AURA℠ Next-Gen Solar

AURA is a Prepaid Lease-to-Own program designed to guarantee your solar savings. With the 30% federal tax credit shifting to commercial leasing companies in 2026, AURA allows our financing partner to monetize that credit and pass 100% of the value directly back to you. You can choose to receive this 30% benefit as a guaranteed upfront discount on your system cost, or as a cash-back check if you finance. Because it operates as a prepaid lease, the system is fully funded on day one—either by paying cash or, more commonly, by using one of our specialized, low-payment solar loans.

Ownership Option: You have the voluntary option to purchase the system starting on the 6th anniversary. The buyout price is determined by the Fair Market Value (FMV) of the system minus the value of the System Owner’s remaining obligations to you. This calculation often results in a very low-cost transfer (close to $0.00), though the price will never be less than $0.00. If there is ever a disagreement regarding the FMV, an independent third-party appraiser can be utilized to ensure fairness.

The core distinction depends on your payment method:

Cash Buyers: If you pay for the system upfront in cash, the 30% incentive is always applied as an Upfront Discount. This lowers your out-of-pocket cost immediately (effectively the AURA Standard model).

Financing Customers: If you use a loan to finance the prepaid lease, you have a choice:

• AURA (Standard): The 30% incentive is applied as an Upfront Discount to lower the principal loan balance, resulting in your lowest possible monthly payment.
• AURA+ (Plus): The 30% incentive is paid out to you as a Cash Back Check. This is available only for customers financing their system and is often paired with the Lite Loan to help cover payments.

This payout schedule applies only if you have selected the AURA+ option (available only with financing). The timing depends on your selected loan:

• Fixed Loan: 5% is paid after Installation, and the remaining 25% is paid approx. 45 days after System Activation (PTO).
• Lite Loan: Because this loan funds early, the 5% is released immediately after the Site Survey (ideal for covering initial loan payments). The remaining 25% is paid approx. 45 days after Activation (PTO).

Both options allow you to finance the Prepaid Lease obligation (AURA). If you have chosen the AURA+ product, your loan type determines the timing of your cash back.

Credit Human Fixed: A stable 20-year loan with a flat payment that never increases. Includes a 6-month no-payment holiday.

Credit Human Lite: An exclusive offering through Raynora featuring a low initial payment and a 2.85% annual escalator.

• Recommended for AURA+: Because the Lite Loan funds early, it releases the first 5% of the cash back immediately after the Site Survey. This allows you to use that cash to cover monthly loan payments during the installation phase.
• Standard Note: If you choose AURA (Standard) with a Lite Loan, you benefit from the low entry rate, but do not receive a cash back check since the discount was applied to the principal upfront.
• Benefits: Lowest entry rate, no prepayment penalty, same credit requirements as Fixed.

No. There is no lien on your real estate property. The System Owner files a “UCC-1 Fixture Filing,” which is a public notice that they own the solar equipment (personal property), not your home.

You have the option to take full legal title to the system starting on the 6th Anniversary of installation. You can also purchase the system earlier if you sell your home. Before Year 6, the bank holds title to monetize the tax incentives for you.

Yes. If your system is enrolled in a Grid Services program, you receive 30% to 70% of the net proceeds. This is a revenue stream most traditional leases do not offer.

Per the agreement, you must include the System on your homeowner’s casualty insurance policy for the “Replacement Cost of System” and name the System Owner as a “Loss Payee”.