BUYING & FINANCING
SOLAR

SOLAR FINANCING OPTIONS

Purchasing a solar system ranges widely in cost, depending on the size of each home. A small home can be in the Rs 80k – Rs 280k neighborhood, while expensive home with pools and add-ons can reach over Rs 50k. We offer several solar panel financing options, and we work to make monthly payments for solar affordable to each family.

Finance With A Solar

Solar loans allow homeowners to own the solar system and pay for it over time. Our solar consultants will find the right lender and get you a competitive rate through our extensive network of solar financing partners. Benefit includes

  • Affordable monthly payments.
  • You can take advantage of all federal and state tax incentives you are eligible for (again, be sure to consult with a tax advisor ahead of time).
  • Depending on your loan terms and energy usage, your loan payment plus remaining electric bill should be less than your previous electric bill.
  • 24/7 monitoring and 20-year system warranty.

Solar Power Purchase Agreement

A solar Power Purchase Agreement (PPA) is a contract to buy solar power based on a set rate for the electricity the solar system produces. With a Power Purchase Agreement, a Sungevity finance partner owns, installs, and maintains the solar system on your roof — just like a solar lease. Unlike a lease, you pay for the solar power you produce rather than the panels themselves.
  • You pay for the electricity you produce at a set rate.
  • You can protect yourself from the volatility of future utility rate changes.
  • We handle all the tax rebates for you and pass the savings to you by baking it into your rate.
  • If you sell your home, Sungevity will help transfer the PPA to the new homeowner.

Solar Power Purchase Agreement

A solar Power Purchase Agreement (PPA) is a contract to buy solar power based on a set rate for the electricity the solar system produces. With a Power Purchase Agreement, a Sungevity finance partner owns, installs, and maintains the solar system on your roof — just like a solar lease. Unlike a lease, you pay for the solar power you produce rather than the panels themselves.
  • You pay for the electricity you produce at a set rate.
  • You can protect yourself from the volatility of future utility rate changes.
  • We handle all the tax rebates for you and pass the savings to you by baking it into your rate.
  • If you sell your home, Sungevity will help transfer the PPA to the new homeowner.
Solar Lease for Little or No Money Down

Many homeowners prefer to lease the solar equipment. It’s fundamentally the same concept — the panels generate clean, renewable electricity for your home and you save a ton of money on your monthly bill. The only difference is you simply lease the panels instead of buy them. Sungevity will connect you with a lease provider who owns, installs, and maintains the system for you.

  • Minimal upfront cost — in some cases, nothing at all — and an affordable monthly amount to the lease provider.
  • Custom home solar design so the total of your lease payment plus remaining power bill is less in total than your previous electric bill.
  • System performance is guaranteed for 20 years (and if your system produces less than we estimate, we’ll pay the difference).
  • There’s no need to feel tied down, either. If you sell your home, Sungevity will help transfer the lease to the new.
Solving your energy needs

Omesa is at the heart of the global transition towards lower carbon and more sustainable forms of power generation, helping individuals, businesses and communities of all sizes to become distributed energy champions. Want to know more?