With a solar lease or solar ppa you do not own the solar panels on your roof instead you make monthly payments to a solar company for the energy the panels produce free solar panels are not a scam however you get lower long term savings with solar leases and solar ppas than you do with other solar financing options.
Companies offering free solar panels.
It sounds too good to be true.
A company such as sunrun or.
Spurred by the new feed in tariff scheme that pays small scale generators of green electricity a glut of companies are offering to fit thousands of homes with solar panels for free.
We also provide natural gas to more than 145 000 customers in the reno sparks area.
Nv energy proudly serves nevada with a service area covering over 44 000 square miles.
Tapping into the sun s free energy isn t cheap.
I first mentioned this proposition known formally as a power purchase agreement two years ago.
It requires a significant up front investment in equipment and expertise to install your system upgrade your circuit box for a grid tie in or establish a battery back up system.
Our step by step guide gives you tools to understand solar and maximize your savings.
Ever seen a solar company promote an offer for free solar panels the offer sounds too good to be true and unfortunately it is.
Here are some examples.
Plus you re eligible for austin energy s value of solar.
In a nutshell if you choose a power purchase agreement ppa like our rateguardian tm ppa or a solar lease we will put solar panels on your roof for no money down free but you will not own the system.
We provide electricity to 2 4 million electric customers throughout nevada as well as a state tourist population exceeding 40 million annually.
In general any company that says they ll install free solar panels on your roof is actually offering a solar lease.
Among the many communities we serve are las vegas reno sparks henderson elko.
While texas doesn t have a statewide solar tax credit or solar rebate program many utilities large and small and local governments offer incentives to homeowners who want to go solar.
But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.
Free solar panel installation.
Yes the solar panels will be installed on your home for no money down but you will have to pay the leasing company every month to lease the panels and those leases typically last 20 years.