Leasing of solar PV systems
Home solar systems on average earn themselves back in less than 10 years but have a technical lifespan of 30 years or more. That means 20 years of free electricity against future electricity prices.
In addition a home solar system for an average household can save more than 2 ton CO2 per year. Still globally the penetration of home solar systems is below 1%. The three barriers for mass conversion of home solar in our view are: cost, hassle and risk.
Solease solves these three problems by leasing solar systems in the same way as you would lease a car. They buy, install, finance and insure the system and are also responsible for monitoring and repair. All at a monthly cost that from day 1 is lower than electricity price charged by the utility.