Solar Power can be a fantastic financial investment for your business as the cost of electricity continues to rise sharply.
With the continuously increasing demand for electric power, the significantly high price of oil and the growing concern for the environment, many businesses are embracing alternative sources of energy. Among the renewable energy sources, solar energy is a sustainable choice and one that can be used in various applications. Many businesses are now tapping into this alternative source of energy aimed at leveraging its numerous benefits.
A Solar Power Purchase Agreement (PPA)Â is a financial arrangement in which a developer designs, operates, install the solar energy system on clientâ€™s site property at little to no cost. Then the developer sells the generated power to client at a fixed rate.
With PPA, you donâ€™t need to make any upfront investment, because you are not buying a system in first place.
You are only buying energy produced by the system.
The energy price offered in PPA is significantly lower that the grid based energy.
That means the more energy you use, more you save.
We maintain the system for the period of PPA term. You are assured of un-interrupted power supply all the time.
If the system doesnâ€™t produce energy (may be on a cloudy day), you donâ€™t have to pay. Simple isnâ€™t it !
You have an option to own the system at the end of PPA term and prolong your energy savings.