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Sunpower Lease, Loans

Sunpower Corporation is a solar panel manufacturer and project developer. Through a network of authorized dealers, Sunpower offers loan, lease and power purchase agreements, PPA, to residential and commercial customers in select markets. The programs promise energy cost savings with no money upfront from property owners.

SunPower Loan Features

  • Simple interest, unsecured financing
  • Long term 20-year (you can also pick 5, 10, or 15 year terms for slightly better interest rates)
  • Low rates From 6.99% on 20-year loans (from 4.24% on 5-year loans)
  • No balloon payments
  • No pre-payment penalty
  • No annual escalator
  • One-time principal pay down within 18 months - use the tax credit to lock in a low payment for the term of the loan
  • When it’s paid off, you own the system

SunPower Lease Features

  • No down-payment
  • Low monthly payments
  • SunPower Energy Assurance - performance guaranteed, or your money back
  • Unique early buy-out opportunity if you decide to buy system before end of term
  • Flexible options at end of lease term - renew, buy or return the system
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