SOLAR POWER PURCHASE AGREEMENTS (PPA)
Unlike other commercial solar financing options – such as solar leasing, loans and cash – a commercial solar PPA allows you to save on the amount you pay for energy. By only paying for the energy you take from the system, you’re provided with predictable payments, worry-free maintenance and operations services, and longer-term savings over the life of your contract.
It’s simple: As the developer, we’ll construct, own, maintain, and operate a solar project on your business’s property.
Through a 20 to 25-year contract, your business will purchase the power generated at a fixed rate, shifting your project from a costly capital expenditure to a predictable operating expense.
HERE’S HOW A COMMERCIAL SOLAR PPA WORKS
1
You provide the site (rooftop, parking lot or open land) for the solar installation.
2
The developer handles the rest, including the installation and long-term maintenance for the term of your commercial solar PPA.
3
Your organization purchases the electricity produced at a predetermined rate — measured in kilowatt-hours, just like your current utility bill.
BENEFITS OF A COMMERCIAL SOLAR PPA
Achieve Your Sustainability Goals
A commercial solar PPA can help companies realize sustainability goals, fulfilling commitments to lower emissions and advance clean energy.
Minimal To No Upfront Spending
A commercial solar PPA moves your energy project off your organization’s balance sheet with no upfront spending, helping to preserve your capital for other business priorities. Skip the capital investments, add solar to your business and see reduced energy prices.
No Maintenance Required
You provide the site, and we’ll handle the rest. You don’t need dedicated staff for operations, maintenance, or system optimization, which means your team can focus on more pressing matters.
Think a Solar PPA may be right for you? Let’s chat.
Commercial solar financing is easier than you think. Take the first step to achieving your business and sustainability goals.