The terms included in such an agreement might initially make customers wary—the process of purchasing a system outright does seem more straightforward. However, there is more room for flexibility if the status of the person renting the system changes suddenly. Common terms included in solar leases and PPAs include:
- Buying the system
- Moving properties (commercial or residential)
- Performance and maintenance
- Term length
There’s so much more in play than simply evaluating system performance. Make sure that you’re acutely aware of what kind of contract you’re signing up and how much leeway and flexibility you have in the event that your circumstances suddenly change.