The leasing company acts as the owner, so they claim the 30% tax credit and any state incentives. In exchange, you pay a fixed monthly "rent" for the equipment, which is usually lower than your previous utility bill. 2. Maintenance and Performance
Studies by the Lawrence Berkeley National Laboratory show that buyers are willing to pay a premium (roughly $15,000 on average) for homes with owned solar. solar power lease vs buy
Modern solar panels are highly durable and usually come with 25-year performance warranties. However, if a component like an inverter fails outside of warranty, the repair cost is yours. The leasing company acts as the owner, so
A lease can be a hurdle during a sale. The buyer must agree to take over the lease and meet credit requirements. If they refuse, you may be forced to buy out the remainder of the lease to close the sale, which can cost thousands. Final Recommendation Maintenance and Performance Studies by the Lawrence Berkeley