Solar Lease

A solar lease is a financing option where you don't own the solar panels but pays a fixed monthly lease payment to the solar company for the use of the solar system. With a solar lease, the solar installer will be responsible for designing and installing the solar energy system.

The solar developer will take care of the necessary maintenance of the solar system. You essentially are swapping out your utility bill for the fixed monthly payments to the solar leasing company. A solar lease term can last anywhere from 2 to 20 years.