Should I Buy or Lease Solar?

Solar is a Big Decision, so let’s make the right choice when it comes to financing your panels. 

BUY

Pros:

  1. Increase the  Value of Your Home by 5-8%
  2. Get Paid For Excess Power through State Net-Metering Programs

Cons:

  1. Large Upfront Cost or Long-term Loan
  2. If Panels aren’t Covered by Warranties, Have to Pay Out of Pocket for any Maintenance Costs.

LEASE

Pros:

  1. Get Panels Installed on House for No Cost
  2. Majority of Homeowners Qualify For Leased Panels
  3. Company Maintains and Insures Panels for their 25-Year Lifespan

Cons:

  1. Homeowner only gets a small portion of the savings that come from going solar
  2. Built in escalator means that monthly bills will go up by 2.99% a year
  3. Makes it more difficult to sell the home

PPA

Pros:

  1. Get Panels Installed on House for No Cost
  2. Majority of Homeowners Qualify For PPA Panels
  3. Company Maintains and Insures Panels for their 25-Year Lifespan

Cons:

  1. Homeowner only gets a small portion of the savings that come from going solar
  2. Built in escalator means that monthly bills will go up by 2.99% a year
  3. Makes it more difficult to sell the home

GET A CUSTOM QUOTE

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BUYING SOLAR IS ALWAYS YOUR BEST BET!

Free Solar might be tempting, but Lease and PPA deals never help customers save long term. In fact, most homeowners who choose these “free” solar deals will end up paying more for electricity in the long run because of fixed escalation fees. Thus, buying or owning your own solar panels is the best way to save with solar for 3 reasons:

 

  • You own your power
  • You benefit from all local, state, and federal incentives
  • You can get paid for excess power with Net-Metering

OUR CUSTOMERS LOVE OWNING THEIR PANELS

With over 5,000 5 Star reviews across platforms like Google, solarreviews.com, and BBB, Blue Raven Solar has quickly become one of the highest ranked solar companies across the nation! Let’s see what our customers say about their solar systems: