Solar Equipment Lease Agreement

Solar Lease: You pay a fixed monthly amount to use the energy produced by the solar installation on your roof. At the end of the period: if your contract ends, you can either buy the system directly, let the leasing company remove it, or leave the system on site and renew the agreement with the owner. A solar lease usually includes maintenance and repairs, system monitoring, insurance, and a roof penetration guarantee. If you sign up for Sunruns Solar-Leasing (PPA), you are fully covered by our comprehensive and hassle-free warranty. Our warranty includes up to 25 years of proactive monitoring, maintenance, free appliance exchange and system repairs, comprehensive coverage and industry roof penetration guarantee. That`s years of energy savings, 0 maintenance required. Performance and maintenance: The leasing company monitors the performance of the system to ensure that it is working properly during the term of the lease agreement. They are also responsible for maintenance and repair, although solar panels require little or no maintenance during their lifetime. Sale of your home: If you sell your property, you can transfer the rest of your lease to the buyer or buy the system from your leasing company itself and include it in the sale of your property. With Sunrun`s solar lease agreement, you can guarantee reliable and predictable energy prices, long-term savings and clean renewable energy for up to 25 years. But it will be even better – you can also conserve the extra energy that your system produces.

We do not calculate this additional benefit for you like some companies. We also guarantee that your roof will remain waterproof for 10 years. Click here to learn more about our solar guarantees. Solar leasing contracts and PPAs may seem more complicated than a solar loan or cash purchase due to the additional terms included in them, but they usually offer leasing companies flexibility in the event of a change in circumstances. costofsolar.com/is-my-home-worth-more-with-solar-energy/ solar leases and solar PPAs are similar to renting your solar installation. You enter into a contract with solar-Leasinggesellschaft that entitles you to the benefits of the system (i.e. the energy generated by the solar modules) for the duration of the contract, which is usually around 20 years. System Purchase: You can purchase the solar installation at any time during the rental period at the price set in your contract or at its market-consistent value, whichever is higher. .

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