Effective Date: August 27th, 2024
Background: Homeowner PPA Contracts will be revised to promote ACH Autopay adoption
Starting on August 27th 2024, PPA contracts will be revised to promote ACH Autopay adoption by offering homeowners a $15 USD Monthly Credit on their bill (As long as they are enrolled in ACH recurring payments)
FAQ:
Does the “Pay By Check” will still be available in the contract?
-No, the Pay by check election form will no longer be in the contract, leaving only the ACH sign up form
Is the Homeowner now required to pay by ACH?
-Homeowners are not required to pay by ACH, but they will need to acknowledge that they forego the $15 USD monthly discount if they choose not to use ACH automatic payments.
SOME ADDITIONAL CHANGES INCLUDED WITH THE NEW PPA AGREEMENT:
Clarification for the homeowner's options for transferring the system to a new homeowner if they sell their home.
What conditions will void EverBright’s Production Guarantee
EverBright can seek payment for lost revenue for early contract termination
