Solar Leasing for Residential Photovoltaic Systems

This publication examines the solar lease option for residential PV systems and describes two solar lease programs already in place. As a result of the $2,000 cap on the residential ITC being lifted in 2009, the expansion of the solar lease model across the United States may be slower than anticipated. The lease model, though, still offers homeowners some distinct advantages. This publication helps homeowners revisit the comparison between the solar lease and home-equity financing in light of the change to the ITC.