How to Finance Your Solar System in Newcastle

If you're considering a home solar system Newcastle, you're probably weighing up your payment options. Two of the most common approaches are buying your solar system outright or leasing it through a third party. Each option has its benefits and drawbacks, and choosing the right one depends on your financial goals, budget, and long-term energy needs.

At Zeneco Energy, we’re committed to helping homeowners make informed choices by comparing solar financing options that make the most sense for Newcastle households.

Buying Solar: Full Ownership, Full Rewards

When you purchase your solar system outright—whether in cash or through a green loan—you own the system from day one. This option tends to offer the highest long-term savings and the greatest return on investment.

Benefits of Buying:

• You receive all government rebates and STCs

• You keep 100% of the energy savings and feed-in tariff earnings

• Your property value may increase due to the asset

• Better eligibility for battery storage and smart energy upgrades

In Newcastle, a typical 6.6kW system pays for itself in 3 to 5 years, with savings of up to $1,500 per year on electricity bills. After that, you're generating free power for the rest of the system’s 25+ year lifespan.

Solar Leasing: Low Upfront Costs, Less Control

Leasing or entering into a Power Purchase Agreement (PPA) means a solar provider installs the system on your roof, but they retain ownership. You pay a fixed monthly fee or a set rate per kWh for the electricity the system produces.

Benefits of Leasing:

• Little to no upfront cost

• Lower risk, as maintenance may be handled by the provider

• Immediate access to solar savings

However, these savings are typically smaller than if you owned the system outright. Leasing also means:

• You don’t qualify for STCs—these go to the owner

• The provider may impose restrictions on system upgrades or removal

• Selling your home may be more complicated due to the lease agreement

For Newcastle homeowners looking for long-term financial and energy independence, leasing often provides fewer advantages compared to owning the system.

Which Option is Better in Newcastle?

Given the strength of solar performance in Newcastle and the availability of government incentives, buying a home solar system is generally more beneficial. Owning allows you to maximise your return and unlock the full benefits of solar energy—especially with high-performing feed-in tariffs and low system costs in 2025.

That said, leasing may still be suitable for renters, retirees, or homeowners not ready to commit to a long-term investment.

Get Expert Advice for Your Solar Journey

Before making your final decision, talk to the local experts at Zeneco Energy. We’ll help you evaluate your financial situation and recommend the most cost-effective way to get your home solar system Newcastle—whether that’s ownership, financing, or leasing.