Knowing what goes into any contract is important. The last time you didn’t read the fine print before signing something, you probably ended up with an inbox full of spam.
In the case of solar, we’re talking about something that’s going to be with you for years. And that’s why you’ve got to be sure that the contract you sign has your best interests at heart.
That’s why, today, SolarCity is publishing our residential solar contracts. We’re proud of them, and have worked hard to make the contracts transparent and fair for consumers. These contracts have been more scrutinized than a bottle of kombucha in a TSA security line.
And because a contract is by nature a fairly dense document, we’re pairing it with a simpler, more friendly infographic: Top 5 Solar Contract Tips. Most solar contracts will have their own wrinkles, but these five things should be present in every contract, no matter what.
Tell us what you think!
Update: As of October 2, 2013, the SolarCity Power Purchase Agreement (PPA) includes real time monthly billing. This makes a production guarantee unnecessary, as a customer will only be charged for actual production each month. There is no risk to the customer: you pay for what your system produces, no more and no less.