SunLux’s leasing options require no upfront costs for the system. In the simplest terms, the solar panels are owned and maintained by the solar company, while the homeowner pays a lower predictable monthly power rate vs buying power from the utility company.
Generally, the terms of the lease span a 20 year period. If you are most interested in generating electricity through a renewable source, and saving money, with $0 upfront cost, then leasing may be right for you. Rest assured, your monthly combined cost for electricity and leasing a SunLux system, will be lower than your current utility bill – guaranteed.
When homeowners buy their solar panels from SunLux, they gain the highest financial benefit. The average annual return on investment is 22%. Additionally, the federal government issues a 30% return in the form of a federal tax credit, allowing you to own for less per month than you pay now.
Should you want to finance the purchase of your SunLux system, SunLux partners with some of the best solar loan companies in the biz. If you’re wondering, “How soon do the solar panels pay for themselves?” Homeowners generally make the purchase price back in 5 to 7 years via energy cost savings.