Solar Lease

With a solar lease, your solar company owns your solar panels for you and you pay a monthly payment to rent the equipment.

The amount of your monthly solar lease payment is the same each month, regardless of how much solar electricity your system produces. This is the main difference between a solar lease and a solar power purchase agreement.

Your monthly lease payment may increase a small amount each year, but it will generally be much less than electricity rates. You may also have a small installation fee at the beginning of the lease.

The company that leases you the solar panels will often provide some kind of maintenance and repair services for your panels. But, these services are sometimes less extensive than with a power purchase agreement.

In some cases homeowners can pay all their lease payments in advance to avoid monthly payments but take advantage of any maintenance and repair services.

More Information

• Read more about the cost of solar.
• Learn about SunRun Power Plan as a way to finance solar.
• Contact SunRun to find a solar solution for your home.