rcent on their monthly power bill with no upfront costs. Imagine that! You can have solar panels installed on your roof at no cost to you, your monthly power bill goes down and now you're producing a large portion of your home's energy needs. Seems like a no-brainer. And the best part is that as electricity costs rise in the future, your savings will increase. This is because with Solar Lease you can lock in a lower electricity rates for the term of your lease. More information can be found on the SolarCity website.
This system (often called a Power Purchase Agreement, or PPA) is growing in popularity, especially in states like California, Arizona and Oregon, where electricity costs and government incentives are high. Other companies that offer PPAs include Tioga Energy and SunRun. As electricity costs continue to rise in other states, there is no doubt that PPAs will become even more common across the country.
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