When considering financial options for going solar, there are three main choices: Leases involve paying a fixed monthly fee to use a solar system installed on your property, with no upfront cost and maintenance typically included, but you don’t own the system. Loans allow you to buy the system outright by borrowing money, leading to long-term savings and eligibility for tax incentives, though you are responsible for maintenance and loan payments. PPAs are agreements where a solar company installs and maintains the system, and you purchase the electricity generated at a predetermined rate, offering low costs but no system ownership and savings dependent on your energy usage. Each option has its pros and cons depending on your financial situation and long-term goals.
