Best Solar Company in Eastmont, CA

An agreement to purchase solar energy (PPA) is an agreement for financial transactions in which an outside solar developer is the one who owns, manages and manages its solar photovoltaic (PV) system, and a customer accepts to buy power from the system at an agreed-upon price per kilowatt hour (kWh) for a specific period of time. PPAs with solar are a popular option for schools, businesses and other entities to go solar with little to no upfront expense. Although solar PPAs can offer substantial financial benefits, it is important to understand that you’ll lose many of the benefits which come with having your own solar power system. For instance, you won’t not be able to avail of solar tax credits and other benefits, nor will you be in a position for selling excess electricity back to the grid. In addition, you may be in the midst of annual price hikes and also fees for early termination in the event that you decide to terminate the agreement prior to the expiration of the agreement. As such, it is crucial to consider all of the pros and cons of solar PPAs prior to entering into one.