Solar Power Purchase Agreements (PPA)
In need of a renewable energy investment option that offers emissions reduction, energy price predictability and little operational risk for your business? Look no further than Power Purchase Agreements.
What is a Solar Power Purchase Agreement (PPA)?
In a solar PPA, a developer arranges for the design, permitting, financing and installation of renewable energy on your property. For the life of your contract – typically seven to 25 years – the developer is responsible for the operation and maintenance of the system.
That’s what makes it a popular financial agreement for businesses – you can enjoy all the benefits of a simple setup and turnkey operations coupled with significant cost savings, lower emissions and no operational risks.
In other words, it can be a win-win for your business.
A win-win for your business
Zero or low upfront capital
As the project developer, we are responsible for initial costs, including design, build, operations and maintenance. So you bypass the initial investment and save sooner.
With a solar PPA, power is generated at a fixed rate – ultimately saving you money on your utility bill. That means the money you would spend on usage can be reinvested.
Meet Sustainability Goals
Through the use of clean power, you’re better able to quickly achieve your ambitious sustainability goals, reduce emissions and promote clean energy on a local level.