What is a Power Purchase Agreement (PPA)?
A Power Purchase Agreement, or electricity power agreement, is a contract between a PPA provider and a business or organisation for the purchase of energy. In this agreement, we install, supply, and maintain solar panels on your premises at zero capex. In return, you purchase the electricity generated by the solar panels at a low, fixed rate. Rates start from just 15p per kWh*, which is typically lower than your usual energy suppliers retail rate, and is guaranteed for the duration of your contract.
Benefits of PPAs
Improve EPC
• EPCs are modelled using SAP software, which estimates energy use and emissions under standard conditions.
• Solar PV reduces grid electricity demand, which lowers modelled running costs and carbon output.
Zero Upfront Costs
Preserve capital for core operations.
Save on Energy Bills
Fixed-rate solar beats grid prices.
Generate revenue with EV Chargers
Add one or more EV chargers to your system, which can be made publicly available, generating further revenue.
Decrease your Carbon Footprint
Helps meet ESG and net-zero goals
Who Can Benefit from a PPA
Warehouses & Factories
With high daytime usage.
Retail & Commercial Landlords
Generate an income from solar energy.
Farms & Agricultural Sites
With large roof space.
*The current domestic energy price cap for electricity is 28.6p per kWh, if you use 60000 kWh per year the cost of electricity is £17,160. At an Energy For All rate of 15p per kWh the electricity cost would be £9,000, saving you £8,160 over 12 months.
*Price correct as at 01.04.2024 and would be guaranteed for the duration of the contract.