Exit Provisions
For pay-as-you-go subscription types, providers require a long-term agreement, typically around 25 years. This allows them to finance the solar power installations. It is a long commitment, but they also usually offer several ways to exit the agreement early at no or low cost.
TYPES OF EARLY EXITS:
Moving Within Territory
This provision addresses whether you can transfer your community solar subscription agreement to a new house or facility within the territory covered by your utility's community solar program.
This is usually allowed for little or no cost.
Transfer to Someone Else
This provision addresses whether you can transfer your community solar subscription agreement to another subscriber. Unless otherwise stated, the recipient must be in the same rate class. For example, if you are a residential customer, the recipient must also be a residential customer.
This is usually allowed for little or no cost.
Move Out of Territory
This provision addresses what happens if you have to exit your community solar subscriber agreement because you move out of the territory covered by your utility's community solar program.
This is usually allowed for little or no cost.
No Fault Exit
This provision addresses what happens if you have to exit your community solar subscriber agreement because of an emergency resulting in you no longer being able to receive bill credits (e.g. death).
This is usually allowed for little or no cost.
Other Exit
This exit provision addresses what happens if you have to exit your community solar subscriber agreement for a reason other those listed above. Providers try to discourage breaking subscriber agreements, so the fees for deciding to exit without a qualifying reason can be expensive.
This is usually allowed, but at a moderate to high cost.
Before Your Solar Installation is Built
Because providers need subscribers to finance their solar installations, they sign up subscribers before operation begins. What happens to your community solar subscription if the installation isn’t built on time, or isn’t built at all? Quotes received from providers through A-Sharp Energy will specify what happens. Often you can exit the agreement at no cost if the installation hasn’t been built within a specific period of time.
Understaing Your Exit Provisions
Through A-Sharp Energy, providers will provide their key transfer and exit provisions as part of their quotes. However, it is important that you review and discuss the subscriber agreement with the provider before you sign, as it is the definitive agreement, and you are ultimately responsible for what you commit yourself to.
ABOUT SUBSCRIBER AGREEMENTS
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