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Buying vs. Leasing A Solar Panel System

What is the difference between buying, financing and leasing an Arizona solar panel system?

When you buy or finance a solar panel system, you will be owning your solar panel system. This is the most advantageous route for a homeowner because you are adding the value of an asset to your home. Buying or financing a solar panel system is the only way to be eligible for the federal and state tax incentives.

On the other hand, we never recommend leasing solar panels. A solar panel lease is not going to be the best for a qualifying home owner because tax incentives are only given to homeowners who buy or finance their solar panels. Applicable circumstances do exist for a solar lease but we always try to set homeowners up with the best overall system, and that usually includes owning the solar panel system.

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