What should we understand before taking over a seller's solar power agreement?
Housing"The panels come with the house," the agent said. Then we received a document headed Power Purchase Agreement and a request to sign a transfer form. My partner asked whether that meant the panels were actually ours.
We're buying a US home. The seller showed us a low electricity bill from one month, but we haven't seen all the costs associated with the solar arrangement or understood the remaining contract term. The agent says it is routine and that we could lose the agreed closing date by making it complicated. We haven't signed the transfer.
The [Treasury's PPA advisory](https://home.treasury.gov/system/files/136/Guide-Before-You-Sign-a-Power-Purchase-Agreement-eng.pdf) explains that a PPA involves purchasing power from a system the customer does not own. It recommends checking costs, changes over time and what happens on a sale. That is different from the uncomplicated extra feature I thought we were being shown.
What should our buying team establish before we commit to this part of the transaction? I like the idea of solar power, but I don't want enthusiasm for the panels to substitute for understanding the agreement attached to them.