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A clause of most leases and PPAs that increases payment rates by a fixed amount per year. A typical escalator is 2.9 percent.
Solar loan: A loan provided by a bank, credit union, or specialty provider to finance the cost of buying a solar PV system.
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*Suntuity is a registered trademark of Natural Power Sources LLC D|B|A Suntuity. A solar power system is customized for each home, so pricing and savings vary based on location, system size, roof condition and roof space, azimuth, tree location, government rebates, and local utility rates. Savings on your total electricity cost is not guaranteed. Financing terms and warranties vary based on location and are not available in all areas.
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