Solar
Average Cost: $12,000 - $30,000
PosiGen is an up-and-coming solar installation provider whose primary service is solar leasing programs. The company requires a consultation for specific pricing; however, the average cost for a solar lease is $50 to $200 per month and $12,000 to $30,000 for purchase and installation.
This PosiGen review highlights the company’s mission to make renewable solar energy accessible to more U.S. households. Founded in 2011, PosiGen focuses on underserved communities, primarily offering solar leasing programs that eliminate the high upfront costs associated with purchasing or financing solar panels. The company currently operates in major metropolitan areas across eight states.
This PosiGen review highlights the company’s focus on solar leasing, making solar energy more accessible with no upfront costs or credit requirements. Its savings guarantee and B Corp certification add value, but the leasing-only model and limited availability may not suit homeowners looking to own their system or claim tax incentives. Below are the key pros and cons of PosiGen.
While the company focuses on its solar leasing programs throughout the majority of its marketing, it offers a variety of solar-related services.
PosiGen’s primary service offering is its solar panel leasing program. The company takes care of design, permitting, installation, and maintenance throughout the 20-year lease. No credit score or income minimums are required, making it an attractive option for a variety of households. A performance guarantee is also included — if a home’s electricity costs are more than they were pre-installation, PosiGen will either provide a credit for the difference or include additional energy-saving features at no cost.
The company provides solar panel installation for purchase, either as one upfront payment or through financing options. Purchase and financing options are discussed on a case-by-case basis during a complimentary consultation.
PosiGen’s energy audits are comprehensive home evaluations that identify features and areas that can improve energy efficiency. Most energy audits are completed in two to four hours, after which the representative provides a personalized home energy report with results and recommendations.
For homeowners interested in around-the-clock solar energy, PosiGen also offers solar battery installation for both its leased and for-sale systems. Solar batteries are a backup solution that stores excess energy for use during expense peak billing hours and power outages.
While PosiGen does not publish pricing, the average monthly cost for a solar lease is $50 to $200. A number of factors will affect a homeowner’s monthly cost, including the size of the system, a household’s energy needs, solar storage options, panel manufacturer, and local labor rates. For homeowners who desire to purchase their solar panels, the average installation cost is $16,500 for a 1,500 square foot home.
PosiGen is primarily a solar leasing company; however, it also offers direct purchase and financing options. Specific pricing and loan details are only available through an appointment with a company representative, however Modernize home improvement experts indicate the average cost for solar panel installation is $12,000 to $30,000 after federal tax credits.
Solar panel installation costs vary because each home and household is different. Even so, there are factors that influence solar installation purchase, financing, and leasing costs. Here are the primary things to consider when evaluating PosiGen:
PosiGen allows homeowners to enjoy cost savings and increased energy independence from solar panels without the large upfront costs associated with direct purchase or financing. As owners of the leased system, PosiGen also takes care of the design, installation, insurance, and regular maintenance for many years of worry-free service.
This PosiGen review highlights how the company compares to top solar companies, focusing on affordable solar leasing with no upfront costs. While its savings guarantee and B Corp certification add value, its leasing-only model and limited availability may not suit all homeowners.
PosiGen Solar | Sunrun Solar | Sunnova | Momentum Solar | |
---|---|---|---|---|
Solar Panels | X | X | X | X |
Solar Batteries | X | X | X | X |
Solar Financing | X | X | X | X |
Solar Leasing | X | X | X | |
Power Purchase Agreements | X | X | X | |
Energy Monitoring App | X | X | X | X |
Warranty* | 25 years | 25 years | 25 years | 25 years |
In-House Installers | X* | X |
*Company employs both in-house and independent installers.
Sunrun is one of the country’s leading home solar providers and offers services in 17 states, Washington, D.C. and Puerto Rico. Similar to PosiGen, Sunrun offers solar purchase, financing, and leasing programs. The company also includes optional solar storage in its purchased and leased systems. Sunrun includes a 25-year warranty for leased systems however unlike PosiGen, the company typically requires a minimum credit score and possibly a nominal upfront cost for leased systems — specific details are only available from a company representative during a consultation. Sunrun markets several products and services that some of its competitors do not, including power purchase agreements (PPAs), EV charging station integration, Tesla Powerwall, and its exclusive partnership with the Ford F-150 Lightning.
Sunnova is a large provider of residential and commercial solar, with operations in 51 states and U.S. territories. Similar to Sunrun, it markets a variety of ways for homeowners to install solar, including direct purchase, leasing, financing, and through PPAs. Sunnova does require a credit check for its leased systems, however it does not disclose its minimum requirements. All Sunnova leased systems come with a 25-year warranty, along with any necessary maintenance and repairs. Sunnova offers several products and services PosiGen does not, including its proprietary Adaptive Home program that evaluates and optimizes home energy consumption.
Since 2009, Momentum Solar has offered several home solar installation options, including direct purchase, financing, and leasing. Unlike PosiGen, Momentum Solar’s leased systems act as PPAs, so homeowners pay a monthly bill only for the power the solar panels produce. There may be credit score and income requirements for these programs, and homeowners are encouraged to contact the company for a consultation and custom quote. The company offers a 25-year warranty for leased solar panels and employs in-house contractors for its installations.
This PosiGen review highlights the company’s mission to make solar energy more accessible, particularly for homeowners who may not qualify for traditional financing. By offering solar leasing with no credit score or income requirements, PosiGen eliminates common barriers to going solar. Its model is ideal for those looking to lower energy bills without upfront costs, but homeowners who prefer to own their system and claim tax incentives may want to explore other options.
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