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Financing Options for Solar Panel Installation

Understanding Solar Financing

Financing solar panels can be a significant concern for homeowners. Fortunately, there are various options available, including loans, leases, and power purchase agreements (PPAs). This article breaks down each option to help homeowners make informed decisions.

Loans vs. Leases

Loans allow homeowners to own their solar systems outright, while leases provide a way to use solar energy without the upfront costs. Each option has its pros and cons, which we will explore in detail.

Choosing the right financing option can make solar energy accessible.