Benefits of doing lease
Full system maintenance for 20 years from the most reputable solar manufacturer in the business.
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SunPower, the industry leader in solar, is a 25 year old company with over $3 billion in net worth. SunPower will maintain the system for 20 years. This gives you the peace of mind that your system is operational and saving you money. You won't have to worry about replacing the inverter in year 15, which most systems will need.
Guaranteed power production.
System insured by manufacturer.
SunPower has highest powered panels available on the market.
SunPower panels are the best looking panels on the market.
Option to buy in year seven.
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In year seven the homeowner has the option to buy out the system and no longer be bound by the lease. This gives the homeowner the option to purchase at a lower cost than purchasing the system direct from the installer. In the first six years, SunPower will take advantage of the tax credits and system depreciation that home owners can't. Purchasing at in year six is the least expensive way to purchase solar.
You have the option to put money down on the lease.
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If you put money down on the lease, it reduces your monthly payment. We can adjust your lease down payment based on how much you have saved up to put toward solar. You can do a full prepaid lease that will give you a zero monthly payment. In this case, it's similar to owning this system, you get all of the benefits from solar and in addition the system is warranted and the production is guaranteed for twenty years.
The green energy credits (SREC's or SAEC's) are owned by the homeowner.
All excess power generated by the system is owned by the homeowner.
Sample Lease Proposals
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