Is $180 to install a solar PPA system a fair price?
Project Details
I am evaluating this solar PPA quote and want to know if it's a good offer. I'm also interested in understanding the best way to go solar.
Quote Details
This quote is for a LightReach Predictable Power Purchase Agreement (PPA) for solar installation, featuring a fixed solar rate and no annual escalator for 25 years. - Panels: 42 x VSUN 440 Watt Panels (VSUN440N-108BMH)- Inverters: 42 x IQ8MC-72-M-US [240V] (Enphase Energy Inc.)- Additional Equipment: 1 x Enphase Noise Filter, 2 x Enphase IQ Combiner 5- Racking: Tilt Racks (for 6 panels only)- Current Utility Rate: $0.2006 per kWh- Solar Rate (Year 1): $0.115 per kWh- Estimated First Year Monthly Payment: $179.65- Annual Escalator: 0%- Term: 25 Years
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More Details
Category
Solar
Price
$180
Quote Date
October 14, 2025
Battery Storage?
No
# of Panels
42
System Size (kW)
18.48
Warranty (yrs)
25
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