Leasing allows consumers to “rent” the renewable energy system for a set period of time with no money down. Generally, consumers pay a fixed monthly rate no matter how much energy the system produces each month. The monthly rate may increase each year. Be sure to read the contract carefully before signing.
In South Carolina, leasing companies must be certified before entering business. The South Carolina Office of Regulatory Staff (ORS) certifies and maintains a list of certified leasing companies. Ensure the leasing company is certified in South Carolina before entering a contract.