Solar Leasing for Residential Photovoltaic Systems
Residential solar leases have leveraged two commercial tax credits for homeowners. Also, solar lease programs require little or no up-front cash to participate. They may be an attractive option for homeowners considering installing residential PV systems to generate solar electricity. This report examines the solar lease option, focusing on:
- How it works
- Tax benefits
- Examples of solar lease programs, including SolarCity and the Connecticut Solar Lease Program
- Electricity prices with different types of financing
- Getting a CCEF rebate
Explore the financial and non-financial aspects of the options available to determine whether or not a solar lease is your best choice.