Is $254 to enter into a solar power purchase agreement (PPA) a fair price?
Project Details
I was already looking for a PPA myself as it's what works for me, so please save me the lectures. I just wanted to share what we negotiated. I feel that it's a fantastic deal considering there's no escalator. My energy provider charges me about $0.032/kWh.
Quote Details
This quote is for a Power Purchase Agreement (PPA) for a solar system on a new build home, including battery storage. The system is owned by LightReach, and the homeowner agrees to purchase the power it generates at a predictable rate. LightReach will install the system. - System Size: 9.890 kW DC solar system - Estimated First Year Production: 12,253 kWh - Upfront Fees: No upfront equipment or installation costs - Initial Power Rate: $0.110 per kWh - Initial Monthly Payment: $254.10 per month - Rate Escalation: 0.00% per year - Performance Guarantee: LightReach provides a performance guarantee and will credit the homeowner the difference if the system does not produce as expected. - Battery Storage: Includes 2 Powerwall units (1 Powerwall and 1 expansion battery)
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More Details
Category
Solar
Price
$254
Quote Date
October 3, 2025
Location
Texas
Battery Storage?
No
System Size (kW)
9.890
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