Cost of Solar Power

Avoid the high upfront cost of buying a home solar power system with a SunRun solar plan, and upgrade to solar for as little as $0.

In the past, homeowners have had few options other than to purchase expensive solar equipment.  Now, SunRun buys the system for you. SunRun will put a home solar power system on your roof for as low as $0. You’ll pay a low monthly bill for the solar electricity you produce as long as you're a SunRun customer. In the solar industry, this type of plan is called a power purchase agreement (PPA) or solar lease, and it’s become the most common way homeowners upgrade to solar. SunRun pioneered home solar financing, and we are still the best at it today, serving thousands of happy customers.

As a business, SunRun can take advantage of financial benefits individuals cannot, such as bulk discounts purchasing home solar panels and depreciation. SunRun is an expert at locating and monetizing government incentives, and we pass the savings on to you in the form of free installation and a low monthly bill for home solar electricity.

It can cost anywhere between $15,000 and $60,000 upfront if you choose to purchase your home solar power system. As a homeowner, you’re eligible to receive 30% off the cost of your solar power system from the federal government in the form of a federal solar tax credit. Depending on when your home solar electric system is installed, you may wait as long as 16 months to get that tax credit benefit, tying up thousands of dollars.

In certain states, like Arizona, California, and Colorado, you may also be able to collect a cash rebate for between 5-9% of the cost of your home solar power system. However, these state solar rebates and incentives are running out, and require more paperwork. SunRun files immediately for federal and state solar incentives, passing the savings on to you.  No waiting and no hassle. Learn more about going solar in Arizona, solar in California, solar in Colorado, solar in Massachusetts, solar in New Jersey, and solar in Pennsylvania on our Solar by Location pages.

That is why many people find home solar financing by SunRun, the nations leading home solar company, a better way to go solar. In California, the leading solar state, over 25% of homeowners choose this approach.