Instead of purchasing and installing your own solar panels, did you know you could consider a solar power purchase agreement? This option is becoming popular among business owners, as well as homeowners, to switch to solar energy without the upfront cost.
Similar to a solar lease, a solar power purchase agreement is between the property owner and the solar manufacturer. Solar panels are installed on your property, but are not owned by you. You agree to purchase the solar electricity generated by the solar array at a cost that is less than grid-based power.
The contract is legal and binding, so you’ll want to consider term, rates, the ability to terminate and what happens at the end of the solar power purchase agreement.
Go solar without the hassle!