Uncle Paul
Well-Known Member
The lease program was initiated so people could get a solar package on a pay as you go basis. Did not need to pay the entire bill up front.
Idea was that the lease payment would be less than the energy costs, so it was a no out of pocket deal where on an average each month your cost of the the lease would be less than you would have paid the Utility company. A financial no brainer...until it comes time to sell your home.
Similar to leasing a car. Works out best if you continue to keep your car till the end of your lease. Getting out easly can sometimes be painful.
Had a friend that sold his solar lease home. Everything went through smoothly and the new buyer liked the idea that he would still save every month on his electricity bill.
Idea was that the lease payment would be less than the energy costs, so it was a no out of pocket deal where on an average each month your cost of the the lease would be less than you would have paid the Utility company. A financial no brainer...until it comes time to sell your home.
Similar to leasing a car. Works out best if you continue to keep your car till the end of your lease. Getting out easly can sometimes be painful.
Had a friend that sold his solar lease home. Everything went through smoothly and the new buyer liked the idea that he would still save every month on his electricity bill.