Leasing vs Ownership
Financing and maintenance make solar attractive for a cash-strapped and mobile populations in the early 21st century. Here is a lease vs. own calculator and payback chart. The article below by John Farrell of the Institute for Self Reliance describes the pro's and con's of ownership versus a leasing type arrangement in greater detail.
Is Solar Ownership Poised for a Comeback?
| Written byJohn Farrell... read more here
Is Solar Ownership Poised for a Comeback?
| Written byJohn Farrell... read more here
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Notes: The Net Present Value shown on the graph should be considered your return on investment in this example. Interest rate adjustments, the cost per installed KW and the discount rate are fixed in this example which may result in a higher cost than an installer or a Utility provider may quote. More complete information is available on the ILSR website.