Power Purchase Agreements

Residential and Commercial customers can secure a rooftop or ground mount solar project with ease through a Power Purchase Agreement (PPA). A PPA is a perfect solution for a homeowner or commercial real estate owner seeking to decarbonize and lower thei energy costs with zero investment or financing required, and results in a building performance upgrade that can immediately reduce energy expenses by 20%+.

Under a PPA, a homeowner or commercial real estate owner is paired with a financier who becomes the asset owner of your solar project, who will include a full operations and maintenance package with the contracted PPA rate for the system's operating life. This includes 24/7/365 monitoring, damage claims and emergency shutdown requirements, ensuring a seamless solar integration for a busy homeowner, property manager or real estate portfolio owner.

After the majority of incentives are captured by the asset owner, the PPA financier may offer a buyout option at Fair Market Value. Additionally, at the end of the PPA Term, if the system's performance life outlast the contract term, an extension period may be offered, at an increased rate. Finally, when the system has reached the end of its operating life, decommissioning is conducted and fully covered by the asset owner under the PPA Agreement.