Power Purchase Agreement (PPA) is an alternative to financing and owning a large solar system. It offers your building an opportunity to install solar power at your facility without paying any upfront costs or worrying about system operation and maintenance.This is sometimes referred to as a “third party” ownership model, this approach lets you go “green” while an outside investor company finances and manages your energy system. PPAs typically last about 15 to 20 years, and they establish fixed electricity prices for the host building, while hedging the risk of future increases in energy costs.

PPA's

1. Third-party financing company purchases a solar electric system for your facility, then charges you for the electricity generated. (Sets fixed rate)
2. No up-front capital required.
3. No maintenance work or risk.
4. You secure a long-term contract for power, below current utility rates.
5. Stabilize an operating cost that was once highly variable.
6. Fixed electricity rates are a hedge against rising energy costs or spikes.
    

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