Sentences with phrase «solar equipment lease»

Then here's some good news: you may soon have the option of using a solar equipment lease to power your home!

Florida regulators have ruled that Sunrun's 20 - year solar equipment lease in Florida is not a retail sale of electricity — opening the door to third - party owned solar.

Not exact matches

For most companies participating, employees will have up to a year to decide to install a solar system, officials said, and the PV panels and other equipment can either be purchased or leased with a range of financing options.

Knowing that they'll save over the long - term isn't enough for most people if they have to pay tens of thousands of dollars right away, but if a deal is structured in such a way that the price of leasing solar equipment is lower than current power bills, almost all of the pain of going solar is eliminated.

Due to the upfront cost of the solar equipment and installation, financing the system is often the largest hurdle, especially for people and organizations that would like to purchase instead of lease the system.

State law even prevents homeowners from installing solar panels by restricting the leasing of equipment by consumers.

And again, while «leasing» of equipment has always been allowed — the nation's leaders in residential and commercial solar leasing never ventured into the state.

Kevin J. Moore is a Member of the Firm's Real Estate Department and focuses on land use, redevelopment and related litigation, financial incentives and solar energy law (including site and equipment leases, power purchase and EPC agreements and related financing, land use approvals and incentives).

The bottom line is that leasing solar panels is not a good economic decision for homeowners or a good business practice for building owners (commercial properties may make more economic sense), because leasing greatly diminishes the economic returns for building owners and makes money for the equipment owner, not the building owner.

Solar contracts require the new owner to take over the leases and terms, which often aren't attractive terms to potential new owners who would prefer to own the equipment.

While residential solar customers once had no choice but to write an upfront check for thousands of dollars worth of equipment if they wanted to go solar, the industry recently has added power purchase agreements with no up - front investment, long - range financing deals with zero down, and lease options.