
Should I Buy or Lease Solar?
There is no single right answer the best fit depends on your goals, budget, tax situation, and how long you plan to be in your home. This page lays out the real tradeoffs so you can decide which structure makes sense for you.
The Three Ways to Go Solar
Cash Purchase
You own it outright
You pay for the system up front and own it from day one. You keep any incentives the system earns and have no monthly solar payment.
Solar Loan
You own it, financed
You finance the system and own it. You make a monthly loan payment instead of paying the full cost up front, and you may keep any incentives the system earns.
Solar Lease / PPA
A third party owns it
A company owns the system and you pay a monthly amount (or per-kWh amount) for the electricity it produces. Little to no money down, and the owner typically receives the incentives.
How They Compare
| Factor | Cash | Loan | Lease / PPA |
|---|---|---|---|
| Upfront cost | Highest | Lower or none | Often little to none |
| Monthly payment | None for solar | Loan payment | Lease / PPA payment |
| System ownership | You | You | Third-party owner |
| Incentives | Generally yours | Generally yours | Usually the owner |
| Maintenance | Your responsibility | Your responsibility | Often covered by the owner |
| Warranties | Manufacturer + workmanship | Manufacturer + workmanship | Often covered by the owner |
| Long-term cost | Lowest over time | Low after payoff | Higher over the long term |
| Selling the home | Transfers with the home; may add value | Balance may need to be paid or assumed | Lease may need to be assumed or bought out |
| Buyout option | N/A you own it | N/A you own it | Often available per the contract terms |
This is a general educational comparison, not a quote. Exact terms, savings, and incentive treatment depend on your specific system, financing, and the current program rules. We walk through your real numbers during your solar analysis.

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