What is a solar PV power purchase agreement (PPA)?

A solar PV power purchase agreement or PPA offers immediate bottom line savings and carbon emission reductions for no upfront cost. Get a free quote.

What should a solar panel contract include?

Your solar panels’ contract should estimate how much energy will be produced and what savings the client can expect. This section of the agreement should clearly outline how the system’s performance will be monitored and what guarantees are given. Solar power has many benefits for businesses and commercial properties, such as

Are solar PV installations sold between companies?

However, we are aware that in some instances solar PV installations are sold between companies, especially when companies go out of business. This change in ownership may not be communicated to the homeowner.

Who owns the solar panels on my roof?

The solar panels on your roof are owned by the PPA provider, not you. But instead of paying for the system, you pay a monthly fee for the energy it produces. Since those contracts usually cover a 25-year period, you essentially agree to purchase your energy in advance for a pre-negotiated price.

What are the different types of solar panel agreements & proposals?

There are different types of solar panel agreements and proposals available. The one you use will depend on a few different factors. These factors include whether you lease or buy solar panels and whether the contract is for a home, business, or even a large development. A power purchase agreement or PPA is similar to a solar lease agreement.

Can a person own a solar PV installation?

While an individual can own the solar PV panels installed at their property, there are instances where the owner of an installation may be different from the owner of the property or site at which the installation is located.