Solar installers switched to leases after tax credits ended : NPR
NPR • • business
Key Points:
- Solar companies are increasingly offering leasing options for residential solar panels due to the end of federal tax incentives for purchased panels under recent legislation signed by President Trump, while incentives for leased panels remain.
- Leasing solar panels involves third-party ownership, which can reduce a homeowner’s upfront costs but may come with drawbacks such as potential decreases in home value, service issues, and complicated lease transfers.
- Some solar company owners, like Micah Gold-Markel and Joy Seitz, remain wary of leasing due to concerns about customer understanding, long-term financial impacts, and the desire for customers to own their energy generation outright.
- Consumers are advised to be cautious of high-pressure sales tactics, avoid door-to-door or big-box store solar sellers who do not install panels,
