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Solar leasing: another way to go solar

A&R Solar Installation in Beaverton, OR

Available in Oregon for qualifying homeowners in eligible utility areas.

(Live in Washington? Learn about leasing options in WA State.)

Buying solar isn’t the only way to put solar on your home.

With a solar lease, A&R Solar designs and installs your system, while a third-party provider owns the equipment. Instead of purchasing the system, you make a monthly lease payment for the solar energy it provides.

For some homeowners, that structure simply makes more sense.

Why consider a solar lease?

A lease may be worth considering if you:

 

    • Want to keep more of your cash available rather than make a large upfront purchase

    • Prefer a predictable solar payment

    • Would rather not take out a loan to own the system

    • Like having long-term system maintenance and performance handled through the system owner

    • Want solar without managing the tax credits associated with system ownership

A&R Solar still designs and installs your system. LightReach owns the system and is responsible for its long-term maintenance and repairs.

Leasing vs. owning

Neither option is automatically better.

Buying may make more sense if you want to own your equipment and your priority is the long-term economics of ownership.

Leasing may make more sense if you value keeping your capital flexible, predictable costs and less long-term responsibility for the equipment.

Your A&R Solar Design Consultant can show you the options side by side so you can decide what works for your home and your finances.

A few things to know

LightReach solar leases are 25-year agreements.

You’ll continue to have an account with your electric utility. Solar can offset a portion of the electricity you would otherwise buy from the grid, but you may still have utility charges in addition to your lease payment.

Eligibility depends on your home, roof, utility and other project requirements.

Curious if leasing makes sense for you?

No pressure. We’ll help you understand the numbers, the tradeoffs and what each option means over time.

Already have a quote or talked to one of our design consultants? Send an email to [email protected], and we'll reach out to discuss your proposal.

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