Federal and state tax credits coupled with state policies like net metering were intended to make residential solar installations more affordable for consumers and help states meet their state renewable portfolio standards. Their intent seems to have worked—residential rooftop solar is growing but the growth looks different than state leaders anticipated. Instead of homeowners making the upfront purchase of rooftop solar, an increasing number of consumers are choosing to enter third-party leasing contracts with solar leasing companies. In a third-party lease, a homeowner pays to have the solar leasing company finance, permit, install and maintain the system. The contract is attractive to homeowners because solar is installed without the large upfront costs and their solar utility rate can be set if the rate increased in the future.