Lela Homelife Logo

Flexible Solar Financing Options

We offer multiple ways to finance your solar project, making it easier than ever to switch to clean energy.

Our Financing Solutions

Find the perfect payment option for your budget and goals.

Power Purchase Agreement (PPA)

A PPA allows you to purchase the power generated by the solar system installed on your property at a rate lower than your utility, without owning the system itself.

  • No upfront costs or investment required
  • Immediate savings on your electricity bill
  • No maintenance responsibilities - we handle everything
  • Available for both residential and commercial properties
  • Predictable energy rates for 20-25 years
Power Purchase Agreement - Solar panels on residential roof
Solar Loans - Home with solar installation

Solar Loans

Own your solar system with little to no money down through our flexible solar loan options, designed for both residential and commercial customers.

  • Low or zero down payment options available
  • Competitive interest rates and flexible terms
  • You own the system and receive all tax benefits and incentives
  • Monthly loan payments often less than current electric bill
  • Increase your property value

Solar Lease

Lease a solar system with fixed monthly payments, allowing you to go solar with no upfront costs while reducing your electricity bills.

  • Zero upfront investment
  • Fixed monthly payments for the lease term
  • Maintenance and monitoring included
  • Option to purchase the system at the end of the lease
  • Ideal for those who want predictable payments
Solar Lease - Home with solar panels
Cash Purchase - Solar installation on residential home

Cash Purchase

Maximize your long-term savings by purchasing your solar system outright with a one-time payment.

  • Highest long-term return on investment
  • Full ownership of the system from day one
  • Claim all available tax credits and incentives
  • No monthly payments or interest
  • Increase your property value immediately

Financing Comparison

Compare our financing options to find the best fit for your needs.

FeaturePPASolar LoanSolar LeaseCash Purchase
Upfront Cost$0$0-Low$0Full System Cost
System OwnershipNoYesNo (option to buy)Yes
Maintenance ResponsibilityProviderOwnerProviderOwner
Tax BenefitsProviderOwnerProviderOwner
Long-term SavingsGoodBetterGoodBest
Term Length25 years5-30 years25 yearsN/A

Available Incentives

Take advantage of these incentives to make your solar investment even more affordable.

Federal Investment Tax Credit (ITC)

The federal government offers a tax credit for a percentage of your solar system cost. Currently, the ITC allows you to deduct 30% of the cost of installing a solar energy system from your federal taxes.

Massachusetts SMART Program

The Solar Massachusetts Renewable Target (SMART) program provides fixed rate incentives for solar energy systems. This program offers payments directly to solar owners based on the system's production for 10 years.

Net Metering

Massachusetts offers net metering, which allows you to receive credits on your utility bill for excess electricity your solar system generates and feeds back to the grid.

Property Tax Exemption

Massachusetts provides a property tax exemption for solar energy systems. This means the added value to your property from installing solar panels is exempt from property taxes for 20 years.

Sales Tax Exemption

Massachusetts offers a sales tax exemption on solar energy equipment, which means you don't have to pay state sales tax on your solar purchase, saving you additional money.

Commercial Depreciation (MACRS)

Businesses can take advantage of the Modified Accelerated Cost Recovery System (MACRS), which allows for accelerated depreciation of solar assets, providing significant tax benefits for commercial installations.

Frequently Asked Questions

Find answers to common questions about solar energy and our services.

Ready for a Complete Energy Solution?

From solar installation to roofing, electrical, and tree services - we handle everything you need for a seamless transition to clean energy.