If you find yourself frequently away from home or spending most of your time at work, you might wonder if solar power is right for you. It might seem logical to stick with conventional electricity if you’re not there to use the solar energy your panels produce.
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This topic needs to be addressed by an actual solar installer. Too many large websites like Forbes, MarketWatch, ThisOldHouse.com, and others discuss the costs of solar without necessarily having the credibility to provide REAL and ACCURATE pricing. While these sites may have the best intentions, their numbers are often far off the mark.
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There are probably over 100 different questions we get asked about a solar PPA during a solar consultation, but the question of what happens if I don’t pay my solar PPA is not one of those common ones. At least one we don’t typically get IN PERSON. However, I have been asked it a few times in my career, which means it does deserve an article of it’s own. Who’s to say other people aren’t at least thinking the same thing?
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Is solar free? The answer is, no.
It may take hundreds of years for any form of electricity to ever be free. No matter what, if you want a cool home in the summer and lights on at night, you will need to pay for that electricity.
Can you live off the grid and no longer be reliant on a single utility provider and have no electric bill? It’s possible – depending on where you live – but that is not really what we are talking about here. And the fact is, you will still have to pay for something in that off-grid scenario. Solar panels and batteries are certainly not free.
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I felt compelled to write an article addressing this question because when I recently did a Google search on Cash vs PPA/Lease, I was quite surprised at all the non-solar company websites like Marketwatch, Solarreviews, CNET, EnergySage, etc talking about the cons and drawbacks of a solar PPA and lease and only talking about the surface level issues with these options.
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