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Commercial and Residential Alternative Energy Systems |
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A Power Purchase Agreement is an agreement where a company (seller) will pay the up-front costs of a solar electric system and maintain that system, in exchange for a contract requiring you to buy the resulting electricity from that company for a specific period of time at a rate lower then current utility rates.
THE ADVANTAGES OF A POWER PURCHASE AGREEMENT FOR A BUSINESS OWNER • No capitol investment required. • No maintenance costs. • You secure a long-term contract for power, below current utility rates. • The operating cost for electricity is predictable and under control. • Fixed electricity rates are a hedge against rising energy costs or spikes. • Solar enhances your public image. CONSIDER A POWER PURCHASE AGREEMENT IF YOUR BUSINESS Uses a large amount of electricity If you control the property If you are credit worthy If you have adequate un-shaded space for installation of panels |
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