Should You Buy Or Lease Your Solar System?
We're On Call 24/7
Mon – Fri 7:00am to 4:00pm
Get a Quote On Our Services
There are two ways to get solar. Buy it yourself or rent it from a solar company. The biggest thing to consider when deciding between buying and leasing is who gets the tax credit and the NV Energy rebate. Since they can be worth thousands of dollars, this should be something you carefully consider.
- Zero out of pocket cost
- Lower starting price per kWh than NV Energy
- Warranty & Maintenance is usually included at zero cost because you do not own the system, they do.
- Transferable at home sale
- The Solar company gets the tax credit, not you!
- No control over panel or inverter type
- You could pay MORE for power than the power company charges in a few years if you have an annual increase (usually 1-3%) in your contract.
- Can slow down or stop a home sale as some people do not want to assume a lease
- System cannot be moved out of NV Energy service territory
- You may pay a substantial early termination fee to remove panels before the term is up
- You get to keep the tax credit
- Price per kWh is set for the life of the system and can NEVER change
- Full Warranty from the manufacturer and the installer
- Increased resale value and no hassle transfer
- Full control over panel and inverter type
- System can be moved anywhere you move
- No early termination fees
- Guaranteed return on investment as high as 8-10%
- Cash price is the cheapest with many affordable zero or low money down financing options available
- You must pay cash or finance the purchase
- A down payment may be required
Unless you cannot use the tax credit because you are no longer working and do not pay federal income taxes, you should buy your system not lease it. We offer low rate financing options for customers with good credit.
Get a quote on buying a solar system today.
Add resale value to your home | Keep your tax credit | Pay Less for something you are going to buy anyway | Leave a clean legacy for your family
Explore more reason to go solar.
In NV, state law mandates that all solar installers offer a 10 year workmanship and roof penetration warranty. When you go solar, your roof warranty is voided, so this backstops and guarantees that you are protected. That leads to a question. If another company is...
Robco's operations in all divisions (Solar, Low Voltage, Commercial Electrical and Service Electrical) are still operating with appropriate precautions in light of the COVID-19 outbreak. We fall under construction as an essential business. If you are interested in a...
Downloading your power bill from NV Energy is easy! Just log in and follow these easy steps. Step 1: Log into your account at NV Energy. You'll need your user ID and password. If you do not have an account, you'll need to create one by choosing "Register a New...
Getting an Electric Vehicle? How many more solar panels will you need? How exciting! You've decided to buy an electric vehicle. You are going to love the silent, clean ride! So, how much more solar will you need to charge it? Well, that depends on how big your new...
Have you noticed that your Enlighten is no longer showing data? Your Envoy may need to be reset or reconnected to your wi-fi network. Click the link below for step-by-step instructions to get it talking again. https://enphase.com/en-us/support/envoy-offline If you...
There is a great neighborhood specific app called Nextdoor. It let's you chat with verified neighbors within about 2 miles of your home. Only the people who live in the area can see your neighborhood posts. Nextdoor just added the ability to recommend a business and...
At Robco, we believe in reducing demand as much as you can so that you can buy less equipment and get more offset from your system. This week we had a few conversations with customers about energy efficiency. They had older homes and pretty big power bills. Instead of...
When we look at a rooftop for solar, the goal is to replace as much of the customer's current power use with solar as we can. However, all installers must obey certain rules when designing solar PV systems. One of the most important considerations in design is to...
We had an incredible opportunity to help keep our first responders safe today. Captain Williamson with the Clark County Fire Department is having solar installed by Robco. He invited every Fire Captain and Battalion Chief in CCFD to come out to the install to...