Third Party Ownership (TPO): Save with Solar Even Without Tax Liability

Many homeowners believe solar only makes financial sense if they can take advantage of federal tax credits. If you don’t have taxable income, you might assume solar “isn’t for you.” Good news: that’s not true at all.

Today, more homeowners are choosing Third Party Ownership (TPO) models—like solar leases and Power Purchase Agreements (PPAs)—specifically because they’re designed for people who want instant savings without relying on tax incentives or paying anything upfront.

calculator and money on a desk next to a notepad

“But I don’t have taxable income…”

That’s actually the reason a lease makes so much sense. When you choose Third Party Ownership (TPO), the solar company receives the federal tax credit—not you—which allows them to offer power to you at a lower price than your utility charges right now.

With TPO, you get the benefits without the barriers:

  • You don’t need tax liability.

  • You don’t need cash upfront.

  • You don’t need to buy the system.

  • You save money starting in Month 1—period.

home with a newly installed solar roof

No Expensive Installation. No Surprise Bills.

If you’re buying your electricity from the utility at full retail price, you’re already "renting" your power—you're just renting it from the utility. A lease simply lets you rent cheaper, cleaner power instead. With a lease or PPA, the following are all included:

  • Installation and equipment replacement.

  • Warranties and insurance.

  • Performance monitoring and maintenance.

  • Full responsibility for the equipment belongs to the provider, not you.

placing a rolled up stack of cash into a jar to signify savings

Why Paying the Utility Forever Costs More

Utilities sell power at full retail price, and rates continue to rise year after year. When you agree to buy solar power instead, you’re locking in lower energy costs and avoiding unpredictable rate hikes.

Think of your electric bill like rent: the price goes up constantly, you have no equity, and you have no control over the price. Third Party Ownership (TPO) flips that upside down. Switching to lower-priced solar power is simply the smarter version of something you’re already doing.

“Did I Miss the Solar Window?”

Not at all. In fact, this is one of the best times in history to go solar. Utility rates have risen dramatically (with many utilities already scheduling additional increases for 2026), while battery technology has improved and solar costs have dropped. You no longer need tax credits to make solar a smart financial move.

A clean infographic titled "Solar Lease vs Purchase vs Utility," showing a comparison table that highlights how leasing/PPA offers immediate savings and $0 upfront costs compared to buying or staying with the utility.

Frequently Asked Questions

What if I don't have tax liability?

Perfect—leases and PPAs are designed specifically for you. The solar provider utilizes the tax credit and passes those savings directly to you through lower energy rates.

Do I really save money right away?

Yes. Because your solar rate is lower than your utility rate starting in the first month, your total electric bill drops immediately without any upfront expense.

Who handles maintenance and what if something breaks?

The provider handles everything. That includes repairs, panel replacement, inverter replacement, and 24/7 monitoring. If something breaks, you call us, we handle it, and you don't pay out of pocket.

a man lounges on his couch looking at a graph of his home's solar energy on a tablet

Why Work with CRTFD Home Services?

We aren't tied to one leasing provider or one manufacturer. We review multiple options and only recommend a Third Party Ownership (TPO) plan if it produces a lower monthly rate than your current utility bill. We are service providers at heart; we care about your system's performance long after the installation day.

Ready to see if a lower electricity rate is available for your home?

We don’t pressure, we don’t guess, and we don’t “sell.” We simply analyze your bill and show you your options in real numbers.

Schedule a Free Bill Review Today