Key points about PPA’s

A PPA is a solar contract where the homeowner doesn’t own the solar system — instead:

• A third-party company installs and owns the system.

• The homeowner agrees to buy the power it generates, usually at a fixed or escalating rate per kilowatt-hour (kWh).

• It's not a loan — the homeowner pays only for the electricity used from the panels, not for system ownership.