Palmetto Energy Plans (PPAs and Leases) let you benefit from the electricity produced by solar panels on your roof, while Palmetto owns, installs, and maintains the solar panels for you.

Every Palmetto energy plan is custom-designed, based on the specifics of your home, location, electricity needs, and rates. In this way, your average monthly Palmetto payment is lower than your average monthly electricity savings for most customers, so you can start saving money in the first year your system is activated.

Palmetto also offers third-party owned leases and PPAs for battery storage, as well as an option for HVAC and heat pumps called the Palmetto Comfort Plan.

Both are third-party owned solar system agreements. From your perspective, they function similarly. Palmetto offers a PPA or Lease in your area typically depends on state laws and regulations.

As a homeowner, the best solar investment is the one that's tailored to your home, energy needs, and financial goals. Every home and homeowner is unique. Palmetto makes solar more accessible with:

Compare your options here: Solar Buy or Lease Guide

The best solar solution is the one that fits your unique situation, taking into account your home energy usage and financial goals.

If you're looking for immediate savings with no upfront cost, a Palmetto Lease or Power Purchase Agreement (PPA) could be the right choice. You pay $0 down and make predictable monthly payments based on estimated solar production, all backed by a performance and production guarantee. Leases and PPAs are also a great fit if you don't have enough tax liability to take advantage of solar tax credits.

If long-term savings and system ownership are your priorities, a cash purchase may offer the greatest financial return over time. You'll own the system outright, qualify for available tax incentives, and typically see the biggest lifetime savings. However, the return on investment may take 10–15 years (or longer), depending on your upfront cost and how much you save on electricity over time.

Solar loans offer another path to ownership with little to no upfront cost. However, with current interest rates, loan-based savings may be harder to realize—one reason many customers are opting for Leases or PPAs instead.

Want a side-by-side comparison? Explore your options here.

With a Palmetto Energy Plan (PPA or a lease), you'll have a predictable monthly payment based on estimated production and a 90% production guarantee. For most of our customers, this means you could start seeing savings on your electricity bill within the first year.

It's important to know that while we guarantee how much energy your Palmetto system will produce, your exact electricity bill savings can vary. Dive deeper into this topic at How to Understand Solar Energy Savings.

Yes. You will receive two bills:

You'll remain connected to the grid and a utility customer, even with solar. Most solar users still purchase some electricity from their local utility. Even in months where solar produces 100% of electricity needs, you will still owe the utility's base customer fees. All utilities are different, and their customer fees and net metering policies vary. Please consult your local utility for details. Learn more at How to Read Your Electric Bill with Solar

Live in Texas? Explore Palmetto's Retail Electricity Plan.

Even with solar, you'll still be connected to the main power grid and remain a customer of your utility company.

Your utility bill helps us determine the best system for your energy needs.

Regardless of how much your solar system produces, you will still have a utility bill for electricity your system does not provide, plus base utility charges.

When your solar system is first activated, your utility bill may still reflect electricity usage from the grid prior to or at the start of activation.

The Annual Rate Escalator is a pre-determined rate between 0–3.5% that adjusts your monthly Palmetto payment each calendar year. This increase is outlined in your agreement and reflected in your payment estimates. It helps account for factors like inflation or rising energy costs, so your plan stays sustainable over time.

Your monthly payment will increase every year according to the escalator, regardless of how your system is performing. Taxes are separate and may vary depending on local laws.

Even with this annual adjustment, your Palmetto Energy Plan is designed to give you predictable, stable payments—often lower than projected utility rate increases—so you can plan your energy costs with confidence.

How does the Performance Guarantee "True-Up" work?

Your Palmetto system comes with a 90% Performance & Production Guarantee. Every three years, your system's production is reviewed. If your system produces less than 90% of the guaranteed energy, Palmetto will credit you based on the Energy Price terms in your agreement.

No. Because you're enjoying the benefits of solar power through a Palmetto plan without owning the system itself, you will not be able to collect the solar tax incentives.

The easiest way to monitor your solar panels is by downloading our mobile app.

Yes! Palmetto offers battery storage options that work seamlessly with our solar systems.

Yes! Your Palmetto payment includes 25 years of service & support bundled in.

When you choose the Palmetto Energy Plan, you'll be provided with a 90% Performance & Production Guarantee.

There's no one size fits all solar system. Everyone has different historical electricity consumption, and plans for the future.

If you want to make any repairs or improvements to the property that could interfere with the System (such as repair the roof where the System is located), you may remove and replace the System at your own cost and pursuant to the Limited Warranty.

You can easily do this in your Palmetto Account and app. This Billing Support article will walk you through how to make the change.

You can easily update your password from your Palmetto Account or the Palmetto App. If you've forgotten your password, click "Forgot password?" on the login screen and follow the prompts to reset it.

Yes! You can buyout or "payoff" the system anytime after the fifth anniversary of your system interconnection date. Learn more about owning your system.

See this page for a complete explanation.
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When you decide to sell your home, you have two main choices regarding your Palmetto Lease or Power Purchase Agreement (PPA):

Regardless of the option you choose, please contact us at least 60 days before the closing date of your home sale using the form below.