At SunPower® by Infinity Solar, we make switching to solar easy. With three powerful financing options, solar savings are a possibility for everyone. Whether you’re a homeowner interested in leasing solar panels in New Jersey, or a business owner looking to purchase solar panels in New York, we’ll work together to choose the right financing option for you.
Purchasing solar panels
The solar system and the energy – it’s entirely yours. When you purchase your solar system directly, you own it from day one. Many customers in New York and New Jersey find that this is the quickest path to the greatest solar savings. While the initial solar panel installation cost may seem greater than other options, over time your system pays for itself with savings on your utility bills.
Leasing solar panels
When you lease solar panels, you put no money down and start saving from day one. Customers in New York and New Jersey pay a fixed monthly rate to “rent” their solar system and use the energy produced.
In addition to your monthly savings, system performance is guaranteed for 25 years, so if something goes wrong, we’ll be there to make it right. If you decide to sell your home, you can assign your lease to the new homeowner or even take it with you (depending on where you go). We’ll help out every step of the way.
Another $0 down solar financing option, solar loans allow you to own your solar and repay the loan amount on a monthly basis, keeping your initial solar panel installation cost down. Loans can range from 5-20 years and can be paid off any time without penalty. For many New York and New Jersey customers, the combination of the loan payment and remaining power bill is less than their previous electric bill.
Solar rebates & incentives
Still unsure if switching to solar is for you? We’ve got good news – financial incentives, tax credits and utility rebates are available at both the state and federal level to help keep your solar panel installation cost as low as possible. Find out which solar incentives you qualify for.