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Homebuyer seeks advice after discovering 'terrible' stipulation attached to newly acquired home: 'Been a nightmare to deal with'

"If you can figure out the early buy-out price of the system and can afford it, I'd strongly recommend doing that."

Leasing panels is a great way to save money and reduce your environmental footprint.

Photo Credit: iStock

An exasperated homeowner reached out to Reddit for advice after dealing with a frustrating solar leasing company. 

The original poster explained that they purchased a home with an existing solar lease.

"I bought a new home that has a (terrible) solar lease on it," the OP wrote. "[SunStrong Management] has already been a nightmare to deal with."

However, despite their efforts to transfer the lease to their name, the company has been making it incredibly difficult for the OP. Worried they would be charged late payments, they asked Reddit for advice on navigating the account transfer.


"If you can figure out the early buy-out price of the system and can afford it, I'd strongly recommend doing that," one user suggested.

While this Redditor found it difficult to transfer a solar leasing account to a new owner, leasing panels is still a great way to protect yourself against rising energy costs and reduce your environmental footprint. After switching to solar power, you can save money on your utility bills while decreasing your home's pollution output. 

If you're researching solar options for your home, TCD's Solar Explorer is a great place to start. You will not only receive concierge-level service but will also connect with trusted partners that can guide you to the best solar options within your budget. 

By providing bids from vetted installers and partners in your area, TCD's Solar Explorer can save you up to $10,000 on solar installation costs. One of those trusted partners is Palmetto. Its LightReach program lets you lease solar panels at a subscription rate that can cut your utility bills by 20%. If you decide to lease instead of purchase panels, you can still take advantage of certain federal tax credits via lower rates, saving even more money down the line. 

FROM OUR PARTNER

Save $10,000 on solar panels — or get them on your roof without paying for purchase or installation

Whatever your solar budget, Palmetto can help you save.

If you want to buy your own panels, Palmetto's concierge advisors can help you save up to $10,000 on installation through a network of preferred installers. And if you'd rather get solar savings without upfront costs, Palmetto's revolutionary LightReach subscription program can deliver.

LightReach lets you lease solar panels with no money down, making it painless to lock in long-term savings. Palmetto covers a 25-year warranty for the panels, which means you'll get reliable performance without unforeseen costs.

To get started, just answer a few basic questions about your home and connect with Palmetto's experts to find the option that's right for you.

For homeowners looking to purchase a solar system instead of leasing panels, TCD's Solar Explorer has vetted partners, such as EnergySage, who can help you navigate the process of going solar and walk you through available incentives. 

After adding solar energy to your home — whether through leasing or purchasing panels — you open your house up to even more savings. Pairing electric appliances such as an energy-efficient heat pump with your solar panels can further reduce your utility bills. 

If you're looking to upgrade your old HVAC system, TCD's HVAC Explorer can help you find the best option for your home. As you continue to make eco-friendly updates to your home, unlock additional savings of up to $5,000 thanks to the free Palmetto Home app

What's the biggest factor preventing you from investing in solar power?

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Click your choice to see results and speak your mind.

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