Many home and business owners believe that their only options for paying for solar panels are to finance them or to pay a lump sum upfront. Yet there’s another way that can help just about anyone secure an efficient, reliable solar system and start cutting their energy bills with zero out-of-pocket expense.
Doing so requires finding a trusted solar installation company offering solar leasing arrangements. And the best part? Absolutely no down payment is required.
How Nevadans Can Go Solar for $0 Down
Solar leasing is a simple and effective means of converting your property to solar power with little to no upfront costs. Of course, no one solution is right for everyone. Read on to learn if the benefits outweigh the costs for your particular energy needs.
Benefits of Solar Leasing
By leasing a solar system, you can start cutting energy costs right away. Leasing is often both more affordable and flexible than the alternatives, given it allows you to jumpstart your energy-reduction efforts. Plus, solar leasing helps homeowners avoid maintenance costs over the entire course of the lease (typically 15–20 years).
Solar Leasing Considerations
While solar leasing is an incredibly effective solution, it hinges on working with the most reputable solar panel experts in your community. An established solar company should be completely upfront about the long-term costs and benefits of leasing. That said, there are a few considerations to weigh before entering even the best solar leasing arrangements:
You’re ineligible for solar tax credits
When leasing solar panels, you won’t qualify for solar tax credits and other incentives. Instead, your solar provider (or other leaser) will cut down the installation costs themselves, often down to nothing.
The solar system won’t belong to you
Of course, you’ll still reap energy-saving benefits, including reduced utility bills. Yet out of those savings come solar leasing fees, as you essentially rent the solar equipment for a nominal monthly fee, much like leasing a vehicle.
You’re agreeing to set terms and conditions
Always review the terms and conditions of any solar leasing plan. If desired, ensure the lease includes a buyout option, so you can properly break the lease if you choose to.
You can also ask your trusted solar experts for frank advice on other good ways to go solar, but it always depends on your exact energy needs and goals. Just be sure to select a tried-and-true local expert with an excellent track record. Nevada’s recent moves to accelerate the solar market have made us a magnet for less-than-local interests whose goals don’t always align with regular Nevadans.
Go Zero-Down on a Complete Solar System Today!
Leasing solar power has helped thousands of people make a more rapid transition to reliable clean energy. Contact us to learn more about solar leasing for your Nevada home or business—and schedule a free consultation with an experienced solar technician today. We look forward to helping you cut energy bills for $0 down in Clark County and the Greater Las Vegas area.
