How Palmetto customers invest in solar energy
Whether you want to own, lease, or pay only for the power your solar panels produce, we’ve got you covered
69% Finance
Their solar energy system with low monthly payments and no money down¹
6% Pay Cash
And own their system outright before the electricity savings begin
15% Enter a PPA
Or Power Purchase Agreement and pay only for the power their solar panels produce
10% Lease
Paying a fixed monthly fee for access to solar energy savings
Buy or lease? The cost of solar panels for home.
Add Grid Items here
Cash and Finance
You own the panels.
You own the power.
Customers who purchase their solar energy system have access to greater long-term savings and can leverage solar credits to offset the cost of investment.
- Higher long-term savings
- Multiple financing options
- Eligible for tax credits and incentives
- Increases the value of your home
Lease and PPA
We own the panels.
You own the power.
Customers who enter a solar lease or Power Purchase Agreement can access the benefits of solar without any upfront investment or solar maintenance costs.
- Instant solar savings
- No investment costs to recoup
- Maintenance and monitoring included
- Lock in low rates
Let's compare the options!
Buy: Loan¹
Buy: Cash
Solar PPA
Solar Lease
Finance your solar investment
Purchase your solar system outright
Lock in low electricity rates
Rent your solar panel system
if have good credit and want more flexibility
if you have cash and want to maximize your savings
for instant savings from the power your panels produce
for instant savings and predictable payments
High long-term savings
Highest long-term savings
Instant solar savings
Instant solar savings
Eligible for credits and incentives
Eligible for credits and incentives
Not eligible for credits and incentives
Not eligible for credits and incentives
You finance the panels
You own the panels
We own the panels, buyout option at year 5
We own the panels, buyout option at year 5
Credit check required
No credit check required
Credit check required
Credit check required
Invest with $0 down
First payment at contract
Prepayment optional
Prepayment optional
Low monthly loan payment
Final payment at activation
Low fixed rate for solar power
Low monthly lease payment
7-25 year terms
Three-part payment
20-25 year terms
20-25 year terms
4.49-11.99% APR
2.9% processing fee
Credit card fees may apply
Credit card fees may apply
High-efficiency panels
High-efficiency panels
High-efficiency panels
High-efficiency panels
Custom solar design
Custom solar design
Custom solar design
Custom solar design
Service plans available
Service plans available
Service included
Service included
Project and performance tracking
Project and performance tracking
Project and performance tracking
Project and performance tracking
Real-time chat support
Real-time chat support
Real-time chat support
Real-time chat support
Weigh the factors for yourself
What are your short-term and long-term financial goals?
Enter some text
Do you have cash on hand? If not, what's your credit score?
Enter some text
How are electricity rates structured in your area?
Enter some text
Are you eligible for solar credits and incentives?
Enter some text
How much energy can your solar panels produce?
Enter some text
Do you live in an area with significant seasonal variations in solar performance?
Enter some text
Are you planning to sell your home in the next five years?
Enter some text
Not sure yet? Browse more resources.
Learn more about your solar cost and savings potential with our solar resources.
Solar Leasing vs Solar Buying: What You Need to Know
Get more insights and tips on solar lease and purchase options.
Go solar with Palmetto
Looking to buy? Learn more about the costs and benefits of going solar with Palmetto.
About Palmetto
We're on a mission to democratize clean energy, starting with better savings and support.
Solar Panel Payback Period (Guide)
View the factors that impact your solar panel payback period, and learn how to calculate your own.
What Happens At The End Of A Solar Lease?
Looking ahead: You can renew, buy out, or end your agreement. Learn more.
Solar Resources
Browse blogs, support articles, videos, and tips to help you access clean energy.
Palmetto solar advisors
Speak with a financial consultant
There are many options when it comes to financing your solar energy system. Whether you want to pay with cash, loan, PPA, or lease, Palmetto can help you break down payment options so you can make an informed decision.