Residential Solar Financing Company For Purchasing Or Leasing

Built to last for 30+ years, solar photovoltaic (PV) systems are certainly not inexpensive items. When you buy a home, you don’t pay for it upfront, nor would you be expected to pay for your solar system all at once. (Most of us don’t even purchase an automobile with cash today!)

When you buy a home or car, you consider traditional loans and leasing options. Likewise, as a solar panel financing company, Sunburst Solar provides our customers with both options so you can assess your financial situation and determine the most cost-effective way to pay for your solar energy system.

Solar financing and leasing each represent flexible payment solutions for your new PV system. Financing allows you to own the system through a solar panel loan (similar to a mortgage). By contrast, leasing lets you “rent” the PV system for a fixed period without any direct ownership responsibilities. Both options facilitate affordable access to solar energy.

Benefits of Solar Financing and Leasing

As a homeowner thinking about going solar, financing and leasing offer slightly different advantages:

Financing leads to PV system ownership, which delivers the largest savings — while also increasing the value of your home. In addition, this approach to solar installation financing allows you to qualify for a host of incentives and tax benefits.
Leasing requires no upfront costs, ensuring immediate savings on energy bills. Plus, you don’t have to worry about maintenance or upkeep when leasing a solar PV system.

Whichever option you choose, going solar is a proven way to save money and shrink your carbon footprint.

Types of Solar Financing and Leasing Options

Sunburst Solar offers a variety of financing and leasing options to suit different needs:

Secured loans: Use your home as collateral, offering lower interest rates for your solar system.
Unsecured loans: No collateral required, typically with higher interest rates but more flexibility.
Power purchase agreements (PPAs): Only pay for the solar power generated, not for the PV system itself.
Lease-to-own agreements: Lease the PV system with an option to purchase it at the end of the lease term.

Steps Involved in Solar Financing and Leasing

Sunburst Solar streamlines the PV installation and financing process using the steps below:

Initial consultation: Start with a conversation and get a quote to identify your solar needs and the best financing or leasing options.
Custom proposal: You’ll receive a plan tailored to your requirements, covering PV system design and payment methods — whether you use a lease or a loan for your solar system.
Paperwork and approval: Complete essential forms and await approval from the solar loan company for your PV project.
Professional installation: Our team installs your solar system with expertise and care.
Ongoing maintenance: Sunburst Solar offers continuous after-sales support to ensure your PV system operates at peak performance.

Lease or Purchase

As an experienced residential solar financing company, Sunburst Solar offers a range of options, each with its own advantages. The choice is yours!

Monthly Plan. Lease new solar panels with as little as $0 down, and lock in predictable monthly rates.

Full Amount Lease. Prepay for up to 25 years of solar power at the best price.

System Purchase. Own your solar system outright and increase your home’s value.

Sunburst Solar Complete Confidence Warranty

vs

Conventional Solar Company Warranty*

Complete
System

Removal of
Defective Part

Installation of
New Part

Shipping

Product
Warranty Term*

Saving the planet

While saving money is a pretty good reason for going solar, we want to remind you of the positive effects that a Sunburst Solar system has on the earth. We have helped thousands of homeowners like you save the planet by using clean, renewable solar energy. We estimate that our customers’ contributions over the next 20 years will have impacts equivalent to:

PLANTING 498,000 TREES

consuming 395,400 Gal. Of gas

Reducing 8,421,560 Miles of driving