A power purchase agreement (PPA) also known as ‘free solar’ is a popular proposition that offers credible companies long term financial, accounting and eco benefits. It involves two parties, with one business generating the solar energy and the other business purchasing it.
A Solar PPA also satisfies companies that prefer to use external investors to leverage the benefits of solar energy whilst they reinvest their own funds into core business activities.
Benefits and features of a Solar PPA
- Solar PPA electricity reduces your grid electricity purchases.
- Solar PPA electricity is charged at agreed prices for the duration of the contract.
- Provides future certainty over electricity expenditure.
- Lease terms up to 25 years.
- Fully maintained and managed system throughout the solar PPA term.
- Excess funds to be reinvested into the business.
SER Technologies offers a meticulous process to ensure your project runs smoothly and successfully. We take care of everything;
- Initial Site Survey
- Modelling and Savings Forecasts
- Options Appraisal
- Planning Application Submission (if required)
- Distribution Network Operator Connection Agreement
- Structural Assessments
- Electrical Assessments
- System Design
- Construction
- System Registrations
- Operations and Maintenance