Solar Lease
Go Solar for $0 Down with a Solar Lease (PPA) and Save on Your Electric Bill
With a solar lease or power purchase agreement (PPA), you don’t have to pay the high upfront cost of solar panels, equipment, and installation. Instead of paying for a solar system, you pay a fixed monthly amount for the electricity the solar panels generate. It’s easy and affordable.
The solar lease (PPA), allows homeowners to go solar for $0 down. Solar leasing has quickly become the most popular way of helping homeowners reap the benefits of solar energy. It gives you the same dependable power as solar ownership, but with the added benefits of a professionally managed and maintained system, daily monitoring, and a solar production guarantee.
With a solar lease, you I’ll be able to lock in dependable, predictable energy rates, long-term savings and clean, renewable energy for up to 25 years.
Total Peace of Mind
A solar lease will typically include maintenance and repairs, system monitoring, insurance, and a roof penetration warranty. When you sign up for a solar lease (PPA), you’re completely covered with our worry-free, comprehensive warranty.
Our warranty covers up to 25 years of proactive monitoring, maintenance, free equipment replacement and system repairs, full insurance coverage and an industry-leading roof penetration warranty. That’s years of solar savings, 0 maintenance required.
If you’re asking yourself, “But what if I move?” don’t worry, we’ve got that covered too. In fact, we have a whole team standing by to help you sell your solar home and transfer your contract to the new owners.
Guaranteed Solar Energy Production
With a power purchase agreement, you pay for the power, not the panels. Not only do we install and maintain your solar system, we also guarantee its performance, which is measured by the energy your solar system produces. We guarantee your new solar system will never operate below 95% of the estimated energy output. If the sun refuses to shine, or something breaks, and your panels don’t produce the electricity we promised, you receive a refund for the difference.
But it gets even better—you’ll also get to keep the extra energy your system produces. We don’t charge you for this extra power like some companies. We also guarantee to insure your roof and that it will stay watertight for 10 years.
Top 4 considerations for solar leases and PPAs:
- With a lease or PPA, the third party owner (TPO) will install solar panels at your property and, in exchange, you will agree to pay them a below-market rate to use the solar electricity for the term of the agreement.
- Choosing a lease or PPA as your solar panel financing option will help you to save 10 to 30 percent per month over your utility’s electricity bills without any upfront investment required.
- The TPO will be responsible for maintaining the solar panels, and, at the end of the lease, will either remove them or sell the system to you at their fair market value.
- Because the TPO owns the solar panel system, it – not you – will be eligible for all rebates, tax credits or other incentives offered by the government and your utility.