experience—the provider handles everything
You have lower credit or don’t want to take out a loan
You’re focused on lowering your monthly bill, not long-term ROI
You plan to sell your home within a few years and want to avoid a loan
Leases and PPAs are perfect for homeowners who want guaranteed savings with no ownership responsibility. You pay less than your utility bill and skip all maintenance, repairs, and paperwork.
Paying cash for solar means you own the system outright from day one—no monthly payments, no interest, no lenders involved. It’s the simplest and most cost-effective way to go solar, with the highest long-term return on investment.
You have the available funds and want to maximize your ROI
You want to avoid monthly payments or interest
You plan to stay in your home long-term
You want to fully claim the 30% federal tax credit
You prefer a clean, debt-free transaction
You want the highest impact on home value and resale
A cash purchase gives you the fastest path to full savings. You own your system, keep all the incentives, and never make another payment for power again.
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