Some companies offer "no (or low) money down" solar PV systems to customers.

In this type of an arrangement there are either no, or low, up-front costs to the customer in order to install the solar system. Generally, under this type of arrangement, the customer will pay off the cost of the system slowly over time using the revenues from the electricity that is generated. Some solar vendors will also pay you an agreed upon annual sum for as long as you are paying off the cost of the system.

Generally, solar vendors will allow customers to pay off the solar system early in one lump sum payment and take immediate ownership of the equipment, should they wish. Ask your solar vendor if this is an option when you are doing your research.

This type of ownership option is most common in jurisdictions that have long-term contracts for solar, such the microFIT Program in Ontario. For more information on the Ontario microFIT Program, please see Section 4.1.1. below.