chippyo

Is $163,000 to prepay a 25-year solar lease a fair price?

Project Details

I I’m potentially purchasing a home in California with a SunRun installed solar system. It’s currently in year 2 of a 25 year lease. Current payment is 700/month with a 3.5% escalator every year. I’m insisting that the system be paid in full by the seller before close of escrow on the house both to get out of what appears to be a terrible lease and to not deal with SunRun going forward. Even the customer service rep I spoke with was shocked at how much the system and payments were. Other than not taking over lease payments, what other pitfalls do I need to look out for with this system? I also want to know what roof+interconnection paperwork would be and if a home inspector would produce it or if it comes from Sunrun.

Quote Details

This option is for prepaying an existing solar lease for a system installed by SunRun. - System Size: 19 kW - Panels: 28 - Batteries: Two Tesla batteries - Lease Term: 25 years (currently in year 2) - Current Monthly Payment: $700 - Annual Escalator: 3.5% - Estimated Annual Generation: 19,000 kWh

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More Details

Category

Solar

Price

$163,000

Quote Date

November 13, 2025

Location

California

Battery Storage?

No

# of Panels

28

System Size (kW)

19

Warranty (yrs)

25

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