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***The Math: Buy or Lease***BUY: An “average” 4 kilowatt residential system which would have cost $37,280 (at $9.32 per DC watt, before rebates and credits) will now cost $26,240. After estimated state rebate and tax credits, the net cost could be as low as $13,314. Depending on your actual electric usage, the system could “pay for itself” in just a few years. Compared to the Return on Investment for your monthly payments to PG&E, which is ABSOLUTELY NOTHING, investing in solar is very attractive.
LEASE: Look at solar differently. Your decision is based on your monthly electric bills. For example, a home with a monthly electric bill of $200 might install a 18 panel, 3.6 KW solar system.
For a complete description of the SolarLease, please click here: |
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