Solar Leasing

Financing Your SunPower® Residential Solar System

Flexible Payment Options

We offer several payment options to fit your financial goals. You can go solar for as little as $0 down or you can prepay for some of your electricity in advance to lower your ongoing monthly payments.

You can also fully prepay your Solar Lease so that you do not have any ongoing monthly bills.

Option to Upgrade System Later

At the end of our agreement, you can upgrade your existing solar power system to a new system with the latest solar technology. You can also extend our agreement, or simply have the solar panels removed for free.

If you sell your home, you can transfer the Solar Lease to the new owners or buy out the system ahead of time and include the solar panels cost in your home sale price.

Salt Electric Service:

We install your system for free and maintain the equipment on your home, so you do not have to worry about ongoing maintenance costs.

Lease and loan plans designed to keep things simple and make your new solar system truly affordable.

Leases offer:
  • No down-payment
  • Low monthly payments
  • SunPower Energy Assurance™—performance guaranteed, or your money back
  • Unique early buy-out opportunity if you decide to buy system before end of term
  • Flexible options at end of lease term—renew, buy or return the system
Loans offer:
  • Simple interest, unsecured financing
  • Long term—20-year (you can also pick 5-, 10-, or 15-year terms for slightly better interest rates)
  • Low rates—From 7.99% on 20-year loans (from 5.24% on 5-year loans)
  • No balloon payments
  • No pre-payment penalty
  • No annual escalator
  • One-time principal pay down within 18 months—use your ITC to lock in a low payment for the term of the loan
  • When it’s paid off, you own it—and you have free electricity for life