SunRun, a San Francisco-based provider of residential solar electricity, has introduced the SunRun Power Plan and SunRun Total Solar – two new payment options designed to make residential solar more accessible to homeowners.
The SunRun Power Plan allows homeowners to pay as little as $2,000 up front for solar service, with financing options available. Following the initial payment, the homeowner enjoys a fixed, low rate for his/her solar electricity.
SunRun Total Solar allows customers to pay for their solar electricity entirely up front. Homeowners often choose this option over purchasing a system because they don't want to deal with the hassles of ownership and maintenance, the company says. SunRun Total Solar also allows customers to get the value of the Federal Incentive Tax Credit (ITC) immediately, rather than waiting up to 12 months or more to receive it.