Affordable Energy Options

Solar can help you lower your electric bill, save money, add value to your home, protect yourself from escalating electricity costs, and offers a switch to clean, renewable energy. TFS offers multiple financing and payment options. Review the information below and contact us to figure out which option works best for you and your family.
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Partially Prepaid Solar Lease


A smarter way to go solar if you have funds available now and want to get the most out of every dollar.

Make one upfront payment and enjoy six full years with no monthly obligations while your system generates power and your electric bills drop. At the end of year six, you have the option to buy the system at its depreciated fair market value, or simply continue with small monthly payments- it's your choice.

Because our financing partner, Amicus Impact, is able to utilize the federal solar tax credit (ITC) on your behalf, your total cost (upfront payment plus the optional buyout) typically comes out to 80% or less of what you'd pay in cash. That makes this one of the strongest returns on investment available for residential solar right now.

  • One upfront payment covers energy production for years 1–6, plus half of years 7–15

  • Zero monthly payments for the first six years

  • At month 73, buy the system at fair market value or continue with low monthly payments

  • Maintenance covered under TFS's 10-year labor warranty

This option is a great fit if you have capital available, want to eliminate or significantly reduce your electric bill right away, and want to maximize your long-term return on solar.

Explainer: Lease vs. Loan vs. Cash

The expiration of the residential tax credit in 2025 changed the options for financing a solar energy system for your home. The following 4 options are available:

Cash Purchase: Own your system, pay for it up front. AZ state tax credit available up to $1,000.

Loan: Own your system, pay for it over time. AZ state tax credit available up to $1,000. Typical loan term is 15 years.

Partial Prepaid Lease: Financing company owns your system. Prepay most of your lease payments in order to save more money. There is an option to buy out the system after 6 years.

Monthly Lease: Financing company owns your system. Make payments over time. Beware of leases that do not allow you to buy out the system during the term of the lease, or that do not guarantee the energy production of the system during the lease term. If you cannot buyout the system, you may find it difficult or expensive to sell your home. And if there is not a production guarantee, you may owe lease payments even if the system is not producing the expected savings. Typical term is 25 years. TFS does not currently offer this option, as we are not convinced that it is in the best interest of the homeowner.
Cash Purchase

Purchase your solar energy system up front and reap the rewards of free energy generation for the lifetime of the installation.

Cash purchase is always available to customers interested in the option. For homeowners equipped to pay for their system up front, cash purchase has the highest return on investment.

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Solar Loans

These unique solar loan programs let you go solar with little or no money down, while benefiting from immediate savings on your electric bill. Many loans combine a low interest rate combined with dealer fees, which increase the price of the system by 10 to 30%. Our loans have no dealer fees and a real interest rate of 6%.
  • Multiple term options for repayment, with a 25+ year lifespan of solar

  • Maintenance is covered under 10 year TFS labor warranty

  • Take advantage of the AZ tax credit to reduce price of system

  • No prepayment penalty

  • Solar is considered an asset to house, reflected at resale and property evaluation
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Incentives


The Arizona state income tax credit is 25% and is capped at $1,000 per residence. This credit must be shared with other qualifying solar devices. There is also a sales tax waiver for solar energy systems, so you pay no state sales tax on your system.


Please scroll to the bottom of this page for supplemental links and information about incentives.
 

Ready to Go Solar?

Call today for a free consultation or solar home evaluation

520-740-0736

Or, simply fill out our short contact form and we will be in touch with you as soon as possible.

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Resources for Incentives

Property Tax Increase Exemption:
AZ State Property Tax Law
DSIREUSA

State Tax Credit:
State Q&A
State Form
State HOA Law:
Arizona State law A.R.S. § 33-439 and A.R.S. § 33-1816 protect private property solar access by nullifying Home Owners Association covenants restricting solar energy systems. See DSIRE website.