Lease & Monthly Rental

Lease Agreement Suitable for homeowners, small, medium and large-sized businesses.

Financier owned solar system is leased back to customer at an agreed-upon amount per month.

How it works?

  • In some cases, monthly payments can be reduced by agreeing to a balloon payment at the end of a specified term
  • When the lease terms end, customer has option to purchase and own solar system
  • If a balloon payment is involved, may be able to renegotiate the amount of the balloon payment through agreed-upon monthly payments for a specified term.

How you benefit?

  • Cost Savings
    • No upfront cost
    • Insulated against continuing electricity rate hikes
    • Same amount paid for system-produced energy each month, regardless of how much power is used
  • Bundling: Include installation and equipment cost in lease agreement
  • Budget ease due to fixed lease payments
  • No need to account for or declare equipment depreciation
  • Planning: You know at the beginning of lease term exactly what it will cost to purchase system when the lease ends
  • Add equipment if needed during lease term and include in renegotiated monthly payment
  • Flexibility – opportunity to purchase the system at end of lease term, or (if balloon payment is involved), to renegotiate a second lease term
  • Business tax benefit: Leasing is a fully deductible operating expense for business tax purposes.

Standard Monthly Rental Suitable for homeowners, some commercial property owners

Financier owns the renewable energy system permanently

How it works?

  • Solar user rents the system for an agreed-upon monthly cost over a specified period
  • As owner of system, financier can elect to remove the system and install another. If this occurs, a new repayment schedule would apply

How you benefit?

  • No upfront capital investment
  • No longer tied to standard electricity rate hikes
  • Use as much power from the system as you like and pay the same monthly amount
  • Eases burden on cash flow

TestimonialsWhat customers are saying?