Free Solar

Zero Down and Low Fixed Monthly Payments

Designed specifically for residential customers, C-TEC Solar offers qualifying, moderate-income homeowners the affordability of no down payment and the lowest possible fixed monthly cost — less than $120 per month for a typical 5 kW solar energy system!

Our innovative and flexible lease programs combine available solar rebates with business tax benefits for solar energy. Plus, we offer financing options.

Call 1-888-52-SOLAR or contact us today.

For commercial customers, C-TEC offers attractive PPA (Purchase Power) agreements with no money out of pocket. Click here to learn more.

Here are some frequently asked questions about C-TEC Leasing:

What are the Advantages and Details of Leasing a Solar PV System?

Our lease program provides a great opportunity to add a state-of-the-art solar system to your home without the upfront costs of ownership. The lease will provide for a low-cost lease payment at a discounted rate at or below your current electric bill fixed for the first 20 years at which time you have the option to extend the lease of an additional five (5) years at a reduced cost.

Who is Responsible for Repairs and Maintenance of the System During the Period of the Lease?

Similar to a car lease, the homeowner is responsible for paying all repairs and maintenance for the duration of the lease, including insurance. However, C-TEC will warranty labor for the system for a full five (5) years. In addition, manufacturer warranties are required for modules (20 years minimum) and inverters (five (5) years minimum). 


What Kind of Expenses Should I Expect From My System in the First 10 Years?

Since this is a solar lease/PPA, there are no maintenance costs to you.

Can I Pre-Pay My Lease?

If you choose, you can pre-pay your lease up front creating a bigger discount.  You may also choose to pay off months remaining during the lease. At this point you are entitled to use the system without additional lease costs until the end of the initial 20-year lease term.


What are My Options at the End of the 20-Year Lease Term?

At the end of the initial lease term, you can: 1) extend the lease for an additional five (5) years at a significantly reduced monthly payment; 2) purchase the system at the then fair market value; or 3) remove the system at your own expense and return it to C-TEC Solar. You can also choose to upgrade to the latest technology. 


If I Decide to Sell My House, What Will Happen with My Lease Payments?

The new homeowner, subject to their credit qualification, can simply assume the lease. There are no income restrictions on who may purchase your home or assume the lease.

Can I Cancel My Lease?

In accordance with Federal and Connecticut law, the lease is can only be cancelled within three (3) days of signing the lease document. After the expiration of the three-day period, the lease may not be cancelled. 


Is it Possible to Consolidate Lease Payments with Mortgage Payments?

No. The system is owned by C-TEC Solar Financing and, therefore, is not eligible to be rolled into mortgage payments. 


How Do I Make Monthly Payments?

For convenience and to keep lease costs low, we offer a $10 discount monthly for automatic payment from your checking account. The monthly payment will be electronically deducted from your account on your lease due date. If you choose to not have automatic payment, there will be no discount. 


How do the Renewable Energy Certificates (RECs) Produced by My Solar PV System Help Me?

A REC represents proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy source, such as a solar PV system. These renewable energy certificates may have tradable value in the marketplace. C-TEC Solar owns the RECs as the system owner and will collect these RECs to provide additional benefits to the homeowner through our “Solar Credits” program. As long as the lease is in compliance, C-TEC Solar will use a portion of the proceeds from the sale of the RECs to provide the homeowner with a reserve for future significant operating costs of the system (such as inverter replacement or out-of-warranty repairs). The “Solar Credits” program will account for the REC value earned by each system and report the data so you know how much is available to you. At the end of the lease term, the dollar amount that remains in your “Solar Credits” account can be used toward the purchase or removal of the system. 


Property Tax Exemption - Does it Apply for the Lease Option?

The lessee of a solar system does not have to pay property tax on their solar system. For solar systems installed on or after October 1, 2007 the Connecticut General Statutes exempts property tax for any solar system installed for the generation of electricity for private residential use, provided such installation is for a single-family dwelling or multi-family dwelling consisting of two to four units. This exemption applies to the solar system regardless of who owns the system. 


Is There Any Sales Tax on the Lease of Solar Equipment?

No. The Connecticut General Statutes provide an exemption from sales tax for the sale or lease of "solar energy electricity generating systems," which is defined in part as systems or equipment utilizing solar energy to produce electricity at any private residential location. Because a solar system is considered a "solar energy electricity generating system," the leasing of solar systems is exempt from sales tax. 


Will I be Able to Claim an Income Tax Credit for this System when I Sign the Lease Agreement?

No. Since the leasing provider owns the system, it is allowed to take advantage of expanded business tax incentives that are not presently available to Connecticut homeowners. This is one of the major benefits of the C-TEC Solar Lease Program — the value of these incentives effectively reduces the monthly cost for the homeowner’s solar lease. 


Suppose I Decide to Rent My House, Who Pays the Lease Payments?

The homeowner who signs the lease agreement is legally responsible for paying the lease payments in a timely matter. You may choose to take the leasing cost into consideration when determining the rent.

If I Decide to Remove the System from My House, Can I do it Myself?

No. You need to contact an eligible installer to remove the system for you. The system should be returned to C-TEC Solar undamaged.