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Benefits of Leasing through a BrightGrid Lease

Though switching to solar energy is a bright move in and of itself, there are ways to potentially make your decision an even smarter one – consider leasing instead of buying a solar energy system. The BrightGrid Lease can provide you with many of the same benefits you receive from owning a solar energy system, while limiting your immediate capital expense and giving you a buyout option in the future. Potential benefits of leasing your system through a BrightGrid Lease include:

Upfront savings: The BrightGrid Lease lets you avoid the upfront expense and burden of buying the system outright, and allows you to put your money towards other things.

Preserve your credit lines: Leasing through BrightGrid allows you to finance the solar energy system without having to exhaust your existing credit lines or seek a home equity loan.

Take control of your monthly utility bill: A solar energy system can help you save on your monthly utility bill. Power generated through the solar energy system will replace a significant portion of your energy needs, and will immediately lower your grid dependence and your monthly utility bill. With a typical BrightGrid Lease, your annual lease payments will be lower than or equal to what you save on your utility bill. Over the years, your new utility bill and your BrightGrid Lease payments, combined, should be equal to or less than your old utility bills.*

What’s more is that the BrightGrid Lease allows you to lock-in what you pay for a large portion of your future electricity usage, today. How’s that for taking control of your utility bill.

Pay as you go: The BrightGrid Lease brings your usage and your expenses in line. You pay for the solar energy system over time as you derive benefits from it, and as you save on your monthly utility bill.

Flexibility and options: Leasing with BrightGrid provides you with options along the way. You retain the ability to purchase the solar energy system at a specific point during the lease term. At the end of the lease term, you decide whether you want to return or purchase the solar energy equipment. It's your call.

Simplicity in billing: Utility company pricing is complex and varies by season, day of the week and time of day. You shouldn’t have to look at your watch when you flip a light switch. The tiered nature of the utility tariff in California also means that as you use more, you pay a higher price for your electricity. The BrightGrid Lease gives you simple, transparent and easy to track payments.

Ongoing Solar Energy Monitoring: By choosing BrightGrid, you gain access to our state of the art monitoring system, with 24-7 online access from anywhere to monitor your system’s production and to give you a sense of how much money and carbon you’re saving. Active monitoring also gives you the opportunity to plan your electricity usage around system production.

Our partners: BrightGrid partners with leading solar energy system installers who strive to maintain long-term relationships with our customers. From the start, through the installation process, and on an ongoing basis, our affiliate installers will be by your side to ensure that you remain satisfied with your decision to go solar.

* Based on estimated monthly payments on a typical BrightGrid Lease. Actual savings on utility bills can vary significantly based on region, utility company, consumption level, solar energy system, and specific lease payments. Future utility bill estimates are based on average historical growth in electricity prices.