Power Purchase Agreement
With a Power Purchase Agreement, a solar system is installed at your property without any cost incurred by you.
The solar system is owned and funded by a renowned PPA provider.
You purchase energy at a pre-determined fixed rate for the term of the PPA. This rate is significantly lower than your current market rate.
PPAs typically range from 10 to 25 years. During this period, PPA Provider is responsible for the operations and maintenance of the system.
Minimal to no upfront cost
Given that the developer pays for the upfront costs of design, procurement and installation of the solar system, the customer avoids these capital costs and enjoys the savings from the day the system starts generating energy. This frees up capital for other business investments.
Transfer of risk to the developer
As the developer also takes responsibility for the operations and maintenance of the solar system, they assume the risk of performance. Within the contract term, when the inverter or other components require replacement, the developer will be required to pay for this.
Given the developer’s income is linked to the performance of the solar system, they are incentivised to ensure the system is working to its maximum efficiency, therefore activities such as cleaning of the panels will be undertaken at regular periods.
This can give the customer the peace of mind that they will be receiving the maximum potential savings as a result of having a solar system installed under a Solar PPA.
Reliable and reduced energy costs
Solar PPAs can provide a predictable energy cost over the contracted period.
The developer will typically include a fixed price escalation in line with the Consumer Price Index (CPI). Grid prices may increase at a greater rate than the PPA price, resulting in growing cost savings over time.
Increase customer’s business value
Installing a solar energy system can have the potential to increase a customer’s business value. This is a result of the lower energy bills leading to an instant and long lasting cash flow increase for the customer’s business. Solar PPAs can be transferred with the business ownership.
Taking part in sustainability
Through a Solar PPA, not only is the customer’s business able to enjoy the financial benefits of clean renewable energy, but the business is also able to play an important role in building a sustainable future.
About Our Process
As a part of our offering we like to enable all the local businesses to be a part of sustainable future without having to incur a capital cost against it.
Step 1 Assessment and Analysis
Includes indepth analysis of your power usage over a period of time.
Step 2 Designing a Solar System
Recommendation of a solar system that will fit your needs
Step 3 Proposed Savings Plan
We will provide you with an expense vs savings plan over 10 year period. That highlights the Investment you will make vs costs you will save using reduced electricity rate.
Step 4 Installation of the System
We use highly proficient and certified technicians that will come to your premise to install the System for you.
Step 5 Maintenance Plan
During the term of PPA the PPA provider will maintain the system for you and cover the operational risks of the Solar system installed on your roof