PPAs Explained: Predictable Energy, Contract Nuances
With a PPA, you typically pay for energy, not equipment, so maintenance and performance responsibilities stay with the provider. That can create predictable rates and remove repair headaches. The biggest pro is easy entry; the biggest comfort is having someone else accountable for production over the life of the agreement.
PPAs Explained: Predictable Energy, Contract Nuances
Some PPAs include annual price escalators that slowly erode savings compared to utility rates. Long terms can complicate selling a home, since a buyer must assume the agreement. These cons are manageable if you verify escalator percentages, understand buyout options, and confirm transfer policies before signing anything binding.