When a Dorado home with rooftop solar sells, the panels, the solar provider contract and the net-metering agreement with LUMA can all be part of the conversation. In late 2026, a seller's contract may also be held by a different company from the one named on the original paperwork.
For a buyer, the savings that made a listing appealing can come with questions about the solar provider contract and net metering. For a seller, the closing calendar may include paperwork with a solar provider and with LUMA, on top of the title work.
Three parties can sit behind one roof
Sunrun's guide for home buyers puts the ownership question simply. Under a PPA or lease agreement, the company owns the system. Under a cash or loan agreement, the homeowner owns it.
| What's involved | Who holds it | How it moves in a sale |
|---|---|---|
| The equipment | Sunrun describes provider ownership under a lease or PPA, and homeowner ownership under a cash or loan purchase | Sunrun describes a service transfer process for leased systems |
| The provider contract | The solar company or its successor | Sunrun lists a transfer agreement and a buyer credit check in its process |
| Net metering | A contract between the account holder and LUMA | LUMA lists a change-of-owner process for a property whose previous owner had net metering |
A Dorado home can involve all three rows.
Sunnova's Puerto Rico assets and Solaris
For many Puerto Rico homeowners, the provider in the middle row has changed since the contract was signed. Through Sunnova's court-supervised Chapter 11 sale, Solaris Capital Holdings, LLC and Solaris TEP H Purchaser, LLC bought Sunnova's Puerto Rico assets, and the sale closed on September 3, 2025. SunStrong Management was named operator of those assets.
The Puerto Rico Energy Bureau later set out who is who. In its November 2025 resolution and order, the Bureau found that Solaris became the legal owner of the distributed solar systems and customer contracts, and that it generates power for sale through PPAs. That makes Solaris, not SunStrong, the entity that provides the electric service. SunStrong handles day-to-day operations, cash management, accounting and compliance as Solaris's asset manager.
Sunnova's own site now says the company has stopped operating independently and that SunStrong services the in-service customer systems the new owners acquired. SunStrong's help center discusses payment arrangements and existing financing terms for transferred customers.
SunStrong's help center suggests a quick way to confirm who services an account: check a bill issued after the transfer date for the new company's brand. Sellers can bring that bill to the first conversation with the buyer, which saves a round of questions later.
What a provider transfer involves
The steps differ by company. Sunrun publishes its process, and it shows the kind of coordination a transfer needs. Its service transfer page lists four stages:
- The seller enters contact details for the buyer and the escrow company and opens the transfer.
- Buyer, seller and escrow each verify their information in the portal and submit the closing date and any prepayment details.
- All parties sign the transfer agreement electronically, and the buyer completes a soft credit check.
- After escrow closes, Sunrun lists the transfer and final invoicing.
Sunrun also describes prepayment as an option in its service transfer materials.
On the LUMA side, change of owner and renewal
The contract that most directly sets the electric bill is net metering, and it sits with LUMA, not the solar company. LUMA's change-of-owner page treats a new account at a property with a registered project and an active net-metering rate as a cambio de dueño. Its first listed example is buying a property with a renewable system installed where the previous owner had net metering. The same page lists inherited property, a rental where the owner had net metering, and acquisition through divorce.
LUMA lists different routes based on where a project was first registered and handles renewal as a separate category. The electric service itself is transferred separately as well; confirm the right process for your account with LUMA.
Why the net-metering file is where the savings live
LUMA's FAQ explains the value. Under net metering, the customer doesn't pay for solar power the home produces and uses. Electricity sent back to the grid is credited at the full retail rate, and excess kilowatt-hours roll forward month to month through the fiscal year. At the June 30 year-end, any surplus earns a July credit of $0.075 per kWh, and another $0.025 per kWh goes to Department of Education accounts.
Net-metering rates have also been the subject of legislation and litigation. In a May 18, 2026 status report to the PROMESA Title III court, the Oversight Board summarized Act 10-2024, signed January 10, 2024. The report describes a bar on the Energy Bureau starting a net-metering study before January 2030 and a delay in any resulting change until 2031 at the earliest. It also describes provisions for customers with net-metering contracts or certified installed systems. The Board sued to nullify the law on July 26, 2024. As of the May 2026 report, its summary-judgment motion and the former Senate President's were fully briefed and still pending. In its Act 10 FAQ, the Board discusses net-metering benefits under Acts 114-2007 and 17-2019.
This post is general information, not legal, tax or financial advice, so confirm your own contract and closing with an attorney, your provider and LUMA.
FAQ
How does Sunrun describe solar system ownership?
Sunrun's guide describes company ownership under a PPA or lease and homeowner ownership under a cash or loan agreement.
Who acquired Sunnova's Puerto Rico assets?
Solaris acquired Sunnova's Puerto Rico assets, and SunStrong services the in-service systems, according to the Energy Bureau's order.
How does LUMA describe a change-of-owner case?
LUMA lists the purchase of a property whose previous owner had net metering as a change-of-owner case.
If you're selling a Dorado home with solar, the contracts behind the roof can be part of the conversation. Troyer & Co can help you pull the provider agreement, the project number and a recent bill together before you list, so the buyer's questions get answered on the first pass. Sell With Us.
