Get commercial solar panels with a Power Purchase Agreement (PPA) and pay no upfront costs.
With a Power Purchase Agreement, you can benefit from solar panels without worrying how you’ll fund the upfront costs. Power Purchase Agreements, also known as PPA are becoming increasingly popular for commercial businesses of all sizes.
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Get free solar panels with a Power Purchase Agreement
With a Power Purchase Agreement, your business can benefit from solar electricity with no upfront cost, no maintenance, or no insurance costs, but you’ll benefit from instant savings.
Whether you’re a small independent commercial business, a charity or a community building, a PPA will allow you to benefit from renewable energy without the responsibilities of being a solar PV system owner.
Whether you’re looking for rooftop or ground-mounted solar panels, your business can benefit from economic and environmental benefits.
How does a Power Purchase Agreement work?
A Power Purchase Agreement is where a third-party developer installs, owns, and maintains a solar energy system on the property of a business. Your business will rent its roof space and buy solar electricity generated by solar panels at discounted rates. You’ll agree to purchase the electricity the system generates at a predetermined rate, usually lower than the local utility’s rate, for a set period (typically 10-25 years).
Interested in finding out more about PPA for commercial solar panel installation? Contact our team to discuss how a PPA would work for your business. Our in-house team can handle every aspect of your project to meet your needs.
What are the benefits of a PPA?
One of the main benefits of a PPA is that you reap the rewards of commercial solar PV system without the responsibility of the costs and maintainance. As the panels belong to the installer/provider, rather than your business, they’re responsible for maintaining the solar panels to ensure they’re in good working order.
Instead of paying for solar panels, you can reinvest the funds into core business activities. Benefits of solar Power Purchase Agreements include:
- No upfront costs
- No maintenance/insurance costs
- Instant savings on electricity bills
- Fixed or predictable rates over time
- Green credentials