Flexible Electronics News

Lease Option Increases Rooftop Solar’s Appeal, NREL Study Says

Low down payment, immediate savings, lure a new, less affluent demographic

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Rooftop solar panels are attracting a new demographic of customers who are choosing to lease rather than buy, and enjoying the low upfront costs and immediate savings. The new third-party-lease business model lets homeowners save money the very first month, rather than breaking even a decade later after an initial investment of $10,000 or $20,000. Analysts with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) found that the solar lease models are surging in southern...

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