Learn How To Be Sure You are Getting the Best Possible Contract Terms and Energy Pricing for Your Solar Lease.
There are a lot of companies offering solar leases and Power Purchase Agreements (PPA's) with "no money down!" as their primary attraction. Are these a good deal or not? How do they compare with traditional loan financing or a cash purchase? What purchase plan gets you the best Return of your solar investment? There are many different aspects to solar leasing and solar financing and several key terms in the contractual agreements and proposals that you need to look for in order to get the best deal. Even though these deals sound great and the installation and maintenance is included, you want to be sure that the energy you are buying is priced fairly and that the terms of the contract are going to allow you flexibility during the 20 year term.
Solar Leases can have vastly different pricing and price escalators built into the contract. What is the avergage price for these leases and are you in the right price range?
What happens at the end of the contract? Do you own the system? At what price? Do they remove it? Who pays for what at the end? Is there a renewal clause?
What happens when you have to sell your home for some reason and transfer the system to a new owner. Is this possible? Are there any Fees to do this? What the legal implications of selling your home?
If there is guaranteed amount of power production that says they will reimbuse you for under-performance, do they reimburse you Dollar for Dollar, or 20 Cents on the Dollar? The devil is in the details.
If you want to know how to protect yourself and what to look for to be a smart buyer, just request our white paper and we will help you become an empowered and educated consumer.
Thank You from The Team at Blue Selenium Solar