53758a24_for_residential_applications____Buy_Solar
[Benefits/Drawbacks] Reduction Of Your Current Electric Bill [Solar Lease] A solar system which is currently being recommended by a popular solar leasing company for a $249.00 per month electric bill in Edison territory would reduce that electric bill by $117.00 per month. The lease payment would be $132.00 per month so your monthly savings with a solar lease program would be about $15.00 per month. $15.00 per month ? Why would anyone let these people climb on their roof for a couple of days, drill lots of holes, install all of that equipment, be legally bound to a solar lease for up to 20 years on equipment that they won't own in the end, all for a savings of only $15.00 per month ? We're not exaggerating, you can visit the solar leasing websites and use their online lease calculators to see the numbers for yourself. [Buy Solar] 
When you purchase a solar system, you own the system. So unlike a lease, when you finish paying off your loan you're done, that's it. The money that your system will save you on your electric bill will have increased over time because electric rates will rise and this non-taxable income will go right into your pocket year after year, decade after decade.
Solar lease does it make sense for residential applications ?
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