Payment Options For Solar Photovoltaic Systems

There are several options available for purchasing or financing a solar PV system, each with their own costs and benefits. The table below illustrates the more common methods used, ranging from purchasing the system outright to utilizing a power purchase agreement (PPA).

Purchase
Method
Initial
Investment
Maintenance
Responsibility
sREC
Ownership
Your Share of
Energy Savings
Personal
Savings
System Cost System Owner System Owner 100%
Financing
Program
Low - None System Owner System Owner 100%
Lease None Lease Company
or System Owner
Lease Company
or System Owner
0% to 50%
Power Purchase
Agreement (PPA)
None PPA Institution PPA Institution 0% to 30%

Solar Living will work with you to help you acheive the greatest return on your initial system investment. Please remember these numbers above are only a guideline, and will be affected by your current energy consumption, available space for panels, site orientation, and shading.

Upon inspection of your site, a Solar Living representative can provide exact numbers, as well as help you decide what financing option best suits your needs.

From our initial visit through the final inspection, we are committed to making this process as simple and stress free as possible.

Contact Us today so we can answer your questions, and to set up a complimentary, no-hassle site visit.