Leasing a solar panel system on your current Arizona household is a great idea for many homeowners who can’t or don’t want to pay the full price of residential solar upfront. Leasing has become a popular option because it can not only provide a level of energy savings, but you’ll only have to pay for the system as long as you are the owner of the home. When you are ready to sell your Arizona home, the lease will transfer to the buyer so that you don’t have to continue paying it off if you don’t plan on living in a home long-term. This solar leasing option is also great for jump-starting your solar-powered home. Here at Power Camel, we want as many homeowners in and around Arizona to switch to solar energy and take advantage of the abundance of sunlight we get year-round. Please feel free to pick up the phone and give our friendly support team a call if you have any questions about our residential solar leasing options and whether it’s the right option for you!
There are several advantages & disadvantages to leasing a solar panel system in Arizona that is worth noting for local homeowners. Regarding the benefits of leasing, not only do many homeowners seeking solar panel system support for their property enjoy cheaper, more reliable enerygy provision but they also have the added bonus of self-sufficiency & self-sustainability. Conversely, some of the disadvantages to leasing a home solar panel system in Arizona can often manifest when/if the homeowner decides to sell their home. There are many pros & cons that the average homeowner must consider when they ultimately decide to lease a home solar panel system here in AZ. As such, we encourage you to continue reading to learn more about how leasing a solar panel system in AZ can be tremendously advantageous to local homeowners.
There are many advantages to leasing a residential solar panel system through our team of experts here at Power Camel. We at Power Camel strongly believe in providing our clients with as much value as possible, along with some of the most talented solar technicians in Arizona. Because of this, we have built a solid reputation among Arizona homeowners who are looking to begin a lease for residential solar. Although we offer other purchasing options like financing, leasing a solar panel system is what we recommend to homeowners who don’t want to pay the price in full and/or don’t plan on living on that property for a lengthy period of time. Let’s briefly go over some of the key advantages of leasing a residential solar panel system in Arizona through Power Camel versus financing one!
AttainabilityEffective for homeowners looking to switch to solar who can’t afford the upfront cost can still have a system installed through a lease.
Utility BillsWith the immediate installation of a quality residential solar panel system, you’ll see an instant reduction in your monthly energy bill.
FreedomIf you decide to move out and sell your home before your solar lease is paid off, the lease can be transferred to the new buyer.
SustainabilitySwitching to solar power offers a cleaner, eco-friendly, and more energy-efficient form of generating power for your home.
MaintenanceMany homeowners in Arizona with a residential solar lease have maintenance and issues covered by the leasing company.
Before signing into a long-term residential solar panel system lease, weighing the pros to the cons is highly advisable by our solar experts. While a solar lease may provide several benefits for you and your home, there are also a number of disadvantages to leasing a residential solar panel system. Power Camel always seeks out which method of purchasing a solar panel system for your home is best for you and your current financial situation. We are committed to helping homeowners in Arizona make the switch to solar and go forward with this valuable home investment. Let’s quickly go over a few of the disadvantages to owning a residential solar lease so that you’ll have a better understanding of which purchasing option you’d like to move forward with. As always, feel free to contact our support crew if you have any questions about solar leasing options.
System OwnershipHomeowners with a residential solar lease do not have full or sole ownership of their home's solar panel system.
TAX CREDIT INELIGIBILITYBecause the homeowner does not own the solar panel system, they do not qualify for the federal tax credit.
LONG-TERM SAVINGSIn the long run, you may not save as much money through a solar lease as you would purchasing the system outright.
HOME SALE DIFFICULTYSome home buyers may not be interested in assuming the financial responsibility of an existing residential solar lease.
COST VS SAVINGSIn some cases, the cost per month directed towards a residential solar lease exceeds the typical monthly energy bill cost.
If you decide you’d like to lease a residential solar panel system, Power Camel is here to help. We’ve partnered with some of the most trustworthy and reputable solar financing firms in Arizona to help get you started with a brand new solar panel array on your home. Investing in your home and your future through a solar lease can be a great idea for many but if you have any questions or would like to seek guidance and explore which purchasing option is best for you, please don’t hesitate to reach out to our team of residential solar purchasing experts here at Power Camel today. We are happy to provide you with the information and insightful advice you need to begin your residential solar journey. We appreciate you taking the time to learn more about residential solar leasing and how we at Power Camel can help, and we look forward to becoming your go-to solar panel installation and service professionals!
