Solar energy is becoming a practical solution for homes and businesses looking to cut costs and embrace sustainability. With rising traditional energy expenses, renewable energy solutions like lease solar systems and Power Purchase Agreements (PPAs) are gaining popularity. These options provide an affordable way to enjoy solar power without the hefty upfront investment.
In this guide, we’ll explain what lease solar systems and PPAs are, how they work, and their benefits—all with Buffalo Solar as your trusted partner for renewable energy solutions.
Lease solar systems and PPAs offer two accessible ways to switch to solar energy without purchasing panels outright. Both options reduce financial barriers, making renewable energy accessible to more people.
With a solar lease, you pay a fixed monthly fee to use solar panels installed by a provider like Buffalo Solar. The provider owns and maintains the system, and you enjoy lower electricity bills. Leases are long-term agreements (typically 20+ years), and they often allow transfer to new homeowners if you sell your property.
In a PPA, you purchase electricity generated by solar panels at a fixed rate, often lower than utility rates. The provider owns and maintains the system, so there’s no upfront cost or maintenance responsibility. PPAs usually last 15–25 years, with options to renew or purchase the system at the contract’s end.
Leasing solar systems and PPAs come with multiple advantages:
Leasing or entering a PPA eliminates the significant upfront investment typically required for solar installations. According to the National Renewable Energy Laboratory (NREL), the average cost of solar installation in the U.S. is about $15,000 before incentives. Leasing or PPAs let you avoid this expense entirely, making solar more accessible.
These options offer reduced energy costs from day one. A 2020 report by the Solar Energy Industries Association (SEIA) found that households and businesses using leases or PPAs save up to 30% on energy bills, and savings grow over time as utility rates rise.
With lease solar systems or PPAs, the provider handles system maintenance and repairs. The Department of Energy highlights these options as ideal for those seeking a hands-off approach to renewable energy.
Switching to solar reduces your carbon footprint and reliance on fossil fuels. Leasing and PPAs allow you to contribute to a cleaner planet without ownership burdens.
Buffalo Solar specializes in offering tailored renewable energy solutions for both residential and commercial properties.
At Buffalo Solar, we design systems based on your energy needs and property specifications, ensuring maximum savings and efficiency. Whether you’re considering a lease or PPA, we’ll create a plan that works for you.
Navigating solar financing options can feel overwhelming. Buffalo Solar’s team of experts simplifies the process, guiding you from the initial consultation through installation and ongoing maintenance.
With Buffalo Solar, you’re not just getting a provider—you’re gaining a reliable partner committed to supporting your energy needs for years to come.
Before committing to a lease or PPA, consider your energy needs, location, and long-term goals.
Leasing solar systems and PPAs offer an affordable way to lower energy costs and embrace sustainability. With Buffalo Solar’s expertise, you can enjoy tailored renewable energy solutions that fit your needs.
Don’t let high upfront costs keep you from going solar. Start your journey today and experience the benefits of renewable energy without ownership responsibilities.
Contact Buffalo Solar for a consultation and discover how leasing or a PPA can work for you.