Solar PPA / Lease
Going solar is feasible
Let Vivint take care of the initial costs of converting to solar. Choose a power purchase agreement that requires little to no money down with a reliable
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Is a PPA right for you?
A solar power purchase agreement (PPA) potentially offsets the customer’s electric utility bill. The developer takes care of getting the solar energy system up and running at little or no cost to the customer—from design and financing to permits and installation. The customer pays for the power generated at a fixed rate, typically lower than the cost of local utilities.
Speak to a Vivint solar specialist to see if a PPA is right for you.
Financial incentives for going solar
federal solar incentives
Federal Solar Investment Tax Credit (Solar ITC)
The Solar ITC is available to all U.S. residents who owe federal taxes. With it, a portion of your project costs can be deducted from your tax obligation, reducing the amount of taxes you owe. The credit is worth 26% of your project costs in 2022, 22% in 2023, then expires for residential projects at the start of 2024. On a $10,000 solar project, the credit would put $2,600 back in your pocket, significantly speeding up your payback period.
state solar incentives
Solar tax credits available
There are also state solar incentives and city-level programs available to encourage solar adoption. In most cases, state and local programs stack with the federal incentive, meaning you save even more. We’ll help you find all applicable solar rebates and apply them to the cost of your system. Solar incentives vary among states and utility companies, and rebate levels can fluctuate. Give us a call for the most up-to-date information about current state solar incentives.
Be compensated for your
In participating states, homeowners receive energy credits for the solar power they produce, called Solar Renewable Energy Certificates (SRECs). State regulations require utility companies to generate a certain amount of electricity from renewable sources. Utility companies buy SRECs from homeowners to meet these requirements. In short, you are compensated for generating clean energy.
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How much does it cost to go solar?
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Add some basic information to our solar calculator, like your location and current energy usage, and we’ll provide a customized estimate for powering your home with solar energy.
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*Freedom Forever 25-Year Production Guarantee:
Subject to the terms of each customer's individual Supply and Installation Agreement with Freedom Forever, including all conditions and exclusions set forth therein, Freedom Forever provides a 25-year production guarantee that a customer’s Solar PV System will produce a certain minimum number of kilowatt-hours of electricity annually. Terms, conditions, and exclusions may vary from customer to customer. Click here for more details.