With a solar lease or power purchase (PPA) contract, you don`t have to pay the high upfront costs for solar modules, equipment and installation. Instead of paying for a solar installation, you pay a fixed monthly amount for the electricity generated by the solar modules. It`s simple and affordable. Depending on where you live, you must either sign up for a solar rental or solar power purchase (PPA)3 If you choose a custom down payment option, you make a small down payment, usually between $1,000 and $3,000, in exchange for a lower monthly payment (lease) or a lower price per kWh (ENPAS). Most suppliers also waive the annual rate increase in a custom down payment contract that sets your fees for the duration of the contract. The benefits of owning the system, such as rebates, federal and federal tax credits, belong to the third-owner. Many solar installers advertise solar leases or solar-ppAs as an easy way to reduce your electricity bill. If you are interested in a simple and poorly maintained option to install a solar installation on your home, renting solar modules is a good option for you. Our warranty covers up to 25 years of voluntary monitoring, maintenance, free replacement of appliances and repairs, full insurance coverage and a guarantee of roof penetration. These are years of solar economy, 0 maintenance required. In 2007, Sunrun was at the forefront of solar leasing (PPA), which allowed homeowners to drive solar power for $0.

Solar leasing is quickly the most popular way to help homeowners never enjoy solar energy.1 It gives you the same reliable energy as solar property, but with the added benefits of a professionally managed and maintained system, daily monitoring and a solar production guarantee. Performance and maintenance: The leasing company will monitor the performance of the system to ensure that it works properly for the duration of the lease. They are also responsible for maintenance and repair, although solar panels require little or no maintenance over their lifetime. With a contract to purchase electricity, you pay for electricity, not for panels.2 We not only install and wait for your solar installation, but we also guarantee its power, measured by the energy produced by your solar installation.