The solar leasing companies don’t want you to see your real costs for electricity, including your 15+ year lease payments. Although the solar lease option saves you a little bit of net cash in the first few years, it is very clear that a solar lease is much more expensive in the medium and long term. For a typical 5,000 watt system in Silicon Valley, the total electricity costs over 25 years are $92,000; with a solar lease, the total costs are $82,000; with a solar bank loan the total costs are $42,000, and with a cash purchase the total costs are $39,000. Basically, with today’s low solar prices, leasing is a bad deal!
Solar Tyme USA's $olar financing program helps homeowners own their solar energy source rather than rent their energy source. Our solar financing program requires no money down and is hassle free. The interest rates are also Tax Deductible!!
"On Friday December 18, 2015, the U.S. House and Senate agreed by significant margins to grant extensions to the 30 percent investment tax credit (ITC) for solar energy and the 2.3-cent-per-kilowatt-hour production tax credit (PTC) for wind power."
- Renewables Boom Expected Thanks to Tax Credit - Scientific American