Solar Panel Power Purchase Agreement

Solar Power Purchase Agreement

From initial design and planning, we can deliver projects right through to hand over. Our multi-skilled teams are dynamic and get involved in different parts of each project, this approach improves knowledge within the team and makes everything run smoothly.

All our projects are carried out with our bespoke project management system which includes group chat communication, order processing and project management tools. This allows our office and site staff to be in immediate communication and process changes, orders and general progress instantly between managers and operatives.

What is Solar Power Purchase Agreement?

A PPA is fully funded solar PV model with no, or low, upfront costs which offers reduced energy costs and the opportunity for long term savings. It allows a developer to design, finance and install a solar PV system on a client’s property. In return, the developer sells the generated energy back to the customer, at a lower and better rate.

The clients will benefit from reducing their carbon emissions, protected energy prices and the generation of their own green electricity.

They will also save money overall on their energy bills due to buying from the developer in the PPA, rather than the grid. For the duration of the PPA, the developer is responsible for the operation and maintenance of the solar PV system. At the end of the contract, the client has various options; extend the PPA, remove the system or buy the system from the developer.

How does Solar PPA works?

Keeping the process simple, transparent and hassle-free. 

  1. We assess the potential of your roof and gather data regarding your current electricity usage and pricing
  2. We provide you with a proposal demonstrating the financial savings and carbon reduction forecasts
  3. You agree to lease the airspace above your roof to us and enter into a Power Purchase Agreement (PPA)
  4. We install the solar PV system with minimal disruption to your business
  5. You enjoy reduced electricity bills for c.25 years with no maintenance costs and worry-free operation of the system
  6. After 25 years, ownership of the system transfers to you to enjoy free solar PV electricity for the remainder of the system life – c. another 10 years

How can solar power purchasing agreement benefit my business?

Immediate savings on electricity bills

Solar electricity is purchased at a much cheaper rate than is available from your current energy provider

No cost ‘green’ credentials

Improve your company’s environmental responsibility and enhance relations with green thinking customers, suppliers and staff

Long-term protection 

The unit price you pay for electricity generated by the solar PV system will only rise in line with RPI, allowing you to budget more effectively

No maintenance or insurance costs

We proactively manage the system under a long-term operation and maintenance contract, including the provision of insurance cover, all at no cost to you

Fully transferable

The PPA can be transferred to new occupants of the property should you move to new premises

No upfront cost

Your commercial solar PV system is entirely funded by us so you start saving from day one

Long-term cheaper electricity

Government data indicates that average electricity prices in the industrial sector are rising by 5.04%* per annum. That equates to your bill doubling every 14 years.

No upfront costs or ongoing fees means that opting for a power purchase agreement your business will begin to make savings from day one and continue to benefit for the full term of the agreed term. Once the agreed term ends, ownership of the system transfers to you and your business can enjoy free solar electricity for the remaining life of the system (c. 10 years +).