The benefits of PPA to Solar Customers
A Solar PPA (Power Purchase Agreement) is, in its simplest form, a financial agreement which allows companies across Scotland to purchase solar energy that is converted into green electricity from Green Energy Companies like ourselves with NO UPFRONT COSTS.
This means that your business can take advantage of the many benefits of solar energy without having to invest in the initial purchasing and installation costs commonly associated with solar power. It also means that you do not have to worry about the yearly maintenance of solar panel systems installed in your business as we take care of that as well.
It all sounds good doesn’t it! But what are the benefits of PPAs for Solar Customers?
No Upfront Costs
At Low Energy Services, we handle the upfront costs of installing your solar panels for you. We handle the initial design, sizing, procuring and installing of the solar PV system. This means that your business can adopt solar panels and begin saving money on your energy bills as soon as the system is operational. You don’t have to wait for a set ‘Return on Investment’ (ROI) point as with a Solar PPA, you had no upfront costs to contend with.
Reduced Energy Costs
When companies commit to a Solar PPA, it provides them with a predetermined cost for their electricity for the duration of the PPA. Customers can, typically select between a fixed escalator plan that rises at predetermined points and a fixed/constant term price.
Low Risk for Low Energy Services
A PPA means that we are responsible for the performance of the solar panels and the maintenance of the system through its agreed lifespan. That means there is one less worry for your and a low overall risk of entering the solar energy sector.
Potential Property Value Increase
It obviously depends on a variety of other circumstances but having solar panels fitted to a building can increase its value. As we all make the switch towards Net Zero by 2050, solar panels are one of the main ways that companies can save money whilst reducing their carbon footprint and having solar panels fitted to your property can be a great selling point in the future.
Find out more
To find out more about our PPA options and how they would work for your business, take the next step by getting in touch with our Green Energy Team.
From survey and design, through to installation and maintenance, we offer turnkey green energy solutions for businesses across Scotland and PPA presents businesses with a great opportunity to add solar panels to their building and lock themselves into a manageable electricity tariff for the next 25 years.