Solar Industry magazine recently came out with a piece about ownership versus leasing. In the current solar market, there is a growing case for purchasing a solar system, either outright or through a loan. Read more here.
Here in Connecticut, the $0-down lease from the Connecticut Green Bank is no longer available, and there are few other financially viable lease options out there. Luckily, more attractive loan products are coming out. Sungage Financial is one popular company, with its $0-down loans and variety of loan terms. Dividend Solar also offers a $0-down 20-year loan which looks quite competitive when compared with some 20-year lease options. For homeowners that are considering multiple energy upgrades, the Connecticut Green Bank’s Smart E-Loan products are worth looking into.