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The SPPA provides a hassle-free way to benefit from solar PV, while we take care of the responsibilities of being a solar system owner-operator, including long-term operation and maintenance. After the lease term, which typically lasts 25 years, ownership of the system transfers to the lessee to enjoy free solar PV electricity for the remainder of the system’s life.
- Power Purchase Agreement (PPA) Funding
A Power Purchase Agreement (PPA) is a contract between an...
- Power Purchase Agreement (PPA) Funding
A Power Purchase Agreement (PPA) refers to a contractual agreement between two parties, typically a power producer and a customer. The producer usually arranges the design, gains the necessary permissions and manages the installation of a solar PV system on the customer’s property at little to no cost. Whilst under contract, the customer ...
- What Is A Solar Power Purchase Agreement (Sppa)?
- How Do SPPAS Work?
- Sppas, Renewable Energy Certificates, and Green Power Partnership Eligibility
- Additional Resources
A Solar Power Purchase Agreement (SPPA) is a financial arrangement in which a third-party developer owns, operates, and maintains the photovoltaic (PV) system, and a host customer agrees to site the system on its property and purchases the system's electric output from the solar services provider for a predetermined period. This financial arrangeme...
Figure 1 below illustrates the roles of all participants in an SPPA. Adapted from Rahus Institute's "The Customer's Guide to Solar Power Purchase Agreements" (2008). A host customer agrees to have solar panels installed on its property, typically its roof, and signs a long-term contract with the solar services provider to purchase the generated pow...
In order to claim a system's on-site solar electricity production towards the Green Power Partnership's green power use requirements, a Partner must retain the associated renewable energy certificates (RECs) generated by the system. For more information on solar, RECs, and associated claims, read Green-e's Solar FAQs and Claims (pdf)fact sheet. Sys...
The resources below provide additional information on SPPAs. 1. The Rahus Institute's "The Customer's Guide to Solar Power Purchase Agreements" 2. Webinar: Solar Power Purchase Agreements 3. Solar Electric Power Association 4. Solar Energy Industries Association
A Power Purchase Agreement (PPA) is a contract between an electricity generator and a customer who wants to purchase the energy generated by the facility. The developer finances, owns, operates and is responsible for the facility and the customer pays a price per megawatt hour generated to obtain the rights to the energy and ancillary products ...
Short for power purchase agreement, a PPA is a special leasing contract you sign with a 3rd party, with most contracts lasting anywhere from 10 to 20 years. That 3rd party (the “Seller”) agrees to install a brand-new solar installation on your property at a deeply discounted rate. Sometimes the cost is £0, but in most cases, you can expect ...
A solar power purchase agreement is a financing 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 ...
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What is a solar power purchase agreement (SPPA)?
What is a power purchase agreement (PPA)?
What is a solar PPA agreement?
Why are solar power purchase agreements gaining popularity?
Mar 13, 2023 · The developer owns the system but agrees to sell you electricity at a fixed, reduced cost per kilowatt hour (kWh) used, in exchange for letting them install the array on your property. These types of agreements are usually in place for 10-25 years, though they could span as much as 30 years. A solar PPA is commonly used to finance larger ...
