Solar leasing companies

OK, you like the idea of reducing your monthly electricity bills, becoming more energy independent and helping the environment; and you’ve decided that getting solar panels for your house is the way to achieve those admirable goals.  Wise choice.

But the large upfront cost to purchase solar panels makes you gasp, and you just can’t quite pull the trigger on taking out a loan to finance the panels – even though studies have shown energy bill savings from solar panels can provide a better return than keeping the money in a savings account.  Now what? 

If you live in one of the states where solar panel leasing companies offer their programs, you have the option of leasing solar panels.  Three California-based companies offer solar panel leasing programs to home owners.  Those programs eliminate the large upfront cost of purchasing solar panels, and the monthly lease payment on the solar panels is typically less than the amount the solar panels will save you on your monthly electricity bill.  Those companies will install and maintain the solar panels.

Even if you are unsure about leasing solar panels, it’s a good idea to check out their websites and maybe contact those companies to learn the particulars of their programs.  It just makes sense to completely evaluate your options when deciding whether buying or leasing solar panels is your best bet.

These are the three solar panel leasing companies:

SolarCity
www.solarcity.com/
393 Vintage Park Drive, Suite 140
Foster City, California 94404
1-(888) 765-2489 (Toll free)
(650) 638-1028
(650) 638-1029 (Fax)

Sungevity
www.sungevity.com/
66 Franklin Street, Suite 310
Oakland, California 94607
(866) 786-4255
(510) 496-5501 (Fax)

SunRun
www.sunrunhome.com/
45 Fremont Street, 32nd Floor
San Francisco, California 94105
(415) 982-9000
(415) 982-9021 (Fax)
(855) 478-6786 – For a free home solar quote

About the Author

Mark H. Witte is a strong proponent for energy efficiency and renewable energy, and believes individuals should have more control over how the energy for their homes is produced.