Defined term
Solar contract buyout
A solar contract buyout is a transaction permitted by a lease or power purchase agreement in which specified rights or system ownership are acquired for a contract-determined amount and under stated conditions.
Also known as solar lease or PPA buyout
economics · Concept code GS-CONCEPT-087 · Last verified September 29, 2026
Evidence as-of date unavailable · 1 source has no source-event date
Content modified 2026-09-29
Definition and boundaries
Definition
A solar contract buyout is a transaction permitted by a lease or power purchase agreement in which specified rights or system ownership are acquired for a contract-determined amount and under stated conditions.
Review confirmed · Review due October 29, 2026
The previous review deadline was September 19, 2026. The missed interval remains unverified; the current review does not establish historical coverage.
The cited evidence supports this statement within the source’s stated scope. Its jurisdiction and source-event date limit its applicability to a particular project.
Applicable jurisdiction: US; contract and state-law treatment vary
Definition claim verification: Verified September 29, 2026
In plain language
Use Solar contract buyout only after the cash-flow perspective, timing, contract structure, included costs, and omitted items are made explicit.
What it is not
It is not an automatic right, a guaranteed fair-market price, or the same transaction as assigning the contract to a home buyer.
Decision context
Why it matters
Before buying out a solar lease or PPA, read its specific contract terms and compare the buyout with transferring the contract when the home is sold.
Review confirmed · Review due October 29, 2026
The previous review deadline was September 19, 2026. The missed interval remains unverified; the current review does not establish historical coverage.
The cited evidence supports this statement within the source’s stated scope. Its jurisdiction and source-event date limit its applicability to a particular project.
Applicable jurisdiction: US; contract and state-law treatment vary
Decision-context claim verification: Verified September 29, 2026
Information boundary
This page provides general educational context, not a site design, production guarantee, utility determination, contract interpretation, legal opinion, tax conclusion, or individualized financial advice. Verify property, equipment, utility, jurisdiction, program, and agreement details before acting.
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Learning navigation
Primary topic: Finance
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Primary sources
- California Public Utilities Commission: Solar Consumer Protection Guide
Revision Version4 landing page; linked current simplePDFcoverPublishedOctober2025; snapshot pinned by retainedPDFhash · Source event date not provided · Ontology accessed September 29, 2026 · Ontology verified September 29, 2026