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Is $0 to install a 4.1 kw solar system via a power purchase agreement (ppa) a fair price?

Project Details

New homeowner on the East Coast whose roof is in poor condition and needs replacement soon. Current electricity cost is $0.163/kWh and the homeowner intends to stay in the house long-term.

Quote Details

A no-upfront-cost solar solution where the homeowner pays for the energy produced by the panels. - Rate: $0.125/kWh - Annual escalator: 2.9% fixed increase - Equipment: Hanwha Q.Peak Duo BLK ML-G10+ 410 panels - Inverters: Micro-inverters for each panel - Option to purchase the system after 5 years - No battery included

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More Details

Category

Solar

Price

$0

Quote Date

April 8, 2026

Location

New Jersey

Battery Storage?

No

# of Panels

10

System Size (kW)

4.1

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