Is $103,579 to lease a 20.64kw solar system a fair price?
Project Details
Homeowner currently pays roughly $300/mo for electricity with AEP on a budget billing plan. They average 1,500 kWh/mo but usage spikes significantly in winter months due to HVAC issues. They are concerned about utility rate increases but wary of a 25-year lease commitment.
Quote Details
25-year solar lease agreement with production guarantee and maintenance included. - System size: 20.64 kW - Term: 25 years (300 months) - Monthly payment: $269.83 starting year 1 - Annual escalator: 1.99% - Total payments over lease term: $103,578.84 - $0 due at signing, installation, or inspection - Includes maintenance and repair responsibility by the provider
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More Details
Category
Solar
Price
$103,579
Quote Date
June 7, 2026
Location
West Virginia
System Size (kW)
20.64
Warranty (yrs)
25
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