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Solar Lease Service is a type of solar financing that allows homeowners to lease solar panels from a third-party company. This type of financing is becoming increasingly popular as it allows homeowners to take advantage of the financial benefits of solar energy without the upfront cost of purchasing and installing the system. With Solar Lease Service, homeowners pay a monthly fee to the third-party company in exchange for the use of the solar panels.

Solar Lease Service is a great option for homeowners who don’t have the upfront funds to purchase and install a solar system. It also allows homeowners to take advantage of the financial benefits of solar energy without needing to worry about maintenance or repairs. The third-party company typically handles all aspects of the solar system, from installation to monitoring and repair.

The global Solar Lease Service Market was valued at US$ 7.4 billion in 2022 and it is anticipated to grow up to US$ 55.9 billion by 2032, at a CAGR of 15.8% during the forecast period.

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