Is $23,700 to 25-year solar power purchase agreement (ppa) a fair price?
Project Details
A door-to-door salesman offered a no-cost PPA agreement. The homeowner's current annual consumption is 6,500 kWh with an average monthly bill of $100. The homeowner rejected the offer due to minimal savings ($10/month) and concerns about the 25-year commitment and impact on home resale.
Quote Details
A no-cost PPA agreement where the company owns, installs, and maintains the solar panel system. - 25-year contract term - Monthly payment of $79 (fixed) - Guaranteed production of 104% of annual consumption (approx 6,760 kWh) - Company covers all maintenance and installation costs - Agreement is transferable to new homeowners - Company retains all federal tax credits
You say...
Vote Distribution
These ratings are not endorsed by Quote Critic. They are submitted by other Quote Critic users like you.
More Details
Category
Solar
Price
$23,700
Quote Date
April 8, 2026
Location
Pennsylvania
Warranty (yrs)
25
Comments
No comments yet
Sign in to share your thoughts and ask questions.
Similar Quotes
25-year solar power purchase agreement (PPA)
This quote is for a 25-year Power Purchase Agreement (PPA) for a solar energy system. The monthly payment is fixed at $199 with a 0% annual increase. - Agreement Type: Power Purchase Agreement (PPA) - Term: 25 years - Monthly Payment: $199 - Escalation Rate: 0% annual increase - Service: Full service provided by the solar company - Ownership: Full ownership of the solar system transfers to the homeowner at the end of the 25-year term - Note: Specific system specifications (e.g., panel type, system size in kW) are not yet available.
Install a solar power purchase agreement (PPA)
This quote is for a 25-year Power Purchase Agreement (PPA) for solar installation, provided by Palmetto with EMPWR Solar LLP as the licensed installer. The agreement includes: - PPA Term: 25 years - Annual Escalator: 2.99% - Initial Monthly Payment: $147.69 - First Year Generation: 13,128 kWh - Initial Rate: $0.135 per kWh - Battery/Storage: Not included
Install a 6,758 kwh solar system and battery via a 25-year ppa
Solar Power Purchase Agreement (PPA) for a 6,758 kWh system. - Includes battery storage installation - 25-year contract term - $0.14/kWh starting rate - 2.99% annual price escalation - Provider responsible for all repairs and maintenance - Underproduction credit guarantee - $4,050 cash incentive paid to homeowner at installation - Option to remove system or buy at FMV after 25 years