Solar Power Lease Vs | Buy

A purchased system typically pays for itself in 6 to 9 years . After that, the electricity generated is essentially free for the remainder of the system's life (25+ years).

You cannot take advantage of tax credits (e.g., you have low tax liability), you prefer a "hands-off" maintenance approach, or you want immediate savings without any upfront investment. solar power lease vs buy

Because the provider owns the equipment, they are responsible for monitoring and maintenance. Most leases include a performance guarantee , ensuring the system produces a specific amount of power or you receive a credit. 3. Long-Term Return on Investment (ROI) A purchased system typically pays for itself in 6 to 9 years