SolarCity, California's No. 1 residential solar power company, today announced one of the nation's most affordable solar power financing options for San Francisco residents. SolarCity's SolarLease options incorporate incentives from San Francisco's groundbreaking GoSolarSF program, and can allow many San Francisco homeowners to use clean, renewable solar power for less than they currently pay for electricity.
For example, SolarCity can provide 2.4 kilowatt systems for monthly lease payments starting at $25 per month for eligible San Francisco installations on approved credit. A 2.4 kilowatt system can typically reduce a $100 monthly electricity bill to $40 in San Francisco. In this example, the $65 cost of the combined lease payment and new electricity bill create a net monthly savings of $35. The lease structure - with fixed lease payments that increase 3.5 (more...)