Financing Options
SunPower Solar Financing Options For Your Needs
For SunPower’s customers, these options are a win-win-win. With all of these options, your system is backed by our industry-leading, 25 Year, Combined Power and Product Warranty.
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You own the system and the energy it produces. Cash
- You purchase your SunPower® system directly.
- A home equity loan can be used and may be tax-deductible.
- You can keep any solar tax credits and/or state and local incentives for which you may be eligible.
- Purchasing your SunPower system directly can maximize your savings. Over time, your system can pay for itself through your utility bill savings.
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Determine the amount and tenor of your monthly payments. Loan
- Various loan payment terms and conditions available (including optional full prepayment without penalty).
- You can keep any solar tax credits and/or state and local incentives for which you may be eligible.
- For many customers, the combination of the loan payment and the remaining power bill is less than their previous electric bill.
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Pay a discounted, fixed rate for the electricity your system provides. Lease
- You pay a monthly amount to “rent” the system and use the energy you produce
- For many customers, their lease and remaining utility bill are lower than their previous electric bill
- System production is guaranteed for 20 years. If something breaks, we’ll fix it.
- When you sell your home, you can assign the lease to the new homeowner, subject to credit approval. SunPower facilitates this process.