Today, solar power costs less than traditional power in many markets. We can even install a solar power system on your home with little to no upfront costs. Chances are we have a solar energy financing option that works for you.
It's a simple idea that changed the rules of the game so that everyone could play. Instead of paying thousands to buy a solar power system, homeowners can lease a system for $0 down and pay as they go.
In other words, we can put solar panels on your home for free. You simply pay for the power they produce every month at a lower rate than you pay now. The benefits of solar leasing are huge.
A Power Purchase Agreement is a contract to buy solar power based on a set rate that is usually equal to or less than market rate from your local utility company. Because your solar electric rate is locked in, you can also protect yourself from the volatility of future utility rate increases.
As a SolarPPA customer, you only pay for solar power, not the solar equipment or installation. SolarCity installs, maintains and owns the solar system on your rooftop or property. Solar PPAs are very common for commercial solar customers and are now becoming very popular for residential customers too.
Buying a solar power system is a great option for many homeowners. You'll need money to purchase the system and a good accountant who understands solar tax credits. It’s a solid investment with good returns and other great benefits.
They’re available for anyone to review. It’s all part of being open and transparent. You won’t find hidden charges, but you will find lots of provisions that safeguard you and your home.