Sentences with phrase «leasing of solar power systems»

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Of the more than 300,000 solar power systems the company has installed, the majority are under leases and PPAs and are contracted to generate more than $ 8 billion in customer payments over the next 20 years, and up to $ 4.8 billion more with customer renewals after year 20.
These power purchase or lease models drastically simplify the process of going solar (at a price), avoiding the work of managing tax credits, utility or state rebates, and system maintenance.
Nearly three - quarters of residential solar PV systems were owned by third parties in 2014, either via leases or PPAs (power purchase agreements), according to GTM Research.
The only real difference between these types of contracts is that the lease has a fixed monthly payment and the PPA has a payment for each «kWh» of power produced by the solar system.
The payback period from installing solar panels in California is usually between 4 and 8 years depending on the size of the system, the brand of solar panels you buy, the amount you were previously paying for power and whether you lease or buy your system.
Residential home solar power customers are increasingly choosing to purchase a solar electric system for their property over leasing or signing a Power Purchase Agreement (PPA) to take advantage of lower system costs, the 30 % Federal Investment Tax Credit (ITC) and the better payback economics of owning a solar sypower customers are increasingly choosing to purchase a solar electric system for their property over leasing or signing a Power Purchase Agreement (PPA) to take advantage of lower system costs, the 30 % Federal Investment Tax Credit (ITC) and the better payback economics of owning a solar syPower Purchase Agreement (PPA) to take advantage of lower system costs, the 30 % Federal Investment Tax Credit (ITC) and the better payback economics of owning a solar system.
This «one - stop shop» provides you with all the information you need to understand the relative costs and benefits of buying versus leasing your solar power system.
Before you make a decision on buying or leasing your solar power system, explore all of the solar financing options available to you.
IKEA owns and operates each of its solar PV energy systems atop its buildings — as opposed to a solar lease or power purchase agreement — and globally has allocated $ 1.8 billion to invest in renewable energy through 2015.
Another type of solar lease, called a power purchase agreement, or PPA, requires customers to pay a set amount for every killowatt hour the solar system produces.
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