With a 25-year solar lease, you can benefit from a fixed monthly payment that includes installation, maintenance, and the power a rooftop solar system generates.
Yes, we did say 25 years. And, yes, we realize that's a big decision.
In fact, outside of the purchase of your home (or getting married!), it’s likely you’ve never made such a long-term commitment. But when it comes to energy consumption — especially if power prices are high — this is one instance where a long-term approach just makes sense.
THE STEADY INCREASE OF THE PRICE OF POWER
Electricity prices are on the rise across the U.S., a trend we aren’t likely to see reverse anytime soon. Last year, the Energy Information Administration (EIA) reported the largest annual increase in average residential electricity spending since they began calculating it in 1984.
Due to these unexpected increases in power prices, consumers may see savings on their power bills when switching to solar through a solar lease.
WHY CHOOSE A SOLAR LEASE?
For homeowners, the choice to go solar can be a smart financial decision, especially when power prices are trending upward.
With a solar lease, you can effectively choose solar with no upfront costs, as your lease provider assumes equipment and labor expenses. And, your solar partner is responsible for system maintenance and any repairs during your contract term.
For more details, click the video now.
Let's take a look at a few of the most common questions about going solar with a lease:
WHO'S GOING SOLAR?
Over the last 10 years, solar has grown with an average annual rate of 24 percent in the U.S.
Thanks to federal policies, rapidly declining costs, and increasing demand for clean electricity, there are now over 162 gigawatts of solar capacity installed nationwide — enough to power nearly 30 million homes. By the end of 2022, the U.S. had nearly 4 million solar power systems installed at homes across the country.
THE COST OF WAITING
According to the EIA, U.S. residential electricity bills increased 13 percent between 2021 and 2022 (or 5 percent after adjusting for inflation).
Each month you wait is another month without savings. The sooner you choose solar for your home, the sooner you'll start offsetting your electricity bill. By choosing solar now, you can protect your household from rising electricity costs.
We know you have more questions about leasing solar. One of our solar specialists can answer all your questions and walk you through the process of going solar, from qualification to signup to savings.
IGS Solar, LLC does not guarantee savings to any customer. Savings will vary based upon system production, future utility rates and rate structures, net metering programs, actual sales
tax owed by you, and your electricity consumption. Utility rates and rate structures are subject to change and therefore cannot be accurately predicted. IGS Solar, LLC assumes an
annual utility rate increase of 2.9%.