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A Purchased System, Can Pay Itself Off In As Little As 4 To 5 Years. Then It's Decades Worth Of Free Electricity*.

Pricing has dropped so low today that after applying the incentives, a purchased solar system will typically recover your investment (pay itself off) in only 4 to 5 years. Then the electricity that your system produces is free* for the remaining 20 to 25 year average life expectancy of your solar system.

With a solar PPA (Power Purchase Agreement) all you're doing is trading your current electric bill payment for a slightly reduced (10% to 15% reduction) PPA payment. Your electricity will never be free with a lease or PPA.

In fact most $0 down solar leases and PPAs include an annual payment escalator (increase) that will raise your monthly payment amount by up to 2.9% per year every year for 20 years.

YEAR

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

PURCHASED
SYSTEM

Investment
Recovery

Free
Electricity*

Free
Electricity*y

PPA
SYSTEM

PPA
Payments

2031

2032

2033

2034

2035

2036

2037

2038

2039

2040

2041

2042

2043

Free
Electricity*

PPA
Payments

PPA Ended
System
Removed

_______

And After Making 20 Years Worth Of PPA Payments, The System Will Still Belong To The Leasing Company And Will Be Removed !

*What do mean by the term "free" ? A modern grid tie solar system may require some maintenance and repairs over it's 25 to 30 year life expectancy.

What maintenance and what repairs repairs you ask ?

A properly installed grid tie solar system requires no maintenance other than an occasional rinsing off with a common garden hose if you live in a dusty area. Otherwise, rain takes care of that issue. And as for repairs, solar panels come standard with with 25 year warranties and many inverters have 25 year warranties available. Even after your labor warranty expires, depending on local labor rate, the typical labor rates for the removal and replacement of a solar panel or inverter runs about $100 to $150.

And remember, since a typical $0 down leased system costs anywhere from twice to three times more than an outright purchase, you're paying so much more money with a lease/PPA when compared to buying, that it is actually you, who will be paying for own maintenance and repairs with a solar lease or PPA not the leasing company.