What's the difference between leasing and buying solar panels?
The primary difference is . When you buy, you own the equipment and the energy it produces; when you lease, you are effectively renting the hardware and paying for the power generated.
You own the system. You are responsible for maintenance, but you keep all financial incentives and the long-term energy savings.
A third party owns and maintains the panels. You pay a monthly fee to use them, often with $0 upfront cost. Financial Comparison