Sunrun Agreement

If you sign a solar lease agreement, you pay a monthly «rent» to Sunrun in exchange for electricity; If you sign an ECA, you agree to pay a fixed rate per kilowatt-hour (kWh) for the electricity produced by your solar modules. Like most other solar leasing companies, Sunrun leases and PPAs are usually 20-year contracts. Power Purchase Agreements (AAE) is a two-party contract that is a kind of third-party ownership (TPO). Electricity is purchased at a fixed rate, because the system does not belong to the owner of the house, but to the solar company. With a solar ECA, you enter into an agreement with the solar company to pay per kilowatt-hour for the electricity produced by their solar modules. Annual rate increase (also known as an «escalator»): It is important to note that the monthly payment shown in your Sunrun lease or PPP offer is only your first-year rate. Leasing contracts and PPAs have often incorporated into the contract an annual rate increase of about 3% per year. Everything was officially activated around February 19 of last year, so we missed all those months of production, but we still had to pay our monthly contract 2A. So, at that time, we were in a bad position. Things were finally ironed out and it was through Sunrun`s patience and consideration and really pleasant help. They were very nice.

Every step of the way, they say, «Oh, I`m sorry. We will try to fix it. But it wasn`t anyone`s fault. It was something about how things were set up. With a power purchase agreement, you pay for the electricity, not for the modules.2 We not only install and wait for your solar installation, but we also guarantee its power measured by the energy produced by your solar installation. Sunrun guarantees that your new solar installation will never be below 95% of the estimated energy output…