Frequently Asked Questions
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Not necessarily. At Vivint Solar, we install the solar panels at little to no upfront cost, and our Solar PPA customers typically buy electricity from us at a lower rate* than their utilities. We also sell systems at competitive prices, and have relationships that can help you finance the purchase.
Today, many Vivint Solar customers pay up to 40% less than their current utility rate**. Three factors affect whether you will save with a Solar PPA or Solar Lease:
- How many panels your home will qualify for
- How much electricity your household uses
- Your current utility rate
When you purchase a system of your own, other factors affect your potential savings. We can help you evaluate those factors after we conduct a site survey at your home.
That depends on whether you purchase power, lease a system, or buy a system. We offer customers a number of different payment plans. Please refer to our product offerings section for more information about the cost benefit of each plan.
Many Vivint Solar customers save up to 40%** on a yearly basis with a Solar PPA or Solar Lease. Monthly savings will fluctuate due to weather, length of month, and the amount of energy used in your home. Results vary for Solar Cash Purchase and Solar Financing customers.
With a Solar PPA, you will still pay for the energy that the system produces. If you choose to go with a Solar Lease or Solar Financing, you will pay the monthly payment.
Depending on the net metering laws and utility provider in your state, excess energy generated may roll over as a credit toward the next month’s bill (credited on an annual basis), or paid to customers as a refund.
*$0 due upon contract signing, for qualified customers subject to service availability.
**Savings on the total electricity costs is not guaranteed.
Still Have Questions?
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