Want to go solar but don’t want to deal with federal tax paperwork?
An operating lease gives you the option of putting a solar system on your building's roof with low monthly payments and less paperwork than a capital lease.
Much like an auto lease, the operating lease allows you to purchase your solar system at fair market value when your lease ends.
Because the finance company owns the solar system, they take advantage of all the tax incentives and rebates – but pass those rebates and incentives on to you in the form of lower monthly lease payments.
Typical operating lease features:
- No initial investment required
- 5-12 year term
- Tax benefits and other applicable incentives are realized by the finance company and passed on to you, the lesse, in the form of lower monthly payments.
- Fair market buyout at lease end (typically 10-20% of initial system cost)