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What is a solar lease or Power Purchase Agreement? | Merrimack Solar NH
Demystifying PPAs & Leases
A solar lease or Power Purchase Agreement (PPA) removes the traditional barriers to going solar. Instead of buying the system, you essentially pay for the energy it produces at a predictable rate (PPA) or rent the equipment (lease). For homeowners in Merrimack, NH and NH & MA who want to cut energy costs without a large upfront investment, these financing models provide an easy, low-risk pathway into solar.
How a PPA Works
Pay for Production
You buy the solar electricity your system generates at a set rate, often lower than utility prices.
No Upfront Cost
Start saving without a big initial payment.
Maintenance Covered
The provider handles upkeep, letting you enjoy stable savings without extra burdens.
Who Benefits from a Lease or PPA?
A lease or PPA suits homeowners who prefer immediate savings and predictable monthly costs. If you might move within the next decade, can’t directly use tax credits, or simply don’t want the long-term responsibilities of ownership, this model keeps solar simple. You get cost stability, and someone else shoulders the complexity of system ownership.
Testimonials from Curious Homeowners
“Before learning about PPAs, I thought solar was too pricey. Now we pay less than our old electric bill and love the simplicity.”
– Randy S
“We had no interest in big loans or tax paperwork. A lease was perfect—just a monthly fee and done.”
– Fiona H
“The explanation Merrimack Solar gave us made it clear. We chose a PPA, and our energy budget is now totally predictable.”
– Oscar D
Frequently Asked Questions
How is billing handled under a PPA?
You receive a monthly bill from the provider, reflecting the solar electricity produced. It’s straightforward and transparent.
What happens after the contract ends?
You may have options to renew, purchase the system at a fair market value, or remove it if you prefer.
Can I upgrade the system or add battery storage later?
It depends on contract terms. We’ll discuss potential adjustments before you sign.
Am I eligible for these agreements?
Most homeowners qualify, but credit checks or other criteria may apply.
Ready to Explore a PPA or Lease?
If a simple, cost-effective solar approach appeals to you, contact Merrimack Solar. We’ll discuss your goals, review incentives, and help you choose between a lease, PPA, or other financing methods. Start enjoying solar savings without the complexity of ownership.
