In a quick (2 hour search) of the web, I’ve found the following seemingly active residential solar lease or PPA providers, but other than the ones just mentioned, I have not done my homework yet to go over each company. So buyer beware, but if you’re interested in going with a solar lease or solar PPA in your area, here are the websites of the residential ones I’ve found so far:
In terms of what to expect from the residential list above:
Solar PPAs and Solar Leases will be different from company to company and State to State.
In fact, the same company offering a Solar Lease in California may only offer a Solar PPA in Arizona or visa-versa.
Some pay for maintenance or contribute funds to the maintenance, while others don’t.
Some companies are the installer, while others offer their leasing or PPA program through pre-qualified installers.
Some charge you a leasing fee for 15 years or longer with (or without) an annual increase, while with PPAs, you pay just for the energy you use with a yearly per watt rate increase.
Some require a down payment or deposit of as little as $1000–or more. Others cost you nothing upfront.
Most require that you have a pretty good credit score in the high 600’s or even 720 in the case of Solar City’s program.
All are long term commitments of at least 15 years, with options to buy and/or transfer the agreement to a new owner.
Most–if not all of these companies–will be happy to provide a commercial PPA for your school, church, business, or government agency as well.
Know of any more residential solar lease or Solar PPA programs? Please drop a comment below and share.
I think there is another PPA company – both residential and commercial – that you have omitted. It is Nevada Solar Fusion, and can be found at
nevadasolarfusion.com
Hi Solar Fred,
Here is another Solar Lease company operating in Maryland, Virginia and Washington: Sunlight-To-The Rescue, LLC; For more information please visit us at: http://www.sunlighttotherescue.com or call today at 1-877-569-4579
Thanks,
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