http://solar.calfinder.com/blog/products/lennar-first-production-homebuilder-to-offer-solar-leasing/ A blog about residential solar power, brought to you by CalFinder. Fri, 26 Aug 2011 10:36:04 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://solar.calfinder.com/blog/products/lennar-first-production-homebuilder-to-offer-solar-leasing/comment-page-1/#comment-40876 Ron Wed, 16 Jun 2010 02:58:09 +0000 http://solar.calfinder.com/blog/?p=5100#comment-40876 A solar lease is a fools game. PACE financing is a much better way to go. For one, when you lease, all of the financial incentives, like the huge cash rebate, the 30% federal tax credit and the RECs (Renewable Energy Credits go to the leasing company. Second, after making 15 to 20 years worth of lease payments on that almost no maintenance solar system you won't even own the system because it belongs to the leasing company. With PACE financing there's no upfront money just like a lease and when you're finished with your payments, the system is yours. Oh and good luck selling your home if you lease a solar system because who in their right mind will want to take over your lease payment on a used solar system, that is of course if your potential homebuyer even qualifies for the lease. Good luck with that one. With a PACE financed system, the potential homebuyer automatically qualifies for the financing on the system that he or she will own when finished with the payments. When you purchase even a medium sized solar system you stand to make well over $120,000.00 in earnings, with a leased solar system your earnings don't even compare. Have an accountant do the math, a solar lease is a bum deal. A solar lease is a fools game. PACE financing is a much better way to go. For one, when you lease, all of the financial incentives, like the huge cash rebate, the 30% federal tax credit and the RECs (Renewable Energy Credits go to the leasing company. Second, after making 15 to 20 years worth of lease payments on that almost no maintenance solar system you won’t even own the system because it belongs to the leasing company. With PACE financing there’s no upfront money just like a lease and when you’re finished with your payments, the system is yours. Oh and good luck selling your home if you lease a solar system because who in their right mind will want to take over your lease payment on a used solar system, that is of course if your potential homebuyer even qualifies for the lease. Good luck with that one. With a PACE financed system, the potential homebuyer automatically qualifies for the financing on the system that he or she will own when finished with the payments. When you purchase even a medium sized solar system you stand to make well over $120,000.00 in earnings, with a leased solar system your earnings don’t even compare. Have an accountant do the math, a solar lease is a bum deal.

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