Lease/PPA Flashcards
(20 cards)
What is the minimum FICO required for our lease/PPA?
650
How much is due at signing with the Prepaid Lease/PPA?
$500
What is the ACH (autopay discount) for the lease/PPA?
$7.50
What are the customer’s options if they move?
Transfer the lease/PPA and payments to the next homeowner, prepay the remainder of the lease payments at a discount, or purchase the system for fair market value
Ona PPA/LEase, the 2.9% is what?
An escalator
Who gets the tax credit when the customer signs up for a lease/PPA?
Sunrun
How long is the battery replacement on a lease/PPA?
Length of the agreement (20 or 25 years)
How many monthly lease/PPA options can I offer? What are they?
two (2): 0% or 2.9% escalator
True or False: the monthly payment for the lease/PPA fluctuates based on production.
False
How long is the roof penetration warranty on the lease/PPA?
10 years
What percent of the production does Sunrun guarantee?
90%
How much is due at signing for the lease/PPA?
$0
How much is due at install for the lease/PPA?
$0
When is the first payment due for the lease/PPA?
60 days after PTO
How many days after the Agreement is signed does the customer have to cancel at no cost?
10 days
How much is the customer charged for overproduction?
Nothing! Overproduction is the customer’s at no additional cost.
Our system is designed to produce 12,000 kWh annually. The lease/PPA rate is 15 cents per kWh. What is the monthly payment for this system?
$150/month
Our system is designed to produce 15,000 kWh annually. The lease/PPA rate is 18 cents per kWh. What is the monthly payment for this system?
$225/month
A customer plans on being in their home for 5 years. Would you recommend the 0% or 2.9% escalator?
2.9%
Do customers pay for the energy or for the panels with a lease/PPA?
Energy
