The reason behind the 25-year duration of Sunnova solar service agreements is simple: long-term peace of mind. Utility rates are unpredictable because they are tied to fossil fuels and, as a result, dependent on the ups and downs of a commodity market. When you consider the fact that you must do business with your utility company for as long as you need electricity, 25 years of sustainable, readily available solar power doesn’t seem like a long time at all.
With Sunnova Solar as a Service, you’ll benefit from the choice of a lower rate per kWh for the lifetime of your solar service agreement and never have to worry about out-of-pocket expenses for maintenance or repairs. That means simpler, more predictable budgeting for your energy costs for the long haul.
Think of the solar service agreement as proof of our commitment to you -- a document designed with life’s milestones in mind. If you move, you can easily transfer the agreement to the new homeowner. Likewise, should your agreement outlive you, your heirs will enjoy the benefits of solar power simply by continuing to make the monthly payments for the remainder of the agreement term.
As an added bonus, your solar service agreement means you’ll be doing something good for the environment for 25 years. Your wallet and the world will both be a little better off because you chose solar power.
What happens to the system after the 25-year term?
We strive to keep things simple for you, including the completion of your agreement. At the end of the original 25-year term, you have the option of renewing your solar service agreement for up to two successive five-year terms. If you choose not to renew the agreement at the end of your 25-year term, Sunnova will remove the system at no cost to you.
What happens if my solar service agreement outlives me?
In the event of your passing, your heirs will be able to enjoy solar savings by simply continuing to make the monthly payments for the remainder of your agreement term. This can help you leave a legacy of savings when the time comes.