Solar Lease

Note: Renewable Innovations offers independent consulting to help you compare leasing with ownership models like cash purchase, loans, and PPAs. We work with licensed providers to match you with lease options that meet your savings goals, credit profile, and home energy needs.
Ready to explore a lease or compare all four solar financing methods? Schedule a consultation to learn which path is best for your home.
 
Solar Lease – Zero-Upfront-Cost Clean Energy with Fixed Monthly Savings and No Ownership Required
 
A solar lease gives homeowners access to clean, renewable energy with no upfront cost, no maintenance, and a fixed monthly payment—usually set lower than your current utility bill. With a lease, a third-party provider owns and maintains the solar system installed on your roof, and you simply “rent” the system in exchange for affordable, predictable energy.
 
Most modern solar leases are structured similarly to Power Purchase Agreements (PPAs), but instead of paying per kilowatt-hour (kWh) of usage, you pay a fixed monthly lease amount. This makes budgeting simple and ensures long-term savings without surprises or performance-based fluctuations. These are sometimes referred to as 0% PPAs because they provide a flat-rate alternative to usage-based models.
 
Leases are especially popular for homeowners who:
Want to lower their electricity costs with no financial investment.
Don’t qualify for solar tax credits or prefer not to take on long-term loans.
Prefer not to worry about system maintenance, performance, or ownership logistics.
 
The system is typically installed and serviced by the lease provider, who is responsible for monitoring, warranty, and all repairs. Contracts usually run 20–25 years, and many providers offer buyout options mid-term or at the end of the lease.