Is a Solar PPA Right for You?

 

Solar Power Purchase Agreements (PPA) have become the standard agreement to enable corporations, municipalities, school districts, and government institutions to take full advantage of tax incentives for clean energy projects that use solar power. The hosts benefit from the PPA from 1) the creation fixed of energy costs over time, 2) the elimination of the initial capital cost, and 3) it provides these services without the cost of hiring internal personnel to execute the projects.

 

FINACING SOLAR

Financing with PPA

 

• The solar PPA provides a long-term agreement to buy power from a company that uses its own capital to build solar energy facility/assets on a customer’s location while they maintain and operate the said facility/assets for 15 years or longer.
• Solar PPA’s removes up front capital costs while providing long term operation and maintenance support.
• Customers typically enter into a 15 or 20 year contracts with a solar PPA provider to pay energy rates that are in line with current utility prices.
• At the end of the Solar PPA term, the facility/asset can be purchased at fair market value.

 

Solar Power Purchase Agreement:



 

Determing if you are the right candidate for a solar PPA (Power Purchase Agreement)

 

Now that you understand the power of a solar PPA the next step is to determine if you are a candidate for a solar PPA. Contact us at rugi@oaktowngroup.com and we will conduct a preliminary evaluation to determine if a power purchase agreement is right for your project.

 

Our preliminary evaluation will focus on the following themes:

• Electrical Consumption
• Property Ownership
• Utility Rates
• State Incentives