What is the difference between PurePower and SolarLease financing?
Based on your state of residence and utility provider, SolarCity’s residential financing offering is either a lease (SolarLease) or a Power Purchase Agreement (PurePower). Both types of financing are offered directly from SolarCity and both let you get started with zero upfront cost. Both financing plans are commonly used in the solar industry. With PurePower, you pay a pre-set rate—purely for the power your solar system generates. With a lease, you pay a steady fixed monthly payment. One easy-to-understand comparison is to car rental agreements. SolarLease is like renting a car with unlimited mileage. PurePower is like paying for only the actual miles driven.
