Solar Financing 2026

The federal tax credit
is gone. Solar still
makes sense. Here's why.

The 30% federal residential solar tax credit expired December 31, 2025. But lease and PPA programs still access the commercial ITC - and pass those savings to you. Sol Country explains every option.

Before you sign - 10 questions to ask your installer →

$0Down with LightReach lease
6-12 yrTypical payback 2026
$130/moLightReach starting payment
What changed December 31, 2025

The credit expired.
The savings didn't.

The Section 25D federal residential solar tax credit - which gave homeowners 30% off their solar installation - expired on December 31, 2025. This affects homeowners who purchase their own system with cash or a loan.

It does not affect lease programs (Palmetto LightReach), PPAs (Power Purchase Agreements), community solar subscriptions, or balcony solar kits. Lease and PPA providers still own the systems and claim the commercial ITC - passing those savings to you through lower monthly payments.

Affected by expiration
  • Cash purchase of rooftop solar
  • Solar loan (homeowner-owned)
  • DIY solar installations
Not affected
  • Lease programs (LightReach)
  • Power Purchase Agreements
  • Community solar subscriptions
  • Balcony solar kits
  • Battery storage (separate credit)
  • Heat pump HEAR rebates

Many states still offer solar tax credits independent of the federal program. Colorado, Maryland, and Massachusetts all have active state incentives. Sol Country checks your state's credits automatically in Find My Power.

What happened to the 30% solar tax credit - and what it means for how you finance

The Section 25D Residential Clean Energy Credit - the 30% federal tax credit that made buying solar attractive for over a decade - was permanently terminated by the One Big Beautiful Bill Act, signed July 4, 2025. It does not apply to any solar system placed in service after December 31, 2025.

If your installer, a solar sales representative, or any website tells you that you can claim a 30% federal tax credit on a solar system you install in 2026, that is incorrect. Verify with a licensed tax professional before making any financial decision based on federal solar credits.

What still exists
  • Section 48E commercial investment tax credit: still active through 2032 for third-party owned systems (leases and PPAs). The benefit flows to the leasing company, not you directly - but can result in lower monthly lease payments.
  • State tax credits: Colorado, and some other states, have their own state-level solar tax credits that are separate from the federal credit and were not affected by the OBBBA. Check your state's specific program.
Energy Community bonus — if you're in a qualifying area

Approximately 25-30% of US census tracts are designated as "Energy Communities" by the IRS — former coal, oil, gas, or industrial areas. In these areas the commercial investment tax credit that leasing companies use increases from 30% to 40%.

If you're considering a solar lease or PPA and you live in a former coal or industrial community, ask your installer specifically about the Energy Community bonus — leasing companies in these areas receive a higher credit which often translates to better rates for you.

Check whether your address qualifies at energycommunities.gov.

Domestic Manufacturing Requirement — Ask Before Signing

Solar lease and PPA companies claiming the 48E commercial investment tax credit must comply with new domestic manufacturing requirements that took effect January 1, 2026. The federal government has not yet issued final guidance on exactly which components and percentages are required to be domestic vs foreign-manufactured.

Before signing any solar lease or PPA, ask your leasing company:

“How are you handling the domestic content requirement for the 48E credit? Does your equipment currently qualify?”

If they cannot answer clearly, that is a red flag. The answer affects whether they actually receive the tax credit — and whether their promised lease rate is financially sustainable.

Source: EnergySage, January 2026; Insurance Journal, January 2026.

Financing options - honest 2026 ranking
Cash purchase

Highest long-term return. No monthly payment. No interest cost. No federal tax credit in 2026. Best for homeowners with the cash available who plan to stay in their home long-term.

Solar loan

Monthly payment but you own the system. Loan interest offsets some savings. No federal tax credit in 2026. Best for homeowners who want ownership without tying up cash.

Solar lease

Fixed monthly payment, leasing company owns the system. May benefit from leasing company's 48E tax credit passed through as lower payments. No ownership stake. Best for homeowners who want predictable low payments and are not concerned with ownership.

Power Purchase Agreement (PPA)

Pay per kWh generated. Variable monthly cost. Same 48E advantage as lease. Best for homeowners where savings certainty matters less than starting costs.

Watch out for outdated information

Many solar installers and websites still describe the 30% federal tax credit as if it is available in 2026. It is not - it was terminated effective December 31, 2025. If you received a solar quote that includes the 30% federal credit as part of the payback calculation for a 2026 installation, ask the installer to provide the quote without that credit. Sol Country is not a tax advisor - verify any tax credit claim with a licensed CPA before signing a contract.

Your options in 2026

Loan. Lease. PPA.
Which is right for you?

