This contractual mechanism allows a third-party developer to install, own, and operate the solar array on the customer's property, with the customer agreeing to purchase the electricity generated by that system, often at a rate lower than the local utility company's tariff. . Learn about Prepaid Power Purchase Agreements: the solar financing option where you pay a lump sum upfront to lock in long-term energy rates. With a history rooted in the solar industry and evolving to meet current market demands, these systems can offer significant. . In the quest for sustainable living and energy independence, prepaid solar leases have emerged as an attractive option for homeowners eager to reduce their carbon footprint while enjoying long-term savings. The concept is simple: A solar company installs and owns the system on your property. No ownership, no maintenance, immediate savings. » MORE: See our picks for the year's best solar. .
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