Comments on: Solar For Lease: CitizenrÄ“ Lights Up http://www.newgreenbasics.com/green-news/solar-for-lease/ Greener ways to cook, shop or clean Sat, 16 Oct 2010 15:03:42 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: New Green http://www.newgreenbasics.com/green-news/solar-for-lease/comment-page-1/#comment-26 New Green Sun, 09 Nov 2008 15:58:22 +0000 http://www.newgreenbasics.com/wordpress/?p=14#comment-26 Sunnyboy, you're right about buying versus leasing when it comes to homeowners who have no plans to move, or expect to get a premium when they sell their solar-powered homes (though some buyers may balk at paying extra for a home with a solar system), But leasing makes sense for people who don't want financing because of interest payments, or other reasons, or don't plan to live in a dwelling long enough for the system to pay for itself. Leasing is just another option to get people to use solar who may not consider it otherwise. Sunnyboy, you’re right about buying versus leasing when it comes to homeowners who have no plans to move, or expect to get a premium when they sell their solar-powered homes (though some buyers may balk at paying extra for a home with a solar system),

But leasing makes sense for people who don’t want financing because of interest payments, or other reasons, or don’t plan to live in a dwelling long enough for the system to pay for itself. Leasing is just another option to get people to use solar who may not consider it otherwise.

]]> By: Sunnyboy http://www.newgreenbasics.com/green-news/solar-for-lease/comment-page-1/#comment-25 Sunnyboy Sun, 09 Nov 2008 06:42:23 +0000 http://www.newgreenbasics.com/wordpress/?p=14#comment-25 When you lease a solar system you don't get the new 30% tax credit or the huge cash rebate or the valuable RECs(renewable energy credits) and all you'd be lucky to save is about $25.00 a month on a typical $250.00 electric bill after going through all the trouble of being locked into a lease for all those years. And after more than 10 to 15 years of lease payments you will own absolutely nothing. You're far better off to buy a system using traditional financing. Not only will you get all of the financial incentives mentioned above but you'll also own a system with a 30 to 40 year life expectancy that will put cash into your pocket every month for another 20 to 30 years after you've paid the system off. And that's even considering the replacement of the inverter after 12 to 15 years. Lease a solar system.....I don't think so ! Buying one makes alot more sense. Why do you think the leasing companies BUY solar systems, take all of the financial incentives for themselves then turn around and lease systems to homeowners. When you lease a solar system you don’t get the new 30% tax credit or the huge cash rebate or the valuable RECs(renewable energy credits) and all you’d be lucky to save is about $25.00 a month on a typical $250.00 electric bill after going through all the trouble of being locked into a lease for all those years. And after more than 10 to 15 years of lease payments you will own absolutely nothing. You’re far better off to buy a system using traditional financing. Not only will you get all of the financial incentives mentioned above but you’ll also own a system with a 30 to 40 year life expectancy that will put cash into your pocket every month for another 20 to 30 years after you’ve paid the system off. And that’s even considering the replacement of the inverter after 12 to 15 years. Lease a solar system…..I don’t think so ! Buying one makes alot more sense. Why do you think the leasing companies BUY solar systems, take all of the financial incentives for themselves then turn around and lease systems to homeowners.

]]> By: New Green http://www.newgreenbasics.com/green-news/solar-for-lease/comment-page-1/#comment-16 New Green Tue, 29 Jul 2008 23:21:48 +0000 http://www.newgreenbasics.com/wordpress/?p=14#comment-16 <p>We feel your pain. Last time we contacted the company they were negotiating additional funding with investors because they were so overwhelmed.</p> We feel your pain. Last time we contacted the company they were negotiating additional funding with investors because they were so overwhelmed.

]]> By: Michael http://www.newgreenbasics.com/green-news/solar-for-lease/comment-page-1/#comment-15 Michael Mon, 28 Jul 2008 23:53:18 +0000 http://www.newgreenbasics.com/wordpress/?p=14#comment-15 <p>This program has tons of promise, it seems that they are behind schedule. We reserved a system months ago, and are still currently waiting for a system.</p> This program has tons of promise, it seems that they are behind schedule. We reserved a system months ago, and are still currently waiting for a system.

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