If you sign a solar lease agreement, you pay a monthly « rent » to Sunrun in exchange for electricity; If you sign an ECA, you agree to pay a fixed rate per kilowatt-hour (kWh) for the electricity produced by your solar modules. Like most other solar leasing companies, Sunrun leases and PPAs are usually 20-year contracts. Rob KainVivint SolarVP, investor Relationsir@vivintsolar.com 855-842-1844 Here is an example of your CCA bill. Remember that yours may look slightly different and CCA rates vary depending on where you live. Fortunately, solar bills are a bit simpler than your electricity bills. Solar companies don`t have access to all of your distribution company`s data regarding your usage, so most of the information you receive from your solar company relates to panel production and the amount of solar energy you produce. Your bill can be as simple as the following: Next, the electricity bill. If you think, « Wait, I have two bills now? » stays with us. It may be a bit confusing to have two bills at first, but don`t be fooled. Your solar modules still produce cleaner and cheaper energy for you than the refueling company – you might just have to calculate a bit to find out how much you save. The good news is that the electricity bill portion of your savings equation should be the same. For most energy bills, there are basically two or three parts: monthly payments to Sunrun: each sunrun offer is based either on a pro-kWh tariff (in the case of a PFA) or on a monthly lump sum payment (in the case of a lease agreement).
This is one of the most important figures in your Sunrun offer. If you want to make significant savings, if you sign up with Sunrun for a solar lease or ECA, your total monthly payments should be much lower than an average electricity bill from your distribution company. Whether you choose to buy or rent your solar modules will depend on your financial situation and the reasons for solar energy. While owning your solar modules offers much larger 20-year savings, solar leases can be a better deal for homeowners who can`t qualify for tax credits or other discounts and incentives. . . .