Environmental · 7 min read

Solar Lease vs Buying Panels

**Leasing/PPA** offers low upfront cost but you may not own the tax credits. **Buying** (cash or loan) captures incentives and adds home value—if you stay long enough to pay back.

Step by step

1. Net system cost

Purchase price minus federal/local incentives you actually receive.

2. kWh savings

Utility rate × production minus connection fees.

3. Exit terms

Lease transfer on home sale vs owned system payoff.

Lease vs buy

Buy often wins on lifetime savings if you can use tax credits; lease wins on zero-down simplicity.

  • Lease / PPA: Low upfront; escalator clauses; third-party owns system.
  • Purchase: Higher upfront; ITC to owner; payoff then free power.

Common mistakes

  • Ignoring escalator in lease
  • Sizing system without usage audit

FAQ

Do leases hurt home sales?

Buyers must qualify to assume lease—owned systems are simpler.