Leasing solar panels can seem like an easy, cost-effective way to go solar. But if you’re a Colorado homeowner thinking about transferring or buying a home with a Sunrun solar lease, there’s a lot you need to know before signing on the dotted line. From credit checks to contract terms, these agreements can impact your financing, resale value, and renovation plans in unexpected ways.
At Remove and Replace Solar, we’ve worked with many homeowners who’ve needed help navigating solar leases. This guide will walk you through what a Sunrun solar lease means, what to expect if you’re inheriting one, and what to watch out for to make the best decision for your home and budget.
What Is a Sunrun Solar Lease?
A Sunrun solar lease allows you to enjoy solar energy without buying the system outright. Instead of paying tens of thousands of dollars upfront, you lease the panels from Sunrun, and they retain ownership. In exchange, you benefit from clean, renewable energy and often lower monthly utility bills.
Sunrun typically offers two types of solar leases.
Standard Lease
You pay a fixed monthly fee for using the solar panel system, regardless of how much energy it produces. Sunrun installs and maintains the system at no additional cost, providing a predictable monthly payment.
Prepaid Lease
You pay for 20–25 years of solar power in one lump sum at the beginning of the lease. After that, you don’t have to worry about monthly payments. Sunrun still maintains the system throughout the lease term.
Buying a Home with Leased Solar Panels
One of the most common concerns we hear from Colorado homebuyers is: What happens if the home I want to buy has a leased Sunrun solar panel system?
While beneficial, leased solar panels come with specific responsibilities that buyers and sellers should understand before proceeding with the sale.
The Buyer Must Qualify for the Lease
A leased Sunrun system doesn’t automatically transfer to the new homeowner. Instead, the buyer must go through Sunrun’s credit approval process, which typically involves submitting a credit application and waiting for approval. If the buyer does not meet the leasing company’s qualifications, the Sunrun solar lease transfer can’t proceed unless the seller chooses to buy out the remainder of the lease. That’s why discussing the lease status early in the home-buying process is essential to avoid surprises later.
Sunrun May Require a System Inspection
Before finalizing the lease transfer, Sunrun may schedule a home visit to inspect the system. This step helps verify that the panels function correctly and that the homeowner has maintained according to lease terms. If any issues arise, it could delay the transfer or require repairs before proceeding.
Both Parties Must Sign a Lease Assignment Agreement
Once the homebuyer is approved and the system passes inspection, the next step is completing the lease assignment paperwork. This document legally transfers the lease’s rights and responsibilities from the seller to the buyer. Before signing, it’s essential to review the lease terms, monthly payments, and contract duration to avoid surprises after the deal closes.
Appraisal and Financing Can Be Complicated
While solar panels often add value to a home, a lease can complicate the mortgage process. Some lenders may be cautious about financing homes with leased solar panels, especially if the lease has a long remaining term or includes high monthly fees. Buyers should consult with their lender early to determine whether the lease terms affect loan approval or appraisal value.
Expect Timeline Delays During the Sunrun Solar Lease Transfer
Because the lease transfer involves multiple steps, allowing extra time in your closing schedule is wise. Starting the lease transfer early can help avoid costly delays and ensure the sale stays on track.
Get Help with Leased Solar Panels in Colorado
Navigating a solar lease can be tricky, especially with a large provider like Sunrun. Whether dealing with roof repairs, selling your home, or simply trying to understand your lease options, having an experienced partner is essential.
At Remove and Replace Solar, we specialize in working with leased solar systems, including those under Sunrun agreements. Our team understands the nuances of lease terms, transfer requirements, and the physical care that leased systems require. You can count on us for:
- Safe, compliant removal and reinstallation. We handle panel removal for roofing projects or property changes without violating your lease agreement.
- Support during real estate transactions. From coordinating lease transfer timing to working with your roofer or real estate agent, we help keep your sale on track.
- Clear communication with leasing providers. We’ve worked directly with companies like Sunrun and can help facilitate inspections, reinstallation scheduling, or documentation requests.
- Advice on ownership vs. leasing. Not sure whether it’s time to buy out your lease or continue under contract? We’ll walk you through the pros and cons.
If you’re facing a lease-related solar issue, don’t risk damaging your system—or your home’s value. Trust the Remove and Replace Solar professionals to deliver expert service with local care, competitive pricing, and fast turnaround.
Need Help with Your Sunrun Solar Panel System? Let’s Talk.
Dealing with a leased solar system can feel overwhelming. Whether you’re selling your home, upgrading your roof, or trying to understand your lease options, the last thing you need is uncertainty or delays.
That’s where Remove and Replace Solar comes in.
Our Colorado-based team specializes in solar panel removal, reinstallation, maintenance, and custom solutions. We’ve helped countless homeowners across the state navigate the complexities of leased solar systems. From coordinating with Sunrun on lease transfers to handling safe panel removal for roof work, we bring expertise, reliability, and fast service to your doorstep.
Don’t risk voiding your lease or damaging your system. Let us help you protect your investment while making the process easy and stress-free.
Call Remove and Replace Solar today or fill out our quick online form for a free quote. Let’s take the guesswork out of your solar lease and get your project moving.
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