Purchasing Solar - Cash, Lease and Financing
Tesla has three payment types to help meet your needs. You can change your payment type until installation begins.
| Tesla Financing | Lease | Cash Purchase | |
|---|---|---|---|
| Cash Due |
$0 down payment1 First payment due 35 calendar days after products receive permission to operate (PTO) Payments thereafter due on the monthly payment anniversary of first payment |
$600 down payment | Full cost due at inspection |
| System Ownership | Yes | No | Yes |
| Investment Tax Credit |
Yes Learn More |
Indirectly Learn More |
Yes Learn More |
| Maintenance | 10-year comprehensive and 25-year panel performance warranty | Covered by Tesla | 10-year comprehensive and 25-year panel performance warranty |
Purchasing Solar with Cash
Purchasing Tesla solar panels with cash is the quickest and easiest option, and gives you complete ownership of your solar energy system. When you place an order, you can see your estimated purchase price based on your selected system details.
Purchasing Solar with Tesla Financing
Tesla Financing enables you to purchase your solar energy system without paying all costs upfront.
When you place an order, you can see your estimated purchase price, broken down into a down payment and estimated monthly payments based on your selected system details. Often, with solar, your overall monthly energy expenses will be lower, resulting in immediate savings after installing your system — and you’ll be saving more every month if electricity costs rise. After your financing term ends, the energy from your system can continue to reduce your electricity bill, resulting in long-term value.
If you choose to sell your home, Tesla will assist in arranging the payoff of your balance with the sale of the home, and will transfer the paid-off system to the new homeowner.
Leasing with Tesla
Leasing with Tesla is the lowest-cost way to go solar. You pay a fixed monthly fee for a system that Tesla installs, owns and services. The lease is designed for customers who want predictable payments, limited service responsibility and the flexibility to buy later.
1 $0 down payment assumes borrower has excellent credit. All contracts require a $1,000 progress payment towards your total system cost at the time you finalize your system design.