US Power adds $0-down EnFin Solar Lease for homeowners

US Power has added EnFin Solar Lease financing across its current markets, giving homeowners a way to install solar with no upfront payment and no system ownership. The 25-year lease shifts ownership, maintenance and tax incentives to EnFin while customers pay a fixed monthly rate for the power their system produces.

Why it matters: - The EnFin Solar Lease lowers the upfront cost barrier for homeowners who want solar but do not want to buy a system. - The structure also shifts ownership, monitoring and repair responsibility away from the homeowner for the full 25-year term. - The financing option expands US Power's menu of solar payment choices at a time when affordability remains a key hurdle in residential solar adoption.

What happened: - US Power announced that it has added the EnFin Solar Lease, a $0-down financing option from EnFin, to its offerings. - The lease is now available alongside US Power's existing loan and cash-purchase options across all current markets. - Homeowners can schedule a free consultation at uspowersolar.com to review lease eligibility.

The details: - EnFin owns the solar system under the lease. - The homeowner pays a fixed monthly rate for the electricity the system produces. - No deposit or upfront payment is required to activate the system. - The first payment is due 30 days after the system is placed in service. - EnFin's agreements include a 0%, 2.99% or 3.5% annual escalator disclosed at signing. - Omnidian monitors every leased system as EnFin's third-party partner. - If remote troubleshooting does not solve a problem, a technician is dispatched. - EnFin covers repairs, whether warrantied or not, at no additional cost to the homeowner for the life of the 25-year agreement. - At the end of the 25-year term, homeowners can buy out the system, renew the agreement or have EnFin remove it at no cost. - Because EnFin retains ownership, the federal and state tax credits and incentives go to EnFin, not the homeowner. - US Power says it explains that trade-off to customers alongside its loan and cash-purchase options.

Between the lines: - The lease is designed for customers who want monthly savings without making an upfront capital commitment. - The ownership structure favors lower entry cost over retaining tax benefits. - Erik Sords, senior energy consultant at US Power, said the company makes sure customers understand what they are trading for the lower upfront price. - EnFin is backed by Qcells, the No. 1 U.S. solar panel manufacturer by market share, and uses a nationwide network of partner installers.

What's next: - US Power will continue offering the EnFin Solar Lease in its current markets. - Homeowners considering the lease can review eligibility and financing terms during a consultation with a US Power energy consultant. - The 25-year agreement gives customers a long-term path that ends in buyout, renewal or removal.