Is the solar system an asset or an expense?
Your solar system is an asset. Do not think of this an another renovation expense to your home. You are buying your own utility company that will pay you monthly for the next 20 years. • As long as you own your building, you can operate your system and collect the revenue it generates • Contracts are assignable, so that they may be carried on by other people than the ones that originated the contract. • If you sell your home, business and/or building, you have a couple of options: • Systems that are not permanently attached to the roof can be taken with you. Our flat roof-mount ballast system means that the system is not permanently attached to the roof or building, so it can be packed up and plugged in at a new location. • Sell your solar system as an additional income source. The OPA contracts are transferable, so the new owner can continue on under your contract. • Keep the contract and lease rooftop space from the new owner. You continue to own and operate the solar system and pay
