Which of the following best describes a solar lease?

A solar lease is best described as an arrangement where the solar provider maintains ownership of the system. In this type of agreement, a homeowner or business can install solar panels on their property without the upfront cost of purchasing the system. Instead, the solar provider retains ownership of the solar equipment and is responsible for maintenance and performance. The consumer pays a monthly fee to the solar provider for the use of the system, typically for a fixed term, while enjoying the benefits of solar energy and potentially lower electricity bills.

This arrangement allows more individuals and businesses to access solar technology and take advantage of renewable energy without the financial burden of purchasing the system outright. As the solar provider keeps ownership, they handle installation, maintenance, and any issues that may arise, providing peace of mind for the lessee.