TL;DR
ZERO upfront costs
ZERO headache, a true turnkey solution
Lower your energy bill by 10%+
Reduce or remove blackout risk
Increase your ESG score and help the environment!
How Does a Solar PPA Work?
A commercial solar PPA (Power Purchase Agreement) is a contract between a solar generator/developer and a company. In this agreement, the company agrees to buy the energy generated at a 10%+ discount for a specified amount of time, in our case, around 20+ years. The electricity from the Solar PV System is delivered to your company/business as it is generated, reducing energy costs and dependence on the electrical grid.
Benefits of a Solar PPA
The main benefit of a solar PPA is in lowering your electricity spend. A PPA provides stability against fluctuating electricity prices and reduces your electricity expenses by 10+%, and with a solar PPA there is zero initial cost. Additionally, a C26 PPA locks in a graduated rate at or below projected utility price increases.
During power outages or grid failure, you can’t always count on traditional energy services. When running a business that relies heavily on refrigeration or heat, this is especially important in order to reduce the risk of food spoilage or a loss in quality. Battery storage can be added to a solar PPA, minimizing your company’s exposure to blackouts and operational disruptions.
How to Procure a Solar PPA
Identify and Analyze Target Site: We will determine your annual energy use in order to find an estimate of how many panels will be needed to support your business. Additionally we estimate the available space you have for the potential solar system. We will then inspect your roof and meter(s) to analyze the integrity of the roof and check if it is feasible as-is.
System and PPA Proposal: After we finish analyzing how viable the PPA project is, we will give you an estimate on pricing or the rate per kWh. This includes a cost savings analysis, which details the difference in cost when signing the PPA versus your traditional energy bill. If you’re still interested, we then go ahead and design a mockup what the solar PV system and storage would look like based on your specific property.
System Permitting & Interconnection: After an agreement is finalized, we then need to obtain a permit for construction on the property. Sometimes we also have to identify any upgrades required for interconnection.
Construction of Solar PV Project: Once we receive approval for the project, our technicians and installers work on-site to mount the solar panels on the rooftops, ground-mounted structures, or carports.
Final Inspection and Activation of System: We then conduct a final field inspection with final utility approval to make sure everything is working smoothly, and then proceed to activate the system for you to use!
In conclusion, a solar PPA can be a great option for businesses who are:
Searching for a way to avoid high initial expenditures, but still looking to switch to renewable energy
Interested in fixed rates and long-term savings on your energy bill
Looking for a turnkey solution
Seeking sustainable solutions to reach your ESG initiative goals
With our straightforward process, getting commercial solar has never been so easy. If you’re interested in learning more, connect with our team at C26 Solar by visiting our website or booking a call with us today!
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