What’s a solar lease or solar power-purchase agreement?

In a solar lease or solar power-purchase agreement (also known as a “PPA”), a customer pays for the solar power system over a period of years, rather than in an up-front payment. Often customers can purchase solar for little or no money down, & often realize energy savings immediately. In a power-purchase agreement, a customer agrees to purchase all the energy from a solar system over a fixed period.

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