Home Owners

• What are my options at the end of the SolarPPA contract?

A SolarPPA is a very flexible way to go solar. When your contract ends, you have several good options to choose from:

  1.   You can purchase your system
  2.   You can ask Panatec to remove your system for free.
  3.   You can upgrade to a new system with the latest solar technology under a new contract.
  4.   You can extend your agreement in five year increments.

Back to Top

• Can I decide to buy the system later?

Yes, you can purchase your system anytime after year five. The buyout price is specified in your contract.
Back to Top

• How does the performance guarantee work?

Panatec offers a performance guarantee that your system will produce as much electricity as we promise, or we will pay you back annually.

  1.   The amount of electricity we promise to deliver is specified in your contract, so there are no surprises.
  2.   If your system underperforms, Panatec will credit you per kWh shortfall at the end of each year.
  3.   Our production estimates take into account normal weather variation and solar panel performance over time.
  4.   We track your system performance through our SolarGuard online monitoring service, which you also have access to 24/7.

 

Back to Top

• What if I move to a new home before the end of the contract?

You also have several options if you move before the end of the contract:

  1.   You can transfer your SolarPPA to the new owners at no cost.
  2.   You can prepay the agreement and include it in the value of the house—solar homes typically have a higher resale value.
  3.   You can pay to have it moved to your new home. See the contract for certain restrictions.

Back to Top

Leave a Reply

Your email address will not be published. Required fields are marked *