Under a solar lease, a third-party owner (typically a solar company) installs solar panels on your property and then sells you the electricity produced at a predetermined monthly rate. Sounds pretty straightforward—and in many ways, it is. But here's the thing: Solar leases work differently from buying or financing. . Third-party financing is an established financing solution in the United States, and it has emerged in the solar industry as one of the most popular methods of solar financing for consumers to realize the benefits of solar energy. Third-party financing of solar energy primarily occurs through two. . Leasing can offer a way to finance the purchase of solar panels without breaking the bank. “By leasing solar, Americans can avoid upfront costs and could start saving immediately,” says Wyatt Semanek, Public Relations Manager at Sunrun, a U.
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