SunPol Solar offers three solar financing options for Connecticut homeowners: the prepaid solar vs PPA (one payment, 25 years covered), a Power Purchase Agreement (no upfront cost, pay only for power produced), and cash purchase (own the system outright). Each option includes Tier 1 panels and 25-year warranties. Based in Newington, CT, rated 5.0 stars with 37+ Google reviews.
Compare Your Options
Four Ways to Go Solar
Every homeowner’s situation is different. Here’s a quick look at how our financing paths stack up.
Not sure solar pays off for your home? Read is solar worth it in Connecticut? — real Connecticut payback timelines, incentives, and when solar makes financial sense.
Prepaid Solar Lease
$0/month for 25 years
Single upfront payment
- 25-year service & maintenance included
- Flexible end-of-lease options
- No credit check required
- ~$2,468 avg. annual savings
Smart-E Loan
5–15 year terms
CT Green Bank financing
- Finance up to $50,000
- Competitive interest rates
- Own the system from day one
- 25% can cover roof repairs
Cash Purchase
100% ownership
Greatest lifetime ROI
- No interest or monthly payments
- Highest long-term savings
- Full system ownership
- Increases home value (+4.1%)
Solar PPA
no upfront cost
Pay less than your utility
- No upfront cost at all
- Pay per kWh at a lower rate
- Maintenance included
- Savings from day one
Option 1 · Most Popular
Prepaid Solar Lease
Our most popular option — because it’s simple, predictable, and delivers outstanding long-term value. You make a single upfront payment (typically $20,250–$32,400 depending on system size) and we handle everything else for 25 years.
And the savings don’t come from cheaper equipment. The Prepaid Solar Lease lets you put a premium system — tier 1 solar panels and micro inverters — on your roof at one of the best prices available. You get the lower cost and the better hardware, with no need to cut corners on equipment just to save money.
- $0/month for the entire 25-year term
- All service and maintenance included
- No credit check required
- ~$2,468 average annual savings
When your 25-year term ends: Purchase at fair market value, renew for 5 more years, or free system removal.
prepaid solar programOption 2
CT Green Bank Smart-E Loan
Want to own your solar system from day one? The Smart-E Loan through the Connecticut Green Bank makes it affordable with low-interest financing and flexible terms from local lenders and credit unions.
- Loan terms from 5 to 15 years
- Finance up to $50,000
- 25% can cover roof repairs — bundle it in
- Own the system immediately
- SunPol is an approved Smart-E contractor
Option 3
Cash Purchase
If you have the capital available, buying your solar system outright delivers the greatest total savings over the life of your panels. No interest, no monthly payments, no lease terms — just clean energy and decades of reduced utility bills.
- Highest lifetime ROI — no interest charges
- Immediate full ownership
- Increases home value (+4.1% on average)
- 25-year manufacturer warranties
- Pair with battery storage for full independence
Option 4
Solar PPA (Power Purchase Agreement)
The easiest way to start saving on electricity with absolutely nothing out of pocket. Solar panels are installed on your roof at no cost to you, and you simply buy the electricity they produce — at a rate lower than what your utility charges.
- no upfront cost, $0 installation cost
- Pay per kWh produced — below your current rate
- Maintenance included
- Savings from day one
Our Vision
A future where families are no longer defined by the rising cost of power, but empowered by smarter energy choices that create greater freedom, stronger financial security, and more time for what matters most.
| Feature | Prepaid Lease | No-upfront PPA | Smart-E Loan | Cash Purchase |
|---|---|---|---|---|
| Upfront cost | $14K–$23K (one payment) | $0 | $0 (financed) | $20K–$36K |
| Monthly payment | $0/month | Fixed ¢/kWh | Fixed loan payment | $0/month |
| System ownership | SunPol (buyout available) | PPA provider | You own it | You own it |
| Maintenance | Included 25 years | Included | Homeowner responsibility | Homeowner responsibility |
| Total cost vs. cash | 15–30% less | Varies by rate | Depends on interest | Full price |
| Best for | Lowest long-term cost | No upfront budget | Want ownership + low rate | Maximum equity |
Common Questions
Solar Financing FAQ
What is a prepaid solar lease?
A prepaid solar lease is a single upfront payment that covers your entire 25-year solar lease. You pay once, then enjoy $0 monthly payments for 25 years with all service and maintenance included. At the end of the term, you can buy the system, renew, or have it removed for free. $0-down prepaid solar.
What is the CT Green Bank Smart-E Loan?
The Smart-E Loan is a low-interest financing program through the Connecticut Green Bank. It lets you finance up to $50,000 for solar installation with terms from 5 to 15 years through local lenders and credit unions. You own the system from day one, and up to 25% of the loan can cover roof repairs.
What is a solar PPA (Power Purchase Agreement)?
A PPA lets you go solar with no upfront cost. Solar panels are installed on your roof at no cost, and you simply pay for the electricity they produce — at a rate lower than your your current utility rate. You save from day one without owning the system or worrying about maintenance.
Do I own the solar panels with a prepaid lease?
During the 25-year lease term, SunPol owns the system and handles all maintenance. At the end of the term, you have the option to purchase the system at fair market value and own it outright.
Which solar financing option is best for me?
It depends on your goals. If you want zero monthly payments and long-term savings with no maintenance hassle, the how the prepaid solar lease works is ideal. If you want to own the system immediately using financing, the Smart-E Loan is a great fit. If you have the capital and want maximum lifetime ROI, cash purchase delivers the best return. And if you want no upfront cost with instant savings, a PPA is the easiest start. Request a free quote and we’ll walk you through each option.
Can I use the Smart-E Loan for roof repairs?
Yes. Up to 25% of your Smart-E Loan can be used for non-energy-related home improvements, including roof repairs or replacement. This makes it easy to bundle necessary home upgrades with your solar installation into one financing package.