Find out what solar incentives and discounts you can use. Since you don`t own the solar modules on your roof with an AAE, you send a monthly payment to the PPA company for every kilowatt-hour of solar energy you use. Ask the right questions to find out if there are several companies involved in installing the system and explore all of them. Make sure every business is financially sound and has been in business for a while with thousands of satisfied customers. Check its BBB status and search for it on Yelp. In general, it is best for the homeowner if the company that sells the solar installation is the same company that comes out to install it. Then the electricity bill. If you think, «Wait, do I have two bills now?», you stay with us. It may be a bit confusing at first glance to have two bills, but don`t be fooled.

Your solar panels still produce cleaner and cheaper energy for you than the supply company – you may just need to do some math to find out how much you`re saving. The good news is that the electricity bill part of your savings equation should be the same. There are essentially two or three pieces for most energy bills: 4 As the owner of the solar installation, a third party owner of a PPA (the installer or developer) has the rights to the 30% investment tax credit, all solar renewable energy credits (SRECs) and all other rebates that are related to a system. An electricity purchase contract (AAE) or an electricity contract is a contract between two parties, one that produces electricity (the seller) and the other that wants to buy electricity (the buyer). The PPP sets out all the terms and conditions for the sale of electricity between the two parties, including when the project will begin operating commercially, electricity delivery schedule, delivery penalties, payment terms and termination. An AEA is the main agreement that defines the revenue and credit quality of a production project and is therefore a key instrument of project financing. There are many forms of PPA in Use Today and they vary according to the needs of the buyer, seller, and financing against the parties. [1] [2] However, you still have to pay the solar developer for the 1000 kWh of electricity produced by the facility. This would bring your solar PPP bill to $100. Leasing and AAEs are excellent for people in very specific situations.

Keep in mind that some solar companies only offer a lease or AAE and are unlikely to provide unbiased financing information.