Power Purchase Agreements
Do you have an empty roof space and spend more than $500 per quarter on electricity?
Power Purchase Agreements (PPA’s) are a great way for customers to reduce their electricity costs by going solar with no capital investment at all. They have become increasingly popular after companies like Facebook, Amazon, Google & Apple have invested into large-scale solar and wind energy development through Corporate PPA’s.
Our PPA providers will fund, design, install, maintain, and guarantee the solar assets on your site and you only pay for the electricity you consume each month at a much cheaper price than traditional retailers will offer you.
Network charges which are the cost of getting your electricity from a traditional power station can make up to 50% of your current energy bill, so by generating your electricity on site you can pay a much lower fixed rate for the electricity you use.
After the agreement term ends and the PPA provider has made back their investment, they transfer the ownership and the landlord will receive the solar system at no cost at all.