Weighing the convenience of a PPA against the asset value of ownership is a crucial decision. The fixed rate for electricity protects you from future utility rate hikes, providing a hedge against inflation.
Sunrun Financing No Large Upfront Payment: Power Your Home Solar Savings Today
Feature Power Purchase Agreement (PPA) Solar Loan (Ownership) Upfront Cost Low or None High (Requires Financing) System Ownership No (Owned by Provider) Yes Maintenance Responsibility Included with Provider Homeowner Responsibility Tax Credits Not Available to Homeowner Available to Homeowner. This structure shifts the responsibility of maintenance and monitoring to Sunrun, simplifying the long-term ownership experience.
Alternatively, a loan allows you to eventually own the system outright. Immediate Utility Bill Reduction Most customers see their electricity bills decrease immediately upon activation.
Sunrun Financing No Large Upfront Payment
With this model, homeowners often pay less each month than they previously spent on electricity. You then enter into a contract, typically a Power Purchase Agreement (PPA) or a solar loan, to pay for the electricity generated.
More About Sunrun financing
Looking at Sunrun financing from another angle can help expand the discussion and give readers a second clear paragraph under the same section.
More perspective on Sunrun financing can make the topic easier to follow by connecting earlier points with a few simple takeaways.