A Homeowner’s Guide to Solar Financing: Leases, Loans and PPAs
Nate Hausman | Clean Energy States Alliance
This guide aims to help homeowners navigate the complex landscape of residential solar photovoltaic (PV) system financing. The guide describes three popular residential solar financing choices – leases, loans, and power purchase agreements (PPAs) – and explains the advantages and disadvantages of each, as well as how they compare to a direct cash purchase. It clarifies key solar financing terms and provides a list of questions homeowners should ask before deciding if and how to proceed with installing a solar system. The full guide is available at the link to the right.
CESA has also published a Spanish translation of this guidebook, “Una Guía Práctica de Financiación Solar Para Dueños de Casa.”
This guide was originally published in February 2015. It was updated in November 2018.