Comments on: Solar Leasing Programs Growing http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/ Clean Tech News & Views: Solar Energy News. Wind Energy News. EV News. & More. Mon, 29 Dec 2014 14:59:00 +0000 hourly 1 http://wordpress.org/?v=4.0.1 By: Ray Boggs http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-175743 Thu, 08 Aug 2013 03:43:00 +0000 http://cleantechnica.com/?p=28073#comment-175743 A solar lease is one of the absolute worst ways to finance the rental of a solar system. First of all you have to forfeit the 30% federal tax credit which is worth about $10,000.00 on a typical 6 kW system. You’ll also have to forfeit any cash rebate. The leasing companies will tell you that they will apply the tax credit and cash rebate to the system price so that you’ll lower the acquisition cost but the leasing company’s pricing is so over inflated that the tax credit and rebate as large as they are will hardly make a dent in their price. Instead of an expensive solar lease or PPA, consumers are now getting $0 down solar loans that require no equity, that offer tax deductible interest and allows you to keep the 30% federal tax credit and any other incentives and own your solar system for a much greater return on investment than any lease or PPA. And good luck ever selling your home with a lease attached to it. What homebuyer will want to assume your lease payments on a used system, when they can buy and own a new state of the art system for less than $3.15 a watt, installed, before incentives? Search the Internet and you’ll find many articles concerning homeowners who are having difficulty selling because they have solar leases attached to their homes.

]]> By: Go Solar (Going Green Tip #9) | Planetsave http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-126750 Mon, 16 Jul 2012 00:55:59 +0000 http://cleantechnica.com/?p=28073#comment-126750 […] lease solar panels (it’s now the most popular way to go solar in California), […]

]]> By: Solar Hosting (Next Big Thing?) - CleanTechnica http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-115056 Tue, 06 Mar 2012 15:32:53 +0000 http://cleantechnica.com/?p=28073#comment-115056 […] to pop a solar roof on their house. Innovative programs and solar purchasing options, like PACE and solar leasing, have been popping up in recent years to help more people go solar. but this still leaves a huge […]

]]> By: Solar in UK Schools - The Fun Times Guide to Living Green http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-115026 Tue, 06 Mar 2012 04:20:43 +0000 http://cleantechnica.com/?p=28073#comment-115026 […] solar leasing, group solar discount options (also recently new to the UK), community solar movements, and all […]

]]> By: Zachary Shahan http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-112656 Fri, 03 Feb 2012 23:38:00 +0000 http://cleantechnica.com/?p=28073#comment-112656 Purchasing is definitely the better option if you can put the money down on it.

]]> By: Don Brock http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-112470 Wed, 01 Feb 2012 20:30:00 +0000 http://cleantechnica.com/?p=28073#comment-112470 Before installing a solar PV system on my house I investigated the leasing option and decided there were too many potential problems for a residence:

1- I would have first had to spend $10K on a new roof because mine was about 20 years old. It makes no sense to install a system on an old roof that will have to be replaced in a few years.

2- The homeowner misses out on all of the solar tax credits from Fed, State & Local govmnts. The company installing the system would collect those.

3- The homeowner misses out on any SREC sales. I live in Maryland and SREC’s sell for about $200+. Again, the company installing the system would collect those instead.

4- If you sell your house, you have to convince the new owner to take over your solar lease. If you can’t find someone to do that, it could be a potential issue in selling it.

5- After the cost of your solar lease, you save very little on your electric bill. I went through the quote process with a company that computed they could save me all of $28 and that was after I spent $10k on a new roof.

Eventually I went with the purchase option in order to capitalize on the tax credits.

]]> By: Leasing Solar Panels Appeals to Less-Affluent | CleanTechnica http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-111921 Wed, 25 Jan 2012 21:16:35 +0000 http://cleantechnica.com/?p=28073#comment-111921 […] being able to purchase a rooftop solar panel system is often a privilege of the affluent, but that leasing rooftop solar panel systems is an increasingly popular option for those who simply don’t have the money to pay up […]

]]> By: Leasing Solar Panels Appeals to Less Affluent | CleanTechnica http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-111834 Tue, 24 Jan 2012 15:00:08 +0000 http://cleantechnica.com/?p=28073#comment-111834 […] being able to purchase a rooftop solar panel system is often a privilege of the affluent, but that leasing rooftop solar panel systems is an increasingly popular option for those who simply don’t have the money to pay up […]

]]> By: elmovtitorio http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-109290 Thu, 15 Dec 2011 14:46:47 +0000 http://cleantechnica.com/?p=28073#comment-109290 vorrei se possibile propagandare il vs sistema leasing in europa

]]> By: Anonymous http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-107633 Fri, 18 Nov 2011 13:45:00 +0000 http://cleantechnica.com/?p=28073#comment-107633 Sungevity also seems to have options in NY: http://cleantechnica.com/2011/10/14/sungevity-rabobank-team-up-with-75-million-residential-solar-leasing-fund/

]]> By: Anonymous http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-107632 Fri, 18 Nov 2011 13:44:00 +0000 http://cleantechnica.com/?p=28073#comment-107632 SunRun just expanded into NY: http://cleantechnica.com/2011/11/03/solar-leasing-comes-to-new-york-from-sunrun/
Do they cover your area?

]]> By: Hiacynth http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-107629 Fri, 18 Nov 2011 04:39:00 +0000 http://cleantechnica.com/?p=28073#comment-107629 I am interested in installing solar panels in my house. I live in East Hampton, NY. Can you let me know if there is a leasing program out here yet? Some time ago I read that Lowe’s department store in Riverhead.

]]> By: Ramahbear http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-101507 Wed, 29 Jun 2011 18:46:00 +0000 http://cleantechnica.com/?p=28073#comment-101507 So after navigating to all the sites listed in the article, it looks like no one is interested in leasing solar equipment in the state of New Mexico? Really? The market is as wide open as the skies! The rural nature of most of the state necessitates solar power! There are more sunny days in New Mexico than the states where solar panels are currently leased! The state flag is the Zia SUN symbol–how much more of an invitation does anyone need? The governor is business and alternative energy friendly, so hop to it people! New Mexico is the state where a solar company can make a big name for itself quickly!

]]> By: 3 Summer Solstice Ideas – Planetsave.com: climate change and environmental news http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-101185 Tue, 21 Jun 2011 12:19:17 +0000 http://cleantechnica.com/?p=28073#comment-101185 […] would be hard to compete with. Furthermore, there are great discounts for buying solar in a group, solar leasing options that allow you to start saving serious money immediately, and other innovative ways to go […]

]]> By: Google Invests $280 Million More in Solar Energy, in California’s SolarCity – CleanTechnica: Cleantech innovation news and views http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-100857 Tue, 14 Jun 2011 15:11:04 +0000 http://cleantechnica.com/?p=28073#comment-100857 […] offers solar leasing, something we’ve been writing about quite a bit lately. It’s clear that solar power […]

]]> By: JetMag http://cleantechnica.com/2011/06/08/solar-leasing-programs-growing/#comment-100639 Wed, 08 Jun 2011 08:38:00 +0000 http://cleantechnica.com/?p=28073#comment-100639 Philippines have the highest electricity rates in Asia & probably in the world…This is what we need…We need help!

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