[Originally published on November 8, 2021, | Updated on January 24, 2024 - 5 min read]
Leasing vs. Purchasing a Solar Energy System: What's Best for You?
Solar Install on Tile Roof: When considering solar for your home, deciding between leasing and purchasing is crucial. Each option has pros and cons, which we'll explore to help you make an informed choice.
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Leasing offers immediate savings but limits long-term financial benefits. While initially more expensive, purchasing provides significant savings over time due to the absence of lease payments and the advantage of solar incentives.
Choosing the right option depends on your financial situation and long-term goals. If you're considering solar, working with a reputable installer who can guide you through these choices is essential.
For more information on solar financing options and to make the best decision for your home, visit EcoWatch's comprehensive guide on solar leasing vs. buying.