Payment Options

At Referral Solar company Portland we work with you to achieve your energy goals on a financial plan that fits your budget. We offer various payment options to help you convert to solar energy – whether you want to lease or purchase solar panels.

Cash Purchases

Cash purchases are becoming increasingly popular as the cost of solar continues to lower.  These are simple “you write a check – we install solar” transactions.  While the terms of the agreement offer mutual protections, they are as simple as hiring and paying a contractor to perform any kind of work on your home.  Acquiring solar with a cash purchase is an excellent option for those who look to be in their home for at least five years.

Cash Financing

Cash Financing is similar to a cash purchase with the addition of an unsecured loan to help manage the cash flows.  The market is filled with excellent cash financing options for homeowners.  These are credit score based rates and terms and are very competitive with, and often superior to, any of the lease or power purchase agreements options on the market.  Competitive cash financing programs can get your solar payments down to as low as $50/ month and still save you money.  Be sure to ask your Referral Solar agent for your best cash financing options.


Leasing solar has become very popular in the last few years and is partly responsible for the recent surge in solar adoption.  In the past, when solar costs were significantly higher, leasing was an excellent method to pay a flat monthly fee for the solar system and its related power output.  The system is owned by the financing company who agrees to maintain the system for the duration of the agreement, which is usually 20 years. The option still exists today for customers with excellent credit and the desire to not own the system on their roof or property.

Power Purchase Agreements

Power Purchase Agreements are very similar to leases.  This method of implementing solar occurs when the homeowner agrees to have a solar system installed on their roof or property and agrees to pay for the electricity the system generates.  The system is owned by the financing company, who agrees to maintain the system for the duration of the agreement – usually 20 years.