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Arizona solar panel lease. Leasing is a great payment method to get a solar power system if you don t have enough. Leasing solar panels in phoenix arizona. Buying solar panels requires an investment and more decision making than leasing but over the long term the benefits of owning your system are hard to beat. At the beginning you do not have to pay any money out of your pocket.
Home solar panels can be expensive costing anywhere between 18 000 and 29 000. But they don t have to be. Sunrun offers solar financing for arizona homeowners that makes solar power easy and affordable. It s a new kind of home solar.
Acquiring a solar panel system on lease comes with its own set of pros and cons. One other option offered by some arizona solar companies is a prepaid lease. If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan. If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system.
You don t have to hassle over repairs or maintenance. The main practical distinction between buying and leasing a solar pv system is in ownership.
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