What is the difference between and SPPA and an Operating Lease?
An operating lease is not dependent on energy production like an SPPA, nor does the system owner pay to keep the system in good working order. While both of these are the responsibility of the leasee the system installation warranty, typically ten years, will reduce this expense significantly as well as reduce the production risks associated with system failure. Operating leases are typically less expensive than SPPA’s and are a beneficial alterative for organizations who would like to own their own system but prefer to increase their savings by leasing the system rather than utilizing their own capital to buy the system out right.
