Power Purchase Agreement
PPA's Explained
An onsite solar PPA is a long-term electricity supply agreement that enables you to install a solar system on your premises – without the capital outlay. Your PPA provider owns, operates and maintains the system and sells you the electricity it generates at an agreed rate (c/kWh).s.
This rate is typically significantly lower than what you would pay for grid-sourced energy. Ideal for large businesses that operate during daylight hours, PPAs are typically in place for 10-30 year