Path-Q Solar
What should I check before accepting a solar lease?
Answer
Check payment amount and escalation, term, production responsibility, maintenance, insurance, roof obligations, transfer or buyout terms, removal, credit requirements, and what happens if the provider fails.
Key points
- You generally pay for use rather than owning the equipment.
- Understand whether payments continue when production is low.
- Sale and roof replacement provisions are important.
What it depends on
- Lease contract
- Property plans
- Provider obligations and financial strength
Risks and trade-offs
- Escalating payments may exceed future bill savings.
- Transfer or buyout can complicate a sale.
- Contract rights may vary by jurisdiction.
Information you may need
- Complete lease
- Payment schedule
- Production and maintenance guarantees
Your next step
What to do next
Have the full contract reviewed and compare its total expected cost with ownership alternatives.
Path-Q
Find the right next step
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Some details may depend on your location, installer, utility, incentives, regulations, or specific property.
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