Thinking about one of those overpriced solar leases or PPAs with a 2.9% annual payment increase that will raise your lease payment by 2.9% per year, every year for 20 years?...............better think again !
Solar leases and PPAs might have made sense 5 years ago when solar system pricing was much, much high and there were limited forms of alternative financing available but all that has changed now. Pricing has dropped by over 75% over the past 5 years and new, easier to qualify for, $0 down loans are now available, some of which that even offer tax deductible interest. Solar Leases and PPAs don't offer tax deductible interest and the system that these types of financing is applied to are typically priced much higher.