New Solar Leasing Program in Dallas Fort-Worth, Texas

Have you been eager to harness the power of the Texas sun with rooftop solar panels but feel held back by the prospect of large, upfront installation costs? Well we have great news to share! North Texas Solar is thrilled to announce a special partnership that will enable us to provide local homeowners access to an affordable new solar leasing program option alongside our existing purchase packages.

Why Are We Now Offering Solar Leasing For Homeowners in Dallas Fort-Worth?

North Texas Solar has partnered with an industry-leading solar financing company that provides funding opportunities for high-quality, regional solar installers like us to grow our businesses and offer expanded energy solutions. We know that buying a full solar system array outright simply isn’t financially feasible for many households no matter how much they want to become more power independent. Our team is always looking for new ways to better help the Dallas Fort-Worth community and Texans switch to solar easily and affordably.

That’s why we couldn’t be more excited that teaming up with new financial institutions and partners has finally created an avenue for us to offer solar leasing. Leasing solar panels allows us to remove some of the prohibitive barriers of the initial purchase costs when switching to solar or going off-grid. Instead, the solar leasing model empowers homeowners and businesses to benefit from a complete solar system. Homeowners, schools, nonprofits and commercial properties benefit from all the clean, low-cost energy produced on their rooftops through simple monthly lease payments over longer 15-25 year terms.

With a solar lease agreement, you skip the burdens of upfront equipment purchases, financing approvals, insurance requirements, and some maintenance costs. The solar leasing pathway just lets you conveniently pay for solar energy production without complex ownership of the physical hardware on your property. Our solar leasing model truly makes going solar more accessible to many Texans and we are thrilled to add this solar option to our portfolio of services.

Pros and Cons of Purchasing vs Leasing Rooftop Solar Panels

Now, let’s explore how going solar via traditional system purchasing compares to entering into a leased equipment agreement in greater detail so you can best decide what financial solution fits your household:

Upfront & Ongoing Costs:

With a solar lease through North Texas Solar, no upfront investment is due initially to commence installation aside. Additionally, there are less hoops to jump through and this process is very low hassle for homeowners. We work with you to set up affordable fixed monthly lease payments to our team for your ongoing solar energy generation over decades. Purchasing solar means taking on substantial system buy-in costs before tax incentives are applied. Purchasing a solar system, off-grid system, and battery backup system can be done through financing or cash, but the upfront investment is usually a bit more.

System Ownership:

Purchasing a solar array eventually means that full ownership of the equipment rests with you after any financing loans mature. Leasing keeps ownership in the hands of our company for the duration of the 15-25 year agreement term. When homeowners lease solar panel systems, they essentially rent usage rights to the clean power produced. Purchasing a solar system does give you home a boost in equity and increases your property’s asset value. If you are considering going solar on your forever-home, and the purchase options like financing or cash make sense for your household, then you may want to consider owning your solar system.

Tax Credit Eligibility:

System purchasers can directly claim attractive federal tax credits plus state incentives and may deduct solar loan interest payments from taxable income. With a solar lease, North Texas Solar handles claiming available credits on behalf of the homeowner. Our goal with solar leasing is to keep lease rates ultra-competitive by passing substantial savings from incentives along to homeowners so your monthly payments are as low as possible.

Click here to learn more about the federal investment tax credit program for residential and commercial solar systems.

Responsibility for Repairs & Replacements:

With a purchase, homeowners bear the responsibility of covering occasional replacement parts and repairs themselves. Keep in mind, North Texas Solar provided bumper-to-bumper warranties on all of our solar and off-grid power systems to ensure your system is working optimally and fully covered. Your peace of mind is our goal! However, over decades of system operation, sometimes your solar system may need general upkeep so production remains optimal.

North Texas Solar’s new solar leasing program also provides bumper-to-bumper warranties on all your equipment. We also offer comprehensive maintenance programs to protect your system’s equipment and in some cases, the production of your solar system. As a homeowner, whether you decide to lease or purchase your solar system, you will have some responsibility for repairs. Be sure to choose a team of solar experts who offer excellent warranties for your solar panels such as North Texas Solar.

Reach Out Today to Explore This Exciting New Solar Leasing Option!

We hope this overview has helped demonstrate how solar leasing can provide a more accessible pathway to home grid independence! Additionally, savings when switching to solar through a lease program are still incredible. Reach out now for a free solar consultation with a North Texas Solar expert to learn more about how our solar leasing program works.

Our advisors will assess your unique roof situation and energy usage needs to provide a detailed proposal with your estimated monthly lease rate, production guarantees, and zero down affordability. Let’s have a relaxed, no obligations discussion about whether leasing is the right fit!