Best Solar Company in Valle Vista, CA

An agreement to purchase solar energy (PPA) is a financial agreement in which an outside solar developer manages, owns, and maintains the solar photovoltaic (PV) system, and a customer agrees to purchase electricity from the system for the fixed rate per kilowatt-hour (kWh) over a specific duration. PPAs with solar are a popular way for businesses, schools and other entities to go solar with little to no upfront expense. Although solar PPAs can offer substantial financial advantages, it’s essential to realize that you will be relinquishing certain benefits associated with owning your own solar power system. For instance, you’ll not have the opportunity to take advantage of tax credits for solar and other benefits, and you will not be in a position transfer excess energy back to grid. Furthermore, you may be susceptible to price increases every year, as well as fees for early termination in the event that you decide to terminate the agreement before the end of the contract