What should I know before signing a solar energy contract?

Pay special attention to any language that connects you with the installation company, and outlines what you can expect the company to do for you. This guide is designed to provide a clear walkthrough of what you should know before signing a rooftop solar energy contract. What Is a Solar Power Contract?

What is a solar system contract?

A solar system contract is a sort of solar contract that describes a solar power purchase agreement (PPA). A PPA is a contract in which a third-party developer manages and maintains your solar system and sells you the power generated by the system at a fixed rate for a certain period of time. b. Solar Lease Contract

What makes a good solar installation contract?

Like most contracts, home solar contracts can be filled with all kinds of terms, language, and details that the average person might not be familiar with. A good solar installation contract is designed to protect both you and your solar provider, so it’s important to understand the various sections and what they mean.

What should a solar power contract include?

The point of your solar power system is to generate electricity so you can reduce the amount you draw from the utility grid. This section of the contract should outline your average estimated energy production, or how much power your panels can produce. It may also include your annual home electricity consumption before installing solar.

What happens if I don't sign a solar panel contract?

Waivers: You give up your right to claim something with a waiver. Check your contract to ensure there aren't any waivers you don't agree with. If there are, you should try to amend the contract before you sign, or refuse to sign the contract. Termination: This section outlines all the reasons you can legally terminate your solar panel contract.

How do I understand my solar power contract?

To understand your solar power contract and make sure you get what you deserve, you can start by learning a few basic terms. Pay special attention to any language that connects you with the installation company, and outlines what you can expect the company to do for you.