Sunrun Leasing and PPA offers also contain information about the equipment that will be installed on your home. Assess the quality of the solar modules and inverters included in your offer to ensure that it meets your standards for a 20-year commitment. Whether you decide to buy or bequeath your solar modules depends on your financial situation and the reasons for the solar operation. While owning your solar modules offers significantly higher savings of 20 years, solar leases can be a better offer for homeowners who cannot benefit from any tax credit or other discounts and incentives. If you sign a solar lease, you pay Sunrun a monthly “rent” in exchange for electricity; If you sign a PPP, you agree to pay a fixed rate per kilowatt hour (kWh) for the electricity generated by your solar panels. Like most other solar rental companies, sunrun-leasing and PPAs are usually 20-year contracts. Depending on where you live, you must either sign up for a solar rental or solar power (PPA) purchase contract.3 Another way to save from a solar rental is to transfer the lease to a new owner. For example, some solar companies have a service transfer specialist who helps you through the process to ensure that your lease is transferred to new owners. Most solar leases require $0 less, and solar rental companies allow you to easily sign an agreement on the same day. Solar rental and AAA are still 20-year contracts. As with any other major financial commitment, shopping is the best way to ensure that the solar financing you choose is the best option for you.
Receiving multiple offers from local solar installers on the EnergySage Solar Marketplace is a simple and free way to check all your solar options and find the best fit. 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. Sunrun guarantees that your new solar system will never run at less than 95% of the estimated power. If the sun doesn`t shine or something breaks and your panels don`t produce the electricity we promised, you`ll be reimbursed for the difference.