Sunnova offers four types of solar service agreements. They all include our best-in-class warranty and performance guarantee for zero down, but each comes with its own set of additional benefits.1
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|Easy Save Simple||Easy Save Monthly||Easy Own||Easy Save|
|Agreement term||25 years||25 years||25 years||25 years|
|Federal tax credit to homeowner7||No||No||Yes||No|
|24/7 system monitoring||Yes||Yes||Yes11||Yes|
|Purchase option||Yes – ownership available after 5 years||Yes – ownership available after 5 years||Immediate ownership7||No|
With the Sunnova Easy Save Simple PPA plan, you’ll pay a steady monthly amount over each 12-month period. Plus, your system is covered by Sunnova Protect, our industry-leading, 25-year warranty.Learn More
With the Sunnova Easy Save Monthly, you'll pay only for the energy your solar system produces . Your system is covered by Sunnova Protect, our industry-leading, 25-year warranty.Learn More
Enjoy the benefits of owning your solar system without the hassles of traditional solar ownership. You'll be covered by Sunnova Protect, our industry-leading, 25-year warranty.Learn More
With the Sunnova Easy Save lease plan, enjoy the security of steady monthly payments. Your solar system will be covered by our industry-leading, 25-year warranty, Sunnova Protect.Learn More
1 Easy Save Simple, Easy Save Monthly, Easy Own and the Easy Save may not be available in every area. All solar service agreements are transferable in the event you sell your home.
2 You will sign a lease contract. No amount is due upon installation. No security deposit is required. You will lease the solar energy system for a 25-year term. You will make a monthly payment. If you choose a lease plan with escalator, your monthly payment amount will increase each year, effective the first month of the second year, based on the percentage of the applicable annual escalator. This rate may not measure the overall cost of financing the lease. An extra charge may be imposed at the end of the lease term.
3 Easy Save Simple monthly payments are fixed over a 12-month period and may be adjusted annually to more accurately reflect actual production, or to incorporate any escalator that may be included in the solar service agreement.
4 Easy Save Monthly monthly payments will vary based on solar system production.
5 Monthly payments are fixed unless customer chooses not to make the optional additional payment in month 18, in which case payments will increase.
6 Monthly payments are fixed unless the service agreement has an escalator. In that case, the escalator will be applied annually, so the monthly payment will increase at the beginning of each 12-month period, starting in year 2 of the service agreement.
7 Homeowners may be eligible for a federal Investment Tax Credit (ITC) with the purchase of a solar. To receive the full federal tax credit, they must have federal income tax liability at least equal to the value of the tax credit. Additional tax credits or SRECs may also be available for homeowners in certain states and territories. Sunnova makes no guarantees regarding customer eligibility for these benefits. Sunnova does not provide tax advice. Contact your personal tax advisor for eligibility requirements.
8 Solar system’s cumulative production will be evaluated at the end of each 12-month service period to validate annual performance guarantee.
9 Solar system’s cumulative production will be evaluated each year, beginning on the third anniversary of the service agreement, to validate annual production guarantee. It doesn’t not apply for FL, HI and PR.
10 Service agreement can be transferred to the new homeowner. Sunnova’s approval required. Some restrictions apply.
11 Sunnova does not offer system monitoring in the state of Florida. Refer to your service agreement for complete terms and limitations.
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