Here are some of the questions we get asked a lot. And, of course, if there’s something else you’d like get answered or talk with us about, feel free to contact us.
Will it work on my type of roof?
Yes. No matter what kind of roof you have – tile or asphalt, flat or pitched – we have a system that’ll work for you.
How does billing work?
Every month, you will receive a statement from OneRoof Energy. You’ll never have to worry about sending in a payment, since we will automatically deduct your lease payment from your checking account. Since you will still be getting some of your energy from the utility company, you will continue to receive a bill from them, based on your lower usage.
How long is the lease agreement? And can I buy the system if I want?
The agreement is for 20 years. And yes, if you’d like to buy it, you’ll have buyout options after the sixth year, for the amount specified in your lease agreement.
What if my system isn’t working properly?
Don’t worry, we’ll take care of any maintenance or repair issues that come up. As part of our performance guarantee, we continually monitor the performance of the system 24/7, and we service and maintain the system at no cost to you for the entire length of the lease. If there are any problems caused by normal wear and tear with the system, we repair or replace it…at our expense, not yours.
What happens if I sell my house at some point?
You’ll have a couple of options. You can transfer the lease agreement to the new owner; after all, there’s a very good chance the buyer of your home will want to continue enjoying the benefits of solar (and it’s probably one of the many things they like about your house). Assuming they meet our credit requirements, the lease payments simply get transferred over to them.
Another option for you: as we mentioned above, at any time after the 6th year of leasing the system, you can purchase the system outright, and pass on the investment to the new buyer – included in your home’s selling price.
Or, you can prepay the remaining lease payments (at a discount) and pass the
savings on to the new homeowner, while we continue to service and maintain the system.
What happens at the end of the lease agreement?
You can do one of three things. You can either purchase the system for the amount specified in the agreement, you can decide to extend your lease agreement for additional years, or you can ask us to remove the system. It’s entirely up to you.
Have more questions? Just ask!
*Zero total due at lease signing. Amount due at signing and payments are contingent on credit approval and based on an excellent credit rating. No security deposit is required. To qualify for this lease, you must also purchase a roof. The cost of the roof is not included in the price of the lease. The lease of the solar energy system is for 240 monthly payments, based on a 3.5 kW system and standard installation requirements. The lease consists of 240 monthly payments that will vary over time. The first years’ payments will be $98 per month. Monthly payments will increase by 3.9% each subsequent year, so that payments in months 13-24 will be $101.82, payments in months 25-36 will be $105.79, etc. Your actual lease payments and total cost may vary based on your particular system. An extra charge may be imposed at the end of the lease based on the difference between the residual value of your system and its fair market value at the end of the leased term.