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FAQs
Is it better to lease or buy solar panels?
Leasing and buying solar panels come with their own unique advantages.
Purchasing solar generally requires upfront investment which can make it cost-prohibitive for many. That’s why Sunrun offers stress-free solar leasing so you can switch to solar for as little as $0 down. When you lease solar panels or pay for power through a Power Purchase Agreement (PPA), you are only responsible for a locked-in monthly payment. Since Sunrun owns the system when it is leased, we’ll also provide top-notch monitoring and maintenance during the length of your agreement, free of charge. That means clean, worry-free energy. And if it breaks, we’ll fix it.
We also know that many people want to own their equipment which is why Sunrun also gives you the option to buy your solar panels. When you own your solar system, you own your production and all the benefits that come with solar investment. That means solar incentives like state solar rebates, net metering and the federal solar tax credit will go directly to you. However, you’ll be responsible for any repairs and maintenance your solar system needs outside the scope of your solar system’s warranty.
To learn more about which solar plan is right for you, get connected with one of our solar advisors today at 833.324.5886.
How many solar panels will my home need?
Every household is different. When determining the number of solar panels your home needs, consider the following questions:
How much power do I need? Check your electric bills to see how many kilowatt hours (kWhs) you use throughout the year. We’ll go over this with you in detail during your free solar consultation to figure out just how much power your panels will need to produce.
What’s your climate like? The number of panels you need depends on how much sun reaches the ground where you are.
How much direct sun hits your roof? Shading, which direction your roof faces, and any aesthetic preferences you have can impact how big your system needs to be.
How long do solar panels last?
When considering investing in solar, you might wonder how long home solar panels last. Studies show that solar panels can last anywhere from 20 to 30 years or sometimes longer.9 Still, this doesn’t mean that the solar panels on your roof will stop producing electricity after a couple of decades. It just means their energy production will decrease by what solar panel manufacturers consider optimal to meet the average household’s energy needs.
How do home batteries work?
Your home battery or batteries will allow you to store the electricity your solar energy system produces during the day and use it when you need it most—such as in the evening during the time of use (TOU) peak pricing or when the electric grid fails due to an extreme weather event or physical damage to the equipment. (See below for more information on TOU peak pricing and whether it applies to your jurisdiction).
What happens if I move?
We have an entire team of professionals standing by to help you transfer your contract, if applicable, to the new owners. Sunrun makes it easy to pass your solar lease or power purchase agreement (PPA) to the new owners. Our Service Transfer Specialists handle everything from educating realtors and potential buyers to working with escrow officers, title agents, home inspectors, and anyone else who might need to know about your system and solar lease or PPA agreement.
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