What happens at the end of the lease term?

We will attempt to obtain another FIT contract and extend the lease. If another FIT contract cannot be obtained the lease contains provisions to extend the lease if another “arrangement” can be found. The term other arrangement is loosely defined in the lease as it is uncertain what arrangements or programs may be present 40 years from now that will allow continued sale of electricity. One possible arrangement is net metering.

If we are not able to extend the lease, you could require us to remove the system or you could purchase it at fair market value.