PPA, Lease or Own?
Which is Better?
For years, there has been a debate between which is better: PPA (Power Purchase Agreement), Lease or Customer Owned. When we were just installing solar without batteries, you couldn’t go wrong with either approach.
Times have Changed
In April 2023, Edison reduced by 75% the credits they give new solar homeowners. Therefore, homeowners are now producing AND storing their own power with batteries being a part of most every solar installation. Batteries and inverters are warrantied for 10 years. During a 25-year solar program, a new battery and inverter will need to be replaced about every 10 years at a cost of $17-38,000 each time. The PPA covers that cost since Sunrun owns the equipment. IMPORTANT: Customer Owned requires the homeowner to cover that cost.
99% of Customers Prefer the PPA
It’s similar to the way we are used to working with the power company. You don’t own their equipment. When a transformer goes out, they don't bill you for that transformer.
It's the same way with Sunrun's PPA. Sunrun owns and maintains the equipment. When batteries or anything else need to be replaced, Sunrun handles it and you will never receive an additional charge.
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Sunrun offers all types of PPA and Customer Owned Solutions
To help you see which solution works best for you, I'd be happy to run estimates for both solutions. Just ask!
See PPA Details
Benefit
​
System Ownership
Additional
Costs
Proactive Monitoring
Performance Guarantee
Maintenance & Repair
Insurance
PPA – POWER PURCHASE AGREEMENT
Monthly
Prepaid
$0 out of pocket*
Pay upfront, lowest cost for power
Sunrun
Sunrun
$0
$0
CUSTOMER OWNED
Loan
Purchase
Finance
Pay upfront
$0 out of pocket*
Homeowner (HO)
Batteries, inverters & service calls
every 10 years
$17 – 38,000
Homeowner (HO)
Batteries, inverters & service calls
every 10 years
$17 – 38,000
HO monitors
HO monitors
Product Warranty
Product Warranty
Service Charge
Service Charge
Homeowner
Homeowner
*As long as the results of your site
survey do not require roof,
electrical or other upgrades