Homeowners today have many ways to invest in their property, whether that’s upgrading outdoor living spaces, or renovating interiors. With so many options, deciding where to put your money can feel like a balancing act.

Solar is one of the few home upgrades that can increase both your home’s value and help reduce energy costs. And now, owning a solar system outright isn’t the only path to clean energy. A solar lease is a form of third party ownership (TPO) that allows you to install solar with $0 down, and make predictable monthly payments instead of purchasing the system upfront. The lease provider owners the solar equipment, while you benefit from clean energy and bill savings from day one.

If you have been curious about solar, but aren’t ready for a large upfront investment, here are a few reasons why a solar lease might be the right choice for your home!

You Want Your Cash Available

Most home improvement projects need a large upfront investment. If you’d rather keep your savings available for other priorities, solar leasing can be a practical option.

Instead of paying the full cost of a solar system upfront, our lease program allows you to go solar with $0 down and make consistent monthly payments. It’s not adding on a new expense, more like swapping one bill for another even lower bill.

Your lease payment is based on your average historical energy usage, giving you a predictable monthly payment. And while utility rates continue to rise, your lease rate stays the same for 25 years, helping you plan ahead.

You Don’t Want to Take On Another Loan

For many homeowners, it’s not about whether they can qualify for a loan, it’s that many don’t want one. A solar lease is not a loan, so you can enjoy the benefits of solar without adding to your existing financing.

If you’re already balancing a mortgage, car payment, or other financial obligations, leasing offers a way to lower your monthly energy costs without taking on additional debt. And if your financial goals change over time, you have flexibility! After five years, you have the option to purchase the system at its fair market value, allowing you to transition into ownership when the timing works for you.

*Kelly Sheehan, lease customer, with her newly installed solar!*

You Just Built a Home (and Your Budget is Tight)

For those who have recently completed a new construction home or moved into a new build, chances are you’ve made some big investments. From landscaping, appliances, and furniture to those unexpected costs that come with a new home, it’s normal to want to avoid another large expense.

A solar lease gives new construction homeowners the opportunity to add solar and start saving immediately on electricity. Homeowners can save 10% or more in year one with savings that continue to grow as utility rates rise.

“I expect to save about $50 at first (per month) and as electricity prices continue to go up, then my savings will continue to be more.” - Kelly Sheehan, Sugar Hollow Solar Leasing Customer

There is no need to wait years for solar when you can start benefiting from clean energy now, all while preserving your cash for other home projects!

You Want Zero-Hassle Maintenance

One of the greatest benefits of leasing is the peace of mind that comes with it! Throughout your lease term, we provide service and support to your system so you don’t have to worry if your system is working or not. If your system ever needs attention, our dedicated service team is here to help.

What Sets Our Solar Lease Program Apart

At Sugar Hollow Solar, we partnered with the nationally recognized Amicus Solar Cooperative to offer competitive solar lease options designed with homeowners in mind. Through this partnership, our lease program for Western North Carolina and Upstate South Carolina includes:

No down payment
No annual cost escalator
A 25-year fixed lease term
A buyout option after Year 5
A production guarantee backed by the TPO
Local installation and service you can rely on

Whether you’re looking to preserve cash, avoid taking out a loan, or simply want peace of mind that comes with included maintenance, leasing can be an accessible path to solar! If you’re still wondering if solar lease is right for you, our team is happy to walk you through options, answer questions, and help you find the best solution for your home, budget, and long-term goals. Reach out today!