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, and 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 of time. Read more about solar leases and PPAs on our third-party financing page.