Power Purchase Agreements (PPAs)

Buy the power, not the hardware. A Power Purchase Agreement is a highly efficient financial strategy for homeowners who want lower energy bills without taking on a single dollar of personal debt. Instead of renting the solar equipment for a fixed monthly fee (like a standard lease), you simply agree to buy the clean electricity the panels produce at a locked, heavily discounted rate.

• The Strategy: A third-party financing partner fully funds, installs, and maintains the solar system on your roof at $0 upfront cost. They claim the corporate tax incentives, and in exchange, they sell you the solar power generated on your roof at a pre-negotiated rate that sits significantly lower than Eversource’s volatile standard retail rates.

• The Metrics: You only pay for the exact kilowatt-hours (kWh) the system produces each month. During peak sunny months, you buy more solar power and drastically cut your utility dependency; during winter, your solar bill naturally scales down. Because your PPA rate is contractually locked against Connecticut’s unpredictable utility rate adjustments, you lock in long-term budget predictability for the next 20 years.

You eliminate out-of-pocket maintenance risks, shield your household budget from sudden utility hikes, and start saving money on your electricity from day one.