If you have the funds, it's better to buy solar panels rather than lease, which is mostly due to tax credits. The federal government will provide a 30% tax credit for the total cost of the project. which will take a huge chunk off the bill. The sooner solar panels are paid off, the sooner they provide "free" energy. With a lease, you'll get the benefits of reducing your energy bills but not the credits that accompany solar power, and you will typically save less money over time.

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