Should You Lease or Buy Your Solar System?

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If you’re thinking about going solar, you have to know whether a lease or a loan is right for you.

More than half a million homes and businesses in the U.S. have gone solar, and by the end of the year, that figure could top 1 million. Companies like SolarCity (NASDAQ: SCTY ) and Vivint Solar (NYSE: VSLR ) are spreading like wildfire, and if costs keep coming down, there’s incredible growth potential for solar.

But the decision to go solar isn’t one homeowners should take lightly, and there are a lot of decisions to make about how to go solar. One of the biggest decisions surrounds financing solar panels. Let’s find out if it makes more sense for you to lease or buy in solar today.

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