Cash vs. Loan vs. PPA

From start to finish, you’ll experience the Aurora difference. Power your home or business with purchasing options from Aurora Energy.

Cash

Do you want to pay for your entire system upfront? You’ll be able to reap the savings of having little to no electric costs right out of the gate! Purchase your new solar system with cash or a home equity line of credit. Not only will you see an immediate decrease in your monthly energy costs, you’ll also see an increase in the value of your home.

Loans

Loans are by far the most common method of paying for a new solar system for your home or business because there are no upfront costs. Aurora Energy will design your customized solar system. Then, your solar consultant will show you various loan options that will assist you in your purchase. In almost every case, your monthly payment will be less than what you’re paying for electricity now. Your payment will stay the same—even when electric rates go up in the future.

PPA

A Power Purchase Agreement (PPA) is a popular method of setting up a solar energy solution for your home or business. You receive the immediate benefit of solar installation, without the ownership investment. Leasing the equipment needed for solar energy, you then purchase power back from us for a much lower cost than you’re paying your utility company now. You’ll save money every single month. Ask your solar consultant if a PPA is the right choice for you.

Do you want to learn more about solar?

Reach out to one of our expert staff members to learn more about how you can save money with solar.

How to Finance Solar Panels
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