Is the Sol Upfront contract right for me?

Is the Sol Upfront contract right for me?

Cash-out your SRECs all at once with one pre-payment.

What are the advantages of Sol Upfront?

Sol Upfront provides the customer with a one-time pre-payment for their system's SRECs. All risk associated with fluctuating SREC prices and market conditions is eliminated. You will only receive 1 payment for the duration of your contract term

Which financial profile is best suited for Sol Upfront?

Sol Upfront is best suited for risk-averse customers that are interested in receiving immediate cash for their solar system. 

What are the tradeoffs of Sol Upfront?

With Sol Upfront, payments per SREC are lower due to the nature of a pre-payment paired with total elimination of price and policy risk for the customer.

Can customers switch from Sol Upfront to another contract?

Customers must stay in their Sol Upfront contract until the designated term of 5, 10, or 15 years is completed. Customers are also unable to sell their property within this timeframe, or they will be contractually obligated to return the contract payout amount back to Sol Systems, which is calculated based upon how many SRECs were not delivered as well as "Cost to Cover" termination fees, which may result in a higher amount than the upfront payment, altogether [See Article IV Section C of the Upfront Contract].  In order to remain in compliance with the contract terms, the customer must additionally be signed up for remote monitoring, so that throughout the remainder of the 15 years, Sol Systems can continue to report customer's meter readings automatically, each month.