What Risks Should Contractors Anticipate When Considering Solar Power Purchase Agreements?

Solar power purchase agreements can be lengthy and complicated. Contractors need to keep it simple, avoid undue risk, and focus on the construction component.

An underwriter will review the entire solar power purchase agreement, but contractors need to keep it simple and focus on the construction component only. Don’t get caught up in the onerous and unnecessary risks like efficiency guarantees restoration bonds.

The solar power purchase agreement is a very complex document, but contractors need to keep it simple, focus on their construction expertise, and limit their exposure.

Sit back and relax for ninety seconds and find out how from the Surety Pro, Anderson & Catania’s Cofounder and CEO, Joe Catania.