3 Advantages for Leasing a Solar Panel System

Author profile image for Nate Lewis, Chief Revenue Officer
  • Nate Lewis
  • Chief Revenue Officer

Sounds too good to be true but for solar it is - you can lease your new solar system for no money down, free installation and fixed payments that are much less than your current average electric bill. With a free quote, there's no reason not to explore solar now!

 

The old adage "If it sounds too good to be true, it probably is" doesn't apply to solar leasing. With a SunPower lease through Renova Energy, you can enjoy the following:

Advantage #1: A Fixed Rate Can Be Less Than Your Current Average Electricity Bill

Should you decide to take advantage of Renova Energy’s leasing offers, you can rest easily knowing the lease can be easily transferred to a new owner if you sell your home. Additionally, a lease will start saving you money right away as payments can be much less than your current average electric bill.

The advantage: You won’t get locked into a lease with a cost that increases each year.

Advantage #2: Enjoy a Federal Tax Credit

The full Federal Tax Credit of 30% is still in effect through the end of the year. However, it is important to note that if your system is leased, the company providing the solar panel system equipment will receive the tax credit.

The advantage: Although the company providing the system will receive the tax credit, you will enjoy significantly lower monthly payments.

Advantage #3: The Same Company Provides Your Panels and Financing Options

If you're going to be in an agreement for 20 years, it makes sense to work with a company that provides the panels and the financing options – like SunPower! That way, if there is ever an issue, you can reach out to that company to handle all issues.

Some companies work with a panel manufacturing company, a separate financing company, and a third company that provides the inverter. Why invite problems down the road when Renova Energy can install everything from SunPower and help you with SunPower financing?

The advantage: You can contact one company for all your solar energy needs!

Renova Energy is Here to Provide You with All the Solar Energy Advantages

Our solar panel installation team in the Palm Springs area is here to provide you the best solar panel leasing options. So, if you have ever worried about the cost to start your solar panel project or whether you will save, you don’t have to anymore. Renova Energy will provide you with an array of financing options so you can choose the plan that fits your needs and budget best.

Call our Coachella Valley solar panel company today. We cannot wait to speak with you to help you save!

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