Taking over SunStrong (Sunova) solar lease during closing on a house—any tips?
Hi there - We are in contract to purchase a home in the East Bay. The owner had a 5900 KWh solar Sunnova solar system in stalled in 2017 as a lease. It produced about 7.9 MWh last year. The rate is approximately $143/month at this point, increasing 2.9% per year, and we don't really have any option except to take over the lease. Does anyone know if there is anything I can do to get any sort of better terms? It seems like it's not easy to buy out the lease, at least not at a great rate. Currently it is producing electricity valued at more than the monthly lease payment, and it has PG&E NEM 2.0 through October 2037. It is also producing more energy annually than the guaranteed amount in the contract. Thanks!