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If our system over produces based upon the expected production do we pay anymore for anything?

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Summary:

NO, with a lease, you do not pay for any over production. You have a production guarantee which protects you if the system under ...

Answer:

NO, with a lease, you do not pay for any over production. You have a production guarantee which protects you if the system under produces, we pay you. If the system over produces, and most of our systems are over producing by 12% to 15%, it is basically extra power you get for no additional charge. You will see that benefit in a lower residual PGE bill than what is quoted on the proposal.

This is the biggest difference between a lease and a PPA. With a PPA, they tell you you "only" pay for the power you use, they flip side of that is that you pay for "all" the power you use. So when their system over produces, you will pay for the extra power.

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