No Upfront Cost Solar Panels

You pay a flat monthly fee and get to use 100 of your system s production.

No upfront cost solar panels.

The life of a loan is typically 10 15 years although some can be as long as 20 years. Like solar leases your rate is likely between 20 and 30 lower than utility electrical rates and it will usually increase by one to three percent per year depending on your agreement. The panels and inverters we use have a warranty of 25 years and a life expectancy. The reason this works for many homeowners is because that reduced rate is much more affordable than their current energy bill.

Loan payments are one of the most common ways that homeowners are able to own their own system with zero upfront costs. Under a solar lease the installer builds a system on your property and charges you a monthly fee to lease the equipment from them. Average lease costs are between 50 250 per month based on the size and overall production of your system. High installation costs keep many homeowners from buying and installing solar panels that they own.

Leasing means low or no up front costs. Depending on your situation your loan payments will vary. Under a zero down solar ppa you owe nothing upfront to your provider and agree to pay for the electricity your system produces at a set rate. You ll save thousands over the life of the system compared to what you would have paid the utility for electricity.

Suncommon offers solar financing at no upfront cost and a low monthly payment.