Should you lease or buy a solar panel?

Should I lease or buy a solar panel is one of the questions in the minds of homeowners. Using the power of renewable energy is very important as it helps you reduce the federal tax liability. There are many aspects to take into account before you decide whether to lease or buy solar panels.

Other than reducing energy bills by about 40%, it can also cut down your taxes. When you install a solar panel, you are going green. Moreover, buying is a great idea for people thinking about going green. On the other hand, leasing is better than buying. This is so, if you do not want to be concern about maintenance responsibilities.