Buy Or Lease Solar Power

Deciding whether to buy or lease your solar panels can be a tough choice.

Buy or lease solar power.

It s important to do your homework when considering whether to buy or lease your solar panels. Financially buying your own solar panels makes the most sense since it. The main practical distinction between buying and leasing a solar pv system is in ownership. Solar power is an obvious choice to supplement or replace the existing supply.

Buying solar panels is a great option if you re looking to. Before making the best purchase decision the concerned buyer needs to understand the pros and cons of leasing or buying solar power and the main challenges they will face. Let this serve as a useful guide to help you evaluate the best fit for your specific situation. Be the owner.

Let s now talk about the differences between solar panel ownership leasing and purchase power agreements ppas buying solar panels. Buying solar panels has many advantages. Power costs have spiraled and reliability and availability have decreased in many areas. When you lease a solar system or enter into a power purchase agreement ppa you do not own the system and are simply renting it from the installer.

If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan. Buying solar panels requires an investment and more decision making than leasing but over the long term the benefits of owning your system are hard to beat.