A North Tampa man who wanted to own solar panels said he discovered his "lease" agreement was actually a rental, which raised questions for him about transparency in solar financing contracts.

Chappy Floyd said he decided to install solar panels after Hurricane Milton hit in 2024. He claimed his goal was simple: own the panels that would make his home more eco-friendly.

Last December, Floyd found a system financed through EnFin, a residential solar financing company. Under the arrangement, his contract for the panels is with EnFin, and they paid the installer.

"The interest rates were very high so I was trying to decide whether I wanted to finance or lease and it made more sense with a traditional lease option of a 5-year lease option and then a buyout," Floyd explained.

Floyd claimed

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