Stuck in a long solar lease contract? Here's what you can do.
As more people realize their disadvantages, solar leases and power purchase agreements (PPAs) are shrinking in popularity, dropping from a high of 59% of the market in 2012 to only 37% in 2019. That’s still a sizeable chunk of the market, and some people regret signing these contracts. With 20 year contracts being common, solar leases can tie you up for a very long time. Many consumers sign them without doing adequate research, especially after being solicited by door-to-door or kiosk salespeople.