At the end of the term: when your contract expires, you can either buy the system directly, have the leasing company removed, or leave the system on site and renew the contract with the owner. Subscription Can be purchased separately in cash or on loan At that time, Powerwall cannot be added to the subscription contract, but you can purchase Powerwall separately. Value added for your solar subscription with a Powerwall that offers backup power and greater energy independence. A solar electricity sales contract (PPA) is a financial agreement whereby a developer organizes the planning, approval, financing and installation of a solar installation on the land of a client too little or no cost. The developer sells the electricity produced at a fixed price to the host, which is usually lower than the local distribution company`s retail price. This decrease in the price of electricity is used to compensate for the purchase of electricity from the grid by the customer, while the developer receives the revenues from these electricity sales as well as all tax credits and other incentives of the system. PPAs are typically between 10 and 25 years old and the developer remains responsible for the operation and maintenance of the system for the duration of the agreement. At the end of the PPA contract term, a customer may be able to extend the PPP, have the system removed from the developer or purchase the solar installation from the developer. Subscription payments are made as soon as your system is activated. Your deposit covers your first month of service. Then your monthly payment will be processed on the anniversary of your system`s activation date.
You can cancel your subscription at any time with no cancellation fee. After the cancellation, your solar panels will be turned off and will remain on your roof until you decide to reactivate them or have them removed at a time acceptable to both parties. If you want your system removed, Tesla will do the system removal work at your cost of $2,500, unless otherwise stated in your contract. Tesla has several financing options for solar panels to meet your needs. The decision to subscribe or buy your system depends on your preferences as a homeowner and thinking about the length of your stay in your home. You can change your financial payment options until installation begins. The language contained in the contract, such as Z.B. Terms, guarantees and guarantees, is specific to your type of contract and cannot be changed.
Although the contract is not long-term, there are some restrictions.