SolarCity announced Wednesday a new financing program backed by banking behemoth Morgan Stanley that will make solar systems more affordable for homeowners.

The financing program, SolarLease, will mean that a four-bedroom homeowner can install a $25,000 solar system for an initial payment of about $2,000. And the monthly payments on the loan would likely be less than the previous utility charges, said SolarCity.

Cost has been the biggest hurdle for the growth of the solar industry, so any scheme that makes the renewable energy cheaper is bound to attract customers.

SolarCity’s program won’t be the first financing scheme in the U.S., but it does bring together one of the leading financial services institutions with one of the best solar installers in the country. And because SolarCity owns the solar panels it installs, the company can leverage tax credits and apply the savings directly to customer financing.

If the program, initially offered in California, proves successful, expect expansion beyond the Golden State and more options for homeowners.