What Is a Solar Power Purchase Agreement (PPA)? (2024) – MarketWatch

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Each solar financing option has advantages and disadvantages. When you buy solar panels directly, you see higher savings in the long run. You can also claim solar incentives since you are the legal owner of the system. A solar PPA only charges you for electricity generated, and the system provider assumes all installation and maintenance costs. However, you sign a long-term contract, meaning lower long-term savings since you are sharing the system with a provider.

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