Your options when selling
1. Transfer your agreement to the new homeowner
The new homeowner applies for their own Palmetto Energy Plan and goes through a credit check. Once they're approved and the sale closes, the system moves into their name, along with any remaining warranties.
After the transfer, the new homeowner can also prepay the remaining balance.
Important: If the buyer doesn't meet our credit requirements, we may be able to offer other options while keeping the terms of your lease in place.
You remain responsible for the lease until a transfer agreement is signed and the new owner is approved.
If you sell your home or transfer the lease without Palmetto's written approval, you will be in default of the lease agreement.
2. Prepay the lease or PPA
You pay off the remaining balance upfront. The buyer gets solar with no monthly bill, which can be a nice selling point. Palmetto still owns the system and handles maintenance, so coverage continues.
Request your prepay quote at least 60 days before your closing date by filling out the request form below, emailing us at [email protected], or calling 855-339-1831. Quotes are shared through a secure portal, not sent as attachments.
If the buyer doesn't want the panels
Palmetto doesn't handle removal when you sell. You'd need to hire a qualified contractor at your own cost. Check your contract for the terms that apply to you.
You can't take the system with you to a new home. Moving it breaks your lease, and you'd owe the system's fair market value.
If you'd like solar at your new home, we can set up a separate agreement for that property.
Ready to get started?
If you're selling your home, fill out the form below at least 60 days before your closing date.
Have this information ready:
Proof of the upcoming sale, such as a listing agreement or accepted offer
For transfers:
The new homeowner's full name, email address, and phone number
Proof of ownership from the buyer, such as a deed, property title, or recent utility bill in their name
For prepays, select Lease/PPA Pre-Payment from the Request Type dropdown on the form.
Once you submit, someone from our team will reach out with next steps.
Coming to the end of your lease term
When your lease ends, you have three options:
Extend the lease under similar terms.
Buy out the system at fair market value. You'll own it outright and stop making lease payments.
Have the panels removed. We'll take them down and make sure your roof is watertight at no additional cost, as outlined in your contract.
If the account holder passes away
The lease transfers to the estate and stays in effect. To update the account, fill out the transfer request form and select Service Transfer in the Request field.
Have this information ready:
Death certificate
Documents showing who's authorized to sign for the estate
The new owner's full name, phone number, and email address
A copy of the new owner's ID
A voided check from the new owner, if setting up automatic payments
Estimated or confirmed closing date
Once you submit, we'll update the account so the right person is authorized. They can then set up payments without any risk of duplicate or unauthorized charges.
Have a Palmetto Comfort Plan?
Your options are a little different.
If you have any questions in the meantime, please reach out to our support team.