My wife and I are buying a house (closing in the next 1-2 months) in which the existing owners have entered into a lease (PPA) for 20 years. As part of the purchase of the house, we take care of the rest of the rent (only 3 years in). I don`t know much about solar power, but I got the agreement with last year`s electricity bills through the distribution company. During the summer months, the bill is between $0 and $7. Winter months no more than $30. By Art. Yes, electricity may be cheaper than utility, but compared to a purchase, it is usually 2-3 times more expensive over the duration of the contract. SAN FRANCISCO, August 18, 2020 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN) and Vivint Solar (NYSE: VSLR) announced today that Coatue US 24 LLC (“Coatue”), a vehicle associated with La Coatue Management, L.L.C. entered into a share purchase agreement with 313 Acquisition LLC (“313 Acquisition”) for the acquisition of 11,627,907 shares of Vivint Solar Shares in a private transaction. 313 The acquisition sold the shares to Coatue for $21.50 $US per Vivint Solar share, based on vivint Solar`s weighted average share price at 10 days, as of August 4, 2020, for a total purchase of approximately $250 million. Vivint Solar, Inc. (NYSE: VSLR) is a leading full-service solar supplier to private companies in the United States. With vivint Solar`s help, homeowners can supply their homes with clean, renewable energy and realize significant financial savings over time.

Vivint Solar designs and installs solar installations for homeowners and provides monitoring and maintenance services. Homeowners can not only purchase a solar installation directly, but also benefit from Vivint Solar`s affordable and flexible financing facilities, including power purchase or lease agreements, when available. Vivint Solar also offers more solar storage systems with LG Chem electric batteries and electric vehicle chargers with ChargePoint Home. For more information, visit or follow @VivintSolar on Twitter. 3. Energy consumption. Here`s the part that can really you off. Your electrical supplier charges you a throughput for the number of kilowatt hours you use (in kWh). Your electricity bill only shows the number of kWh you used from the grid, it doesn`t measure the amount of electricity you consume from your solar panels.

In other words, if you only used the electricity from your solar panels, that amount would be zero. Patrick JobinSunrunSVP, Finance – Investor 415-373-5206 But it will be even better – you also get the extra energy produced by your system. We do not charge for this additional performance like some companies.