Prepaid PPA: The amount shown in the header is the prepaid ppa payment, not the actual price of the system. In a prepaid ppa, the homeowner pays $27,462 once, upfront — no monthly payments — and the leasing company keeps ownership of the system and claims the incentives, including the 30% ITC. The savings from those incentives are passed on to the homeowner, which is why it is priced way below the market price. If the homeowner bought the system instead, they would have paid about $39,231, estimated.
Prepaid PPA$27,462Prepayment financed by loan
Breakdown
Solar System$27,462(~$1.99/W)$39,231 (~$2.84/W) if purchased
Buying this system outright would cost about $39,231 (~$2.84/W) — you're leasing it for $27,462, about 30% ($11,769) less, mostly the federal tax credit passed through the lease.
Prepaid Amount (upfront)$27,462
Term25 years
Prepayment financed by loan — the loan on this quote funds this prepaid amount; they are one bundled offer, not two alternatives. See the Loan tab for the payment terms.
Buyout OptionAvailable (Year 5)
Buyout terms: Transfers ownership at 5 years. Propel owns the panels until year 5.
ProviderPropel
Solar Panels
REC Solar
REC460AA PURE-RX
30 panels460W each
Inverter
Enphase Energy
IQ8X-80-M-
Annual Production
14,250 kWh
Energy Offset
68%
Figures marked with ~, ≈, or "Est." — and derived values such as price per watt, price per kWh, totals of payments, cash-equivalent costs, and savings-vs-grid comparisons — are calculated or estimated by AgentSolar from the quote's stated terms and, where noted, typical market data or projected utility rates. They do not appear in the quote document itself and may differ from actual contract terms or outcomes. All information on this page is provided for informational purposes only and is not financial, legal, or tax advice. Verify all numbers against the actual quote or contract before making decisions. AgentSolar makes no warranties regarding accuracy or completeness.
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