Solar energy financing

Solar energy financing involves methods to pay for installing solar panels without covering the full cost upfront. Common options include loans, where you borrow money and pay it back over time; leases, where a company owns the system and you pay a monthly fee; and power purchase agreements (PPAs), where you buy the electricity generated at a set rate. These approaches make solar more affordable by spreading out costs, often reducing energy bills and providing long-term savings. The goal is to enable easier access to renewable energy without large initial investments.