Catering to residential and business customers, SolarCity's (NASDAQ:SCTY) leasing model has really been catching on. What it is able to offer is low-cost-power production that can often cost customers less than their traditional power bills. The fact that it asks for little to no upfront payments for the panels is added incentive for new business to join the ranks of its growing base.
Other companies are hoping to enter the leasing market, but so far SolarCity has set itself apart. If you believe in this model then SolarCity is probably the company for you. However, if solar is an industry you want to add to your portfolio but are wary about what SolarCity is trying to accomplish, there are many other options out there.
For our analysts' take on the company's past few months and its future potential, watch the following video.
Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.