Renting Solar Panels

[GWguy]

Want To Try Solar? Lease A Panel - Money News Story - WRC | Washington

Interesting alternative to buying solar panels outright.

The Gutmans said their 15-year-lease comes in at $142 a month, includes free repairs and no money down. If they move before their lease is up, they can either transfer the lease to the new owners, pay an opt-out fee, or buy the panels outright.

 

[huntr1]

Want To Try Solar? Lease A Panel - Money News Story - WRC | Washington

Interesting alternative to buying solar panels outright.

I hope they are saving over $150 on their energy bills each month.

 

[GWguy]

I hope they are saving over $150 on their energy bills each month.

The Gutmans had been paying $331 each month before solar. Now, they pay about $197 with the panels, saving $134. Add in the lease payment and the price is almost a wash, but the Gutmans said they prefer eco-friendly energy to using energy from power plant.

They think it's an acceptable tradeoff.