SunRun Solar Power Purchase Agreement (PPA)

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What is a Solar Power Purchase Agreement (PPA)?

Power Purchase Agreements (PPA) are a two-party contract that is a type of Third-Party Ownership (TPO). The power is purchased at a fixed rate, as the system is not owned by the homeowner, but by the solar company. With a solar PPA, you make an agreement with the solar company to pay per kilowatt-hour for the electricity produced by their solar panels.

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Why choose a Solar PPA?

With a Solar Power Purchase Agreement you are paying for the power, not the equipment. You do not have to pay the high up-front costs of solar panels and equipment. Typically repairs, maintenance, and monitoring are included in the contract. This means that you are getting all of the benefits of solar without having to worry about occasional costly expenses of solar, such as maintenance and repairs.

Benefits of a Solar PPA

  • Reduced energy costs
  • Limited risk
  • Flexible and affordable
  • Potential property value increase

SunRun Power Purchase Agreement

SunRun is a great option for those looking to save big by going solar. When you sign up with SunRun, you're covered by a comprehensive warranty. They also have a team to help you sell your solar home and transfer your contact to new owners if you decide to move. They install, maintain, and guarantee the performance of their solar panels. Also, any extra energy your system produces is yours - they don't charge for extra energy like others.

With SunRun, you establish a fair rate that increases your energy savings for 20 years. Leave the monitoring and maintenance to them and enjoy all of the benefits of solar. You don't even have to pay out-of-pocket expenses on day 1.

Check out Sunrun's Solar Plans & Services

BrightSave Monthly

  • Monthly lease
  • Lowest upfront cost
  • $0 to little upfront payment
  • Rate increase protection
  • Workmanship warranty
  • Full service

BrightSave Prepaid

  • Full amount lease
  • Upfront payment of up to 25 years of energy cost
  • Rate increase protection
  • Workmanship warranty
  • Full service

BrightBuy

  • Own your system
  • Full system cost
  • Rate increase protection
  • Workmanship warranty
  • Full service with Protection Plus

BrightAdvantage

  • Own your system
  • $0 upfront
  • Pay monthly to loan provider
  • Rate increase protection
  • Workmanship warranty
  • Full service with Protection Plus

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