Financing

Four ways to pay for a system

Cash, loan, lease and PPA are different arrangements, not better or worse versions of one another. Every figure below comes from your written quote.

You own it

Cash purchase

You own the system.

[PLACEHOLDER: 2–3 sentences — client to supply]

Total system cost
[TOTAL SYSTEM COST — CONFIRM / quote-specific]

You own it

Solar loan

You own the system, financed by a lender.

[PLACEHOLDER: 2–3 sentences — client to supply]

Term
[TERM]
APR
[APR]
Dealer fee
[DEALER FEE — CONFIRM]
Monthly payment
[MONTHLY PAYMENT — quote-specific]

Third-party owned

Lease

A third party owns the system. You pay a monthly amount for the equipment.

[PLACEHOLDER: 2–3 sentences — client to supply]

Term
[TERM]
Monthly payment
[MONTHLY PAYMENT]
Annual escalatorThe percentage your payment increases each year.
[ANNUAL ESCALATOR %]
End-of-term options
[END-OF-TERM OPTIONS]
Transfer on home sale
[TRANSFER ON HOME SALE]

Third-party owned

PPA (power purchase agreement)

A third party owns the system. You pay for each kWh it produces.

[PLACEHOLDER: 2–3 sentences — client to supply]

Term
[TERM]
Rate per kWh
[RATE PER kWh]
Annual escalatorThe percentage your payment increases each year.
[ANNUAL ESCALATOR %]
End-of-term options
[END-OF-TERM OPTIONS]
Transfer on home sale
[TRANSFER ON HOME SALE]

All terms are quote-specific and are set out in writing before you sign. Nothing on this page is an offer.

Compare

What changes between these

  • Who owns the equipment

    [PLACEHOLDER: 2–3 sentences — client to supply]

  • Who is responsible for maintenance

    [PLACEHOLDER: 2–3 sentences — client to supply]

  • What transfers when you sell the home

    [PLACEHOLDER: 2–3 sentences — client to supply]

  • How incentive treatment is determined

    [PLACEHOLDER: 2–3 sentences — client to supply]

Incentives and programme status

Talk through the options at your assessment

[PLACEHOLDER: one sentence — client to supply]

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