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Californians have many solar financing choices

California Solar Financing Options

Going solar will cost you between $14,000 and $28,000 if you pay for it yourself, depending on the size of the system. Sunrun offers various financing options which make paying for solar more affordable, although you can purchase your system as well if you would like to do that.

Solar lease or PPA:

With a solar lease or PPA, you don't have to pay for the system. Instead, a company like Sunrun buys, installs and takes care of the system for you. You simply pay for the power every month. These are very popular in California - over 70% of homeowners who installed solar in 2013 chose a lease or PPA over buying outright.

  • A solar lease or PPA often requires $0 down. But, you can prepay for some of your electricity to lock in lower rates.
  • Your provider handles installation, maintenance and repairs for the life of the agreement.
  • The provider passes savings from rebates, tax incentives and credits along to you.
  • You’re entitled to all energy produced by your home’s system, including energy credits from your utility from net metering.
  • You can transfer the agreement if you sell your home.

SOLAR SAVINGS ARE BIG

See if you qualify

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