LEASE YOUR SYSTEM

Solar leases and PPAs


It is a misconception that purchasing your solar system is your only choice: leases and PPAs are another great option available to homeowners. There are two ways to go about this: solar leases and solar power purchase agreements (PPAs).

Let’s take a look at the difference!

Solar Leases

With a solar lease, you pay a fixed payment every month. You pay to rent your solar power system, typically for about 20% less than you were paying for electricity.* You can still take advantage of potential energy savings, while making your monthly bill much more predictable.

Solar PPAs

Power Purchase Agreements (PPA) work much like solar leases, but instead of renting the system, you agree to pay a set price for the electricity the system produces.

With a solar PPA, you pay a fixed rate per kWh for all the electricity from your system that you use. Thus with a PPA, your payments will vary. How much you pay depends on how much power your system generates and how much power you use. To keep your costs low, you can try to offset the energy you use, and you may still see potential energy savings.

Leases and PPAs are both great options

The main difference between leases and PPAs is that the payments remain the same during a solar lease and they vary with a PPA. However, both are great alternatives to purchasing a solar system. It ultimately depends on your situation and what financing option is the best fit for your lifestyle.

In general, leases and PPAs last 25 years. Many users often experience paying roughly the same amount at the end of their solar lease as someone who paid with a PPA.

Get a Quote

Whether you want to buy or lease, Freedom Forever has what it takes to get the job done. A solar system is a great investment, and may look a little different for everyone. Freedom Forever wants to ensure you have as many financing options available to make solar as attainable as possible. Fill out your contact information below and our team will reach out to you to set up an appointment and discuss your solar needs!


  • This field is for validation purposes and should be left unchanged.

By submitting my contact information including my telephone number above, I authorize Freedom Forever LLC and its subsidiaries, its Independent Authorized Dealers, Bright Solar Marketing, and/or its affiliates to contact me via telephone calls and/or text messages (SMS), using automated dialing technology for marketing/advertising purposes. No purchase required. Message and data rates may apply.

*According to ChooseEnergy.com.
** For candidates who qualify for and obtain third-party financing

Explore our Learning Center

Blog
3min

10 unexpected habits to help our planet this Earth Day

As summer approaches and the sun is out longer, we are taking advantage of the great outdoors. But, it is important to understand the implications our summer activities have on the health of the Earth. Here are 10 small habits you can implement today that will…
Blog
4min

14 reasons to fall in love with solar power

This time of year, love is in the air and there’s electricity all around! We might be biased, but we believe there are so many reasons to LOVE solar power for your home or business. In fact, we have 14 reasons why we’ve fallen hard for…
Blog
2min

Everything You Need to Know About NEM 3.0

On December 13, 2021, the California Public Utilities Commission (CPUC) published its proposed decision to replace the state’s solar net energy metering (NEM) program. The new proposal, NEM 3.0, would replace NEM 2.0 and is being called a “Net Billing tariff”. If it passes as is,…