Residential Solar Energy System Purchase Agreement
(Cash Purchase — You Own It Day One)
SAMPLE — FOR REFERENCE ONLY — NOT FOR EXECUTION
This is a representative sample so you can see how our purchase agreement works. Your actual agreement is prepared for your specific system and reviewed with you before signing.
This Residential Solar Energy System Purchase Agreement (the “Agreement”) is entered into as of the Effective Date below by and between:
Simply Solar will design, permit, install, and commission a solar photovoltaic system at the Property (the “System”), as described in Exhibit A (System Description), consisting of approximately:
Estimated Year-1 production: ______ kWh (the “Estimated Production”). The System size and layout in the Customer’s proposal are estimates and are finalized after the site visit; the executed Exhibit A controls.
Purchase Price: $________ (the “Purchase Price”), payable as follows:
The Purchase Price is fixed once Exhibit A is executed. If the final design changes the price, Customer may accept the revised price in writing or cancel and receive a full refund of all amounts paid.
Title to the System passes to Customer upon Simply Solar’s receipt of the Purchase Price in full. From that moment the System — panels, inverter, racking, and monitoring hardware — is Customer’s property, and all assignable manufacturer warranties are registered in Customer’s name. Simply Solar retains no ownership interest and files no lien or fixture filing, except as may arise by law for unpaid amounts.
For twelve (12) months following the Commencement Date (the date the utility grants permission to operate), Simply Solar will provide at no additional cost:
After the first year, manufacturer warranties continue per their terms, and Simply Solar offers optional service plans; Customer is under no obligation to purchase one.
Simply Solar will obtain all required permits, complete the installation in a good and workmanlike manner in compliance with applicable codes, coordinate inspections, and submit utility interconnection paperwork. Most residential installations are completed in 1–2 days on the roof; the overall timeline depends on the permitting jurisdiction and utility.
Customer agrees to provide reasonable access to the Property for installation and inspections.
Risk of loss for the System passes to Customer upon title transfer. Customer should list the System on their homeowner’s insurance policy; Simply Solar will provide documentation reasonably requested by Customer’s insurer. Prior to title transfer, Simply Solar bears risk of loss to System equipment.
The Estimated Production is a good-faith engineering estimate based on the System design, the Property’s roof geometry, and historical local weather data. Actual production varies with weather and site conditions. Savings figures in the proposal are estimates, not guarantees. [A written production guarantee is available on Simply Solar lease agreements.]
Customer default: failure to pay any amount within 30 days of its due date. Simply Solar may suspend work until payment is received; amounts more than 30 days past due accrue interest at the lesser of ______% per month or the maximum rate permitted by law.
Simply Solar default: failure to complete the installation or cure a workmanship defect within 30 days of written notice. Customer’s remedies include cancellation with a refund of amounts paid for work not performed, and completion of unfinished permitted work by a licensed contractor at Simply Solar’s documented expense.
Simply Solar warrants its workmanship — including roof penetrations and weatherproofing — for ______ years from the Commencement Date. Equipment is covered by the manufacturer warranties described in Exhibit A, registered in Customer’s name. EXCEPT AS EXPRESSLY STATED, THE SYSTEM IS PROVIDED WITHOUT OTHER WARRANTIES, EXPRESS OR IMPLIED.
By signing, each party agrees to the terms of this Agreement.
Prefer a lease instead? See the sample lease agreement. Questions? Read our FAQ or call us — (405) 919-7242 · hello@simplysolar.us