Compare FIGTREE PACE
Lease
(if available) Typical Solar Power Purchase Agreement (PPA) Traditional
Bank Loan
(if available) FIGTREE PACE
(if available) Typical Solar Power Purchase Agreement (PPA) Traditional
Bank Loan
(if available) FIGTREE PACE
Application Process
Credit check and high qualifying score is required
Yes
Yes
Yes
No
Personal guarantee is required
Yes
Yes
Yes
No
Income check is required and an upper-income is desired
Yes
Yes
Yes
No
Down payment is required
Potentially
Potentially
Yes
No
Financial Benefits
You can potentially create a positive cash flow position immediately
No
No
Yes
Yes
You keep and receive financial benefits from rebates
No
No
Yes
Yes
You keep and receive financial benefits from tax credits
No
No
Yes
Yes
You permanently add financial value and ecological benefits to your property
No
No
Yes
Yes
You minimize the financial impact of future energy rate increases
No
No
Yes
Yes
General Considerations
You can purchase many different energy efficient items, not just solar panels
No
No
Yes
Yes
You make your payment on the annual property tax bill rather than each month
No
No
No
Yes
If the property is sold, the financed amount becomes the responsibility of the new owner
Negotiated
Negotiated
No
Yes
