Connecticut Solar Financing
Connecticut is keeping pace as one of the fastest-growing solar states in the region.1
With nearly 37,000 jobs counting on clean energy, that’s goods news for households across The Constitution State.2 Expanding renewable jobs in Connecticut and seeing your local community thrive all starts with roofs like yours. Thanks to flexible solar leasing and financing, Sunrun is here to help home solar power in Connecticut shine.
Sunrun's Connecticut solar leasing and financing options help households across the state go solar without the high upfront cost. Whether you opt for the flexibility of a solar lease/power purchase agreement (PPA) or full ownership with a solar purchase or a solar loan, we have various financing options to help you go solar. Get your free solar quote today.
Solar Leasing/PPA for as Little as $0 Down
We want households across the country to have access to energy security and independence. Solar panels in Connecticut cost between $12,240 to $16,560 on average3 and at least $150 per year to maintain.4 That’s why Sunrun pioneered residential solar financing to give households the chance to go solar without the high-system cost. With a solar lease/PPA, you pay as little as $0 up front and $0 for maintenance.
What is a solar lease and PPA?
Solar leasing and PPAs are the most popular options for households. A third-party solar financing company like Sunrun buys and takes care of the solar panels and battery. You simply lock in a low monthly rate for your electricity or equipment while skipping the upfront cost and maintenance.
What’s the difference between a solar lease and PPA?
You’ll likely have seen the terms “solar lease” and “PPA” used interchangeably, and that’s because their functions and benefits are similar.5 The main difference between the two is what you’re paying for—a solar lease allows you to rent the solar system itself for a fixed monthly rate, while a solar PPA involves purchasing the solar power the solar system produces at a set per kilowatt hour price. This price is usually less than your local utility rate.6
Ultimately, the benefits to both solar leases and PPAs are the same—you’ll have the option to enjoy clean energy at low rates without paying for and maintaining a solar system. See our Sunrun Guarantee.
Solar Leasing/PPA Options
At Sunrun, we offer two solar leasing/PPA plans:
BrightSave Monthly: For as little as $0 down, you can lock in low rates for 25 years with one simple monthly payment.
BrightSave Prepaid: To secure the best value, BrightSave Prepaid allows you to pay your full lease amount upfront.
What happens if I move?
We know life happens. That’s why we have a service transfer team standing by to make sure your contract is seamlessly passed on from you to the new homeowners. Learn more.
Own a System with a Solar Loan
We also offer options to buy your system outright or with a solar panel loan in Connecticut. While owning a solar system means solar incentives like net metering, property tax exemptions, local solar rebates, and the federal solar tax credit will go directly to you, we highly recommend reviewing the full cost of solar. See Connecticut Solar Incentives.
BrightAdvantage: Finance a solar system for as little as $0 down with a competitive solar loan rate from one of our trusted partners.
BrightBuy: Get full control of your system and enjoy best-in-class panels backed by industry-leading warranties.
Will solar energy increase my home’s value?
A solar system is more than just clean, renewable energy—it may also boost the value of your home. Solar systems have been shown to increase a home’s value by 4.1% on average.7 That’s an extra $20,500 added to a $500,000 home.
Should I lease or finance in Connecticut?
Leasing or financing solar panels in Connecticut will depend on every individual household. But one thing is clear—the benefits of solar in Connecticut go beyond your electric bill. From adding new jobs8 to preserving its pristine landscape, solar is the reliable, renewable and affordable energy solution that hard-working Connecticut households like yours deserve.
Talk to one of our experienced solar advisors to find the plan that best meets your financial and home energy needs. We’re here to help you every step of the way. Get connected with a Sunrun solar advisor today.
Choose And Control Your Home Energy. See if you qualify for solar
Sources
1. https://www.seia.org/state-solar-policy/connecticut-solar
2. http://www.conservationeducation.org/uploads/6/2/0/1/6201942/rps_coaliti...
3. https://www.energysage.com/solar-panels/ct/
4. https://www.homeadvisor.com/cost/cleaning-services/solar-panel-maintenance/
5. https://www.energysage.com/solar/financing/solar-leases-and-solar-ppas/
6. https://www.seia.org/research-resources/solar-power-purchase-agreements
7. http://money.com/money/5642057/home-value-solar-panels/
8. https://www.hartfordbusiness.com/article/ct-sees-slight-uptick-in-solar-...