However that might not always be the case.
Solar panel contract template.
A solar power purchase agreement ppa is a financial agreement where a developer arranges for the design permitting financing and installation of a solar energy system on a customer s property at little to no cost.
The developer sells the power generated to the host customer at a fixed rate that is typically lower than the local utility.
Now it s time to start thinking about how you re going to pay the solar bill.
In this proposal i ve included details regarding the expected impact that a solar brand system will have on your grid energy use and overall household energy costs.
Like buying a car you can purchase the system outright or lease it.
The agreement template is of exceptional value and could save your business considerable time and money.
A host customer agrees to have solar panels installed on its property typically its roof and signs a long term contract with the solar services provider to purchase the generated power.
In this case you can prepay the balance on the remaining lease and have the solar panels either removed or left on the house.
The agreement template includes a customer quote and contract terms and conditions and complies with the contract requirements under the clean energy council approved solar retailer program.
The host property can be either owned or leased note that for leased properties solar financing works best for customers that have a long term lease.
Most solar leasing companies do include a buyout period and price in their agreement.
You ve decided to go solar.
Usually a buyout is allowed after 5 to 7 years of the lease.
You could also sign a power purchase agreement or a ppa meaning you buy energy from your rooftop solar panels but you don t own the system.