SunRun | Solar Lease | Power Purchase Agreement
SunRun is a new financial services company founded in 2008 that provides solar lease and power purchase agreements through a network of independent solar installers. SunRun offers a residential solar lease to homeowners in Arizona, California, Colorado, Hawaii, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania.
SunRun Home Solar Lease
Many people want solar for their home, but don't want to spend upwards of $10,000 to purchase home solar power systems. Solar financing makes residential solar energy more affordable. SunRun specializes in solar leasing and power purchase agreements. SunRun will purchase the system for you and because we own the system, we take complete care of it, including maintenance, repairs, monitoring and insurance. We also recommend the best installer for your home solar installation, and make sure all of your questions about home solar power systems are answered throughout the process of going solar. SunRun offers power purchase agreements or solar leasing depending on where you live. SunRun owns and maintains more systems than any other company and is the leading home solar financing company in the nation.
SunRun Home Power Purchase Agreement
With a power purchase agreement (PPA), you agree to pay a set rate for the electricity that your system produces. SunRun offers a residential solar power purchase agreement to homeowners in Hawaii, Massachusetts, New Jersey, Oregon, Pennsylvania, and most of California. This fixed rate is generally lower than what you're paying your utility today and protects you from future utility rate increases. Some states and cities do not accommodate power purchase agreements. In these areas, SunRun offers solar leasing. With a lease, you pay a low monthly fee to lease solar panels and use the solar electricity for your home.