incentive-bannerimage

Solar PV Power Purchase Agreement | PPA

Solarsense has partnered with the UK’s leading financial institutions to provide business customers with a free, fully maintained solar PV system via our power purchase agreement (PPA). 

Use our capital today to start your clean energy journey and sometime down the line, when the timing is right, buy the system back from us - if you choose. We will fund the entire installation of your solar PV system allowing your business to reap the benefits of solar PV whilst preserving your capital. 

During the agreed term, the solar electricity generated is purchased at a discounted rate – saving you thousands of pounds every year and giving you long term control over your business overheads.

 

What is a power purchase agreement? 

A power purchase agreement is a finance arrangement that allows businesses, government agencies and educational institutions to purchase solar electricity with no upfront capital cost. You rent your roof and buy the discounted solar electricity rather than investing in a solar PV system of your own. 

A PPA offers an effective means to reaping the benefits of solar PV without having to take on the responsibilities of being a solar system owner-operator. A PPA also satisfies companies that prefer to reinvest their funds into core businesses activities.

 

How a solar PPA works

Keeping the process simple, transparent and hassle-free 

  1. We assess the potential of your roof and gather data regarding your current electricity usage and pricing
  2. We provide you with a proposal demonstrating the financial savings and carbon reduction forecasts
  3. You agree to lease the airspace above your roof to us and enter into a Power Purchase Agreement (PPA)
  4. We install the solar PV system with minimal disruption to your business
  5. You enjoy reduced electricity bills for c.25 years with no maintenance costs and worry-free operation of the system
  6. After 25 years, ownership of the system transfers to you to enjoy free solar PV electricity for the remainder of the system life - c. another 10 years

 

How can a solar PPA agreement benefit my business? 

  1. Free solar PV system - Your commercial solar PV system is entirely funded by us 
  2. Immediate savings on electricity bills - Solar electricity you consume is purchased at a much cheaper rate than is available from your current energy provider
  3. Zero cost ‘green’ credentials - A zero-capital route to improving your company’s environmental responsibility, enhancing relations with green thinking customers, suppliers and staff
  4. No maintenance or insurance costs - We proactively manage the system under a long-term operation and maintenance contract, including the provision of insurance cover, all at no cost to you
  5. Long term protection against energy markets - The unit price you pay for electricity generated by the solar PV system will only rise in line with RPI, allowing you to budget more effectively
  6. Fully transferable - The PPA can be transferred to new occupants of the property should you move to new premises

 

Free commercial solar panels and long-term cheaper electricity

No upfront costs or ongoing fees means that opting for a power purchase agreement your business will begin to make savings from day one and continue to benefit for the full term of the agreed term. Once the agreed term ends, ownership of the system transfers to you and your business can enjoy free solar electricity for the remaining life of the system (c. 10 years +).

 

Will my business qualify for a solar PV power purchase agreement?

If your business satisfies a range of criteria, your business may be eligible to receive a free, fully maintained solar PV system - designed and installed by Solarsense - in return for a fixed term lease or license of your roof.

We will assess the potential of your roof and gather data regarding the size, type, orientation, pitch and its shading. We will also look at your current bills to see if you are a suitable candidate for a PPA.

To see if your business is eligible, contact us today.