Is $232 to solar PPA with 0% escalator a fair price?
Project Details
I have been looking at going solar for a while. I know how people generally feel about PPAs, but I really think this one is a good deal. I've looked at many different proposals from SunRun, Trinity, etc., but I think this one is really hard to say no to, so I'm posting it here for advice.
Quote Details
This is a Power Purchase Agreement (PPA) for solar energy. - Escalator: 0% - Rate: $0.24/kWh - Monthly Payment: $232 The financing for this PPA is through Palmetto Lightreach.
You say...
Vote Distribution
These ratings are not endorsed by Quote Critic. They are submitted by other Quote Critic users like you.
Comments
No comments yet
Sign in to share your thoughts and ask questions.
Similar Quotes
Get a 4.0kW solar PPA system with a 2.5% escalator
This quote is for a Power Purchase Agreement (PPA) for a 4.0kW solar system, offered by Palmetto as a resolution to a dispute. - System Type: Power Purchase Agreement (PPA) - System Size: 4.0 kW - Monthly Payment: $35 - Escalation Rate: 2.5% - Estimated Total Cost (over term): $15,000 - PPA Rate: $0.27/kWh - System Operational Date: June 2, 2025 - Observed Performance (July-August): Exported 450 kWh, Used 88 kWh, Resulted in -$46 credit
Solar ppa with 3.5% escalator
25-year solar Power Purchase Agreement (PPA). - 3.5% annual price escalator - 90% cumulative lifetime production guarantee - Refund rate for under-performance calculated every two years - Total estimated cost over 25 years: $110,000
Install a solar PPA system
This quote is for a LightReach Predictable Power Purchase Agreement (PPA) for solar installation, featuring a fixed solar rate and no annual escalator for 25 years. - Panels: 42 x VSUN 440 Watt Panels (VSUN440N-108BMH)- Inverters: 42 x IQ8MC-72-M-US [240V] (Enphase Energy Inc.)- Additional Equipment: 1 x Enphase Noise Filter, 2 x Enphase IQ Combiner 5- Racking: Tilt Racks (for 6 panels only)- Current Utility Rate: $0.2006 per kWh- Solar Rate (Year 1): $0.115 per kWh- Estimated First Year Monthly Payment: $179.65- Annual Escalator: 0%- Term: 25 Years