shrink wrote:I did a Sunpower Solar lease last year, but I don't think they offer the terms any more.
I prepaid a 20-year lease on a 6.9kWh system for $7,186. In year 7, there is a buy out option of $926 (not long before I'll probably need a new inverter) for a total of $8,112.
So, $8112 / 6900 W = $1.17/Watt.
They needed programs like this to keep making solar more accessible. However, when I tried to get an additional 2.8 kWh system installed a couple of months later, my installer here in AZ said the program was no longer being offered. The IRS wasn't happy with the leasing company taking a 30% tax credit based on a full price system that was actually selling for about 80% less.
Wow. That's a ridiculous price! Wish I could have gotten that.