Three ways to go solar in 2026. Each has different upfront costs, long-term value, and flexibility. Sol Country breaks down the honest math on all three.

Solar LoanCash PurchaseLease (LightReach)PPA
Upfront cost$0 down$15,000-25,000$0 down$0 down
Federal tax creditNo (expired 12/31/25)No (expired 12/31/25)Provider claims - passed to youProvider claims - passed to you
Monthly payment$80-150/mo typicalNone~$89-130/mo (LightReach)Per kWh produced
Long-term savingsHighestHighestModerateModerate
System ownershipYou own itYou own itProvider ownsProvider owns
FlexibilityTransfer with houseTransfer with houseTransfer or buyoutTransfer or buyout
Best forHomeowners building equityBest long-term ROI buyersWant $0 down + no riskPay per production model
Sol Country recommendations

The best solar financing
options in 2026.

SOL COUNTRY PICK - $0 DOWN
PALMETTO LIGHTREACH
Solar lease - $0 upfront
LightReach is the leading $0-down solar lease program in 2026. Palmetto owns the system and claims the commercial ITC - passing those savings through as lower monthly payments. Payments start around $130/mo. No maintenance responsibility. Transfer to new owner when you sell.
Down payment$0
Monthly from~$130
Tax creditPassed to you
Term25 years
BuyoutAvailable
States30+ states
Partner approval pending
GOODLEAP SOLAR LOAN
Own your system · best long-term value
America's largest solar lender. Fixed rates from 2.99%. Pre-qualify in 2 minutes with no hard credit pull. You own the system - no monthly lease payment forever after payoff.
Down payment$0
Rate from2.99% APR
Terms5-25 years
Pre-qualifyNo hard pull
StatesAll 50
Partner approval pending
MOSAIC SOLAR LOAN
Solar financing specialist
Mosaic specializes exclusively in clean energy financing. Strong rates for Colorado and California customers. Good option if Goodleap is not available in your area.
Rate from3.99% APR
States30+
SpecialtySolar + storage only
Partner approval pending
GREENSKY HOME IMPROVEMENT
For heat pumps + batteries + solar
GreenSky finances the full home energy upgrade - solar, battery, heat pump, and EV charger in one loan. Useful when you're doing multiple upgrades at once and want one monthly payment.
ProductsSolar + battery + heat pump + EV
One loanAll upgrades combined
SpecialtyFull home energy stack
Partner approval pending
Run the numbers

Does solar still make sense
without the tax credit?

Short answer: yes - especially in high-rate states. Use this calculator to see your break-even point with and without the credit.

8 kW
$3.25
$180
$0.18/kWh
2026 - Without credit
System cost$26,000
10-yr electricity savings$23,111
Payback (cash)12.9 yr
Payback (loan)11.8 yr
30-yr net savings$69,912
2025 - With 30% credit
Net cost$18,200
Payback (cash)9.0 yr
Annual bill today$2,160

Difference: 3.9 more years to payback without the credit. A $0-down lease avoids this entirely - no upfront cost, provider takes the credit.

Common questions

Loan vs lease vs PPA.
And what the credit change means.

Honest answers to the questions homeowners are asking Sol Country most in 2026.

What's the difference between a solar loan, lease, and PPA?+
A solar loan means you own the system - you borrow the install cost, pay it back monthly, and keep 100% of the electricity savings. A lease means the provider owns the system on your roof and you pay a fixed monthly amount to use it. A PPA (Power Purchase Agreement) is similar to a lease, but you pay per kWh the system produces instead of a flat monthly fee. Loans give you the highest long-term savings. Leases and PPAs give you $0 down and zero maintenance responsibility.
Did the federal solar tax credit really expire on December 31, 2025?+
If the credit expired, why do leases and PPAs still pass savings to me?+
Does solar still make financial sense without the 30% credit?+
How does the credit change affect community solar and balcony solar?+
Are state solar tax credits also expiring?+
Which is better for me: lease or loan?+
What happens to my lease if I sell the house?+
Next steps

Get your financing
options in 30 seconds.

Find My Power checks your address, your utility rate, and your state's available incentives - then shows you which financing option makes the most sense for your situation.

Find My Power →Run the calculator →
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What incentives remain →
Sol Country is not a lender
Sol Country provides information and referrals to financing partners. We are not a lender and do not make credit decisions. Rates and terms shown are estimates - actual offers depend on your creditworthiness and system specifications. Sol Country earns a commission on funded loans at no cost to you.
By The Sol Country Team·Last reviewed: July 2026·Editorial standards
Sources

Primary sources for this article

Sol Country reviews these sources on a rolling basis. See our editorial standards for how we source and update data.