The solar power purchase agreement (PPA) has changed the way people think about solar. Now you can buy AbundantEnergy the same way you buy energy from your local utility company. That means you get the benefit of clean, reliable solar energy as an alternative to what your power company currently provides. Your bill goes down but your power does not.
No Up Front Cost
For many customers AbundantEnergy will install your system for you with no money out of pocket or as little as $500.00 down. Yes it’s that easy for most customers.
Start Saving Immediately
The AbundantPPA solar power purchase agreement provides you instant payback on your investment. With no money out of your pocket for installation and energy prices lower than your utility company’s current rate, you start saving from Day 1. Pay each month. Pay only for the power you use. Go solar.
Lock In and Save Every Year
As your local utility is approved for rate increases you’re locked in solar payment saves you more and more each year. Locking in your electric rates with a Solar Power Purchase Agreement is as smart as locking in your payment on your mortgage. With easy to predict payments each month at the lowest rates, your budget will no longer be strained by utility rate increases.
Piece of Mind Service
Not only do we install your system for Free we also maintain in, insure it and monitor it. All for free.
Option to Buy, Upgrades or Home Sales… Not a Problem!
With the AbundantPPA, any time after year 6 you can purchase your system outright.
You can upgrade your system at the end of your agreement to the latest solar technology or just simply extend the agreement. If you just want to have the solar panels removed, that’s ok too. We’ll do it for free.
You can transfer your AbundantPPA to the new owners of your home if you happen to sell during your agreement term or just simply pay off the system with the proceeds of your home sale if that is an option.
What is a Solar Power Purchase Agreement (PPA)?
A Solar Power Purchase Agreement is a contract to buy solar power based on a set rate that is usually equal to or less than market rate from your local utility company. Because your solar electric rate is locked in, you can also protect yourself from the volatility of future utility rate increases.
AbundantPPA customers only pay for the solar power that is created by their system. You do not pay for the installation, the solar panels or any other equipment associated with the system, the monitoring or any of the on going maintenance that typically comes with traditional ownership.
How is a Solar Power Purchase Agreement PPA different from a Lease?
AbundantEnergy offers both types of financial service, but yes they are different. Leases offer you a monthly payment linked to the rental of your equipment such as Solar Panels, Inverters and Monitoring where a PPA you pay for just the energy that is created monthly. The availability of both the AbundantLease and AbundantPPA vary based on your service location, sometimes state laws and utility preferences.
Our financing terms vary by location. Not all programs are available in every location we service. To find out if you qualify for our financing programs simply request a free energy consultation.