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Updated about 2 years ago on . Most recent reply
In Southern California is it worth it to agree to a solar power purchase agreement?
My electric company, Southern California Edison, is changing its net metering rules to become very unfavorable to new solar customers. If I get solar before April 14th, I'm grandfathered into the current rules (NEM 2.0) for 20 years, and it is much more favorable to me.
I'm looking at a 6.4 kW/10,000+ annual kWh system under a power purchase agreement (PPA) for $155 per month with no escalator. It is cheaper than ownership because I do not qualify for the 30% federal tax credit.
My question is, if I want to sell my house (I live in Victorville, CA), will the PPA contract grandfathered in at NEM 2.0 be a problem to pass on to the buyer, or will I lose a lot of money paying off the PPA?
I realize we might be entering some difficult times in Real Estate, and that some home improvements don't pay for themselves when you sell. I've read that PPAs are a hard pill to swallow, but this PPA has no escalator and will be grandfathered into more favorable net metering rules.
Most Popular Reply

If you have any clients looking into it have them reach out to me and I'd be happy to walk them through it.