Purchase Agreements (PPA)
Power Purchase Agreement (PPA) is an arrangement that allows
a person or company to acquire and use a solar system without
having to pay the upfront cost of the system.
benefits are similar to outright purchase in that the user
gets to lock in reduced electricity rates, while at the
same time, contributing to universal energy and environmental
goals. In a PPA, the provider (not the user) typically maintains
and operates all aspects of the system. The provider will
pay all of the upfront costs and charge the user a reduced
rate for electricity. The rate is much lower than the current
rate from the utilities and is locked in for 10-20 years
thereby saving the user thousands to hundreds of thousands
Solar can provide you with PPA's on systems over 100kw in
size. We have gone through an extensive vetting process
for PPA providers, and we will install and maintain the
system to ensure performance.
Solar has developed a number of relationships with financial
firms who specialize in financing solar systems. We will
walk you through the rebate and financing process work with
the bank to secure your loan. We will create a custom package
based on the merits of your project, and we can even provide
our own financing in some cases.