Is $148 to install a solar power purchase agreement (PPA) a fair price?
Project Details
I am currently on a budget billing plan with Georgia Power, and my current bill is $287 a month, which has significantly increased from $226 monthly over the last year and a half. My roof is fully exposed to the sun all day with no trees. I've used an online calculator and even at the 25-year mark, the PPA monthly payment would still be cheaper than my current budget billing. I am not currently in a position to buy solar outright. I am wary because it seems too good to be true and was offered by a door knocker. I have no plans on selling the house. The PPA would be about $150 a month, which is nearly half of my current power payment.
Quote Details
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
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More Details
Category
Solar
Price
$148
Quote Date
October 19, 2025
Location
Georgia
Battery Storage?
No
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