Buying and Financing Solar

Your Sungevity Solar Consultant will explain all of the financing options we offer in your area and the benefits of each. Sungevity‚Äôs basic options are:

Explore a cash purchase

Purchasing a solar power system is a cost-effective and rewarding option, whether you have the ability to pay in full upfront or through a personal or home equity line of credit.

  • No monthly solar payments.
  • If eligible, you can take advantage of generous federal and state tax incentives. Be sure to consult with a tax advisor ahead of time.
  • Hassle-free payment process. You can even pay by credit card (and earn points if your credit card has a rewards program).
  • 24/7 monitoring and 20-year system warranty.

Finance with a solar loan

Solar loans allow homeowners to own the solar system, and pay for it over time. We help you find the right lender and a competitive rate through our network of partners.

  • Like other loans, you make a monthly payment until the balance is paid off.
  • If eligible, you can still take advantage of federal and state tax incentives. Be sure to consult with a tax advisor ahead of time.
  • Depending on your loan terms and energy usage, your loan payment plus remaining electric bill could be less than your previous electric bill.
  • 24/7 monitoring and 20-year system warranty.

Lease your system with little money down

Many homeowners prefer to lease the solar equipment. Sungevity can connect you with a lease provider who owns, installs, and maintains the system for you.

  • You pay a minimal upfront cost and a monthly amount to the lease provider.
  • For many homeowners, the total of your lease payment plus remaining power bill could be less in total than your previous electric bill, depending on your energy usage.
  • System performance is guaranteed for 20 years. If your system produces less than we estimate, we’ll pay the difference. 
  • If you sell your home, Sungevity will help transfer the lease to the new homeowner.

Pay as you go with a solar PPA

A solar Power Purchase Agreement (or PPA) is a contract to buy solar power based on a set rate for the electricity the solar system produces. Similar to a lease, with a Power Purchase Agreement a Sungevity finance partner owns, installs, and maintains the solar system on your roof. Unlike a lease, you pay for the solar power you produce.

  • You pay for the electricity you produce at a set rate.
  • You can protect yourself from the volatility of future utility rate changes.
  • We handle all of the tax rebates for you and pass the savings to you by baking it into your rate.
  • If you sell your home, Sungevity will help transfer the PPA to the new homeowner.

Find out what you can save