When does it make sense to do an All-Cash Purchase?

An all-cash purchase makes sense for entities that can afford the initial upfront cost of purchasing solar panels.

You will make back your investment over the length of the project’s payback period (typically 5-20 years), and then continue to source your electricity for free as long as your solar system is in operation (typically 25-30 years). Since you won’t need to pay interest on a loan, an all-cash option typically presents higher lifetime savings compared to financed options (PPA, loan, lease).