Going Solar Could Not Be Easier!
Rent to Own
There are several different programs that we offer at A1 Solar Solutions to help people acquire solar with no money out of pocket. Most solar companies offer only two types of solar agreement: ownership and PPA (power purchase agreement). A1 Solar Solutions offers both of those – plus a third method. That method…Rent to own. We believe you should have flexibility in you decision making process so we proudly offer all three options.
While all common solar programs offer the benefits of reducing your carbon footprint, virtually eliminating your current electric bill, establishing predictable payments, and locking in your future electric expenses, rent to own is the most flexible of the three. It’s like driving a car off the lot for a lower lease payment, and then once the car has depreciated, buying it for pennies on the dollar.
Take a look how rent to own stacks up against the other two programs below.
Rent to own is perhaps our most appealing option because you can save money on day one and you have the option to buy the solar panels after they have depreciated. What’s the advantage to buying something after it has depreciated?
Take this for example:
Now, say the same exact thing happens but instead of buying the car you entered into a six-year rent-to-own agreement. This option allowed you to buy the car at a cost determined by a third-party appraiser. Using this example, you could continue to rent for the next three years at $300 per month. OR you could buy the car for $6,000 and finance it for the remaining three years at the same rate. Now your payment would drop to $173 per month saving you more than $4,500 compared to purchasing the car from the beginning. That’s a hefty savings!