Solar Leasing for Residential Photovoltaic Systems

Publication Type:
Fact Sheet

Published / Updated:

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.

 

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