Fully installed, and maintained Solar PV systems for businesses with no upfront costs
Our dedication to green energy services enables us to offer customers a completely free, fully installed, and maintained solar PV system through a Power Purchase Agreement (PPA).
What does this mean for you?
We handle the full design and installation of a commercial-grade solar PV system at your business premises, allowing you to switch to green energy immediately—without the upfront expense of purchasing or installing the system.
Instead, through a PPA, you agree to purchase discounted electricity from us at a fixed rate for a set period, and we take care of everything else, including maintenance.
What is a PPA?
A Power Purchase Agreement (PPA) is a financial arrangement that allows businesses to access solar energy without any upfront costs. Through the PPA, your company can buy the electricity generated by the solar panels at a reduced rate.
Plus, we handle all system maintenance, so you can enjoy the benefits of solar energy hassle-free.
PPA EXPLAINED: 5 STEPS
Step 1:
We begin by reviewing your current electricity usage and pricing to understand your energy needs.
Step 2:
Based on this information, we provide a tailored PPA proposal designed specifically for your business. This proposal will outline the financial savings and carbon reductions you can expect throughout the agreement.
Step 3:
Once you approve the proposal, you lease the roof space of your building to us, entering into a Power Purchase Agreement (PPA).
Step 4:
Our design team will create a customized layout for the solar panel installation. Then, our installation team will fit your new solar PV system, ensuring minimal disruption to your daily business operations.
Step 5:
With the system in place, you can now enjoy lower energy bills, zero maintenance costs, and stress-free solar power for the duration of the PPA lease.
THINGS TO CONSIDER BEFORE ENTERING A PPA
Regulatory Environment
Understanding local regulations and available incentives, such as tax credits or renewable energy certificates, is crucial as they may affect the PPA.
Creditworthiness
Developers typically evaluate a buyer’s creditworthiness since long-term contracts depend on financial stability.
End-of-Term Options
Buyers should plan for contract-end options, including renewal, purchasing the system, or its removal.
Key Components of a PPA:
Energy Production
The agreement specifies the expected energy output from the solar system, along with any performance guarantees provided by the developer.
Operations and Maintenance
The solar developer generally handles the installation, operation, and maintenance of the solar system, taking these tasks off the buyer's plate.
Contract Duration
PPAs are typically structured with a term between 10 and 25 years, offering stable energy pricing throughout the duration of the agreement.
Pricing Structure
The PPA outlines a per kilowatt-hour (kWh) rate for the energy produced, often at a competitive price point to provide the buyer with cost savings compared to traditional utility rates.
Purchase Options
Some PPAs offer the buyer an option to purchase the solar system outright after a certain period.
Find out more about our Power Purchase Agreements by calling us on 0800 193 0024 or send us a message
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