When you purchase a system, you are the sole beneficiary of the Investment Tax Credit (ITC), which currently allows you to deduct 30% of the installation cost from your federal taxes. You also keep any local rebates or Solar Renewable Energy Certificates (SRECs). solar power lease vs buy
Studies by the Lawrence Berkeley National Laboratory show that buyers are willing to pay a premium (roughly $15,000 on average) for homes with owned solar. When you purchase a system, you are the
A purchased system typically pays for itself in 6 to 9 years . After that, the electricity generated is essentially free for the remainder of the system's life (25+ years). When you purchase a system
