If you’re looking for ways to decrease your electricity bill, you have probably already stumbled upon solar leasing and power purchase agreements (PPAs). To make an educated decision about whether leasing renewable energy is right for you, you must understand the pros and cons of it and ensure you have the necessary land. Pixabay
What Are Solar Leases and Solar PPAs?
Solar leases and PPAs essentially allow you to rent a solar panel system that a solar company will put on your roof. You can use the energy the system generates to decrease your electricity bill. Most solar leases and PPAs have no upfront costs, but custom down payment and prepaid options are also available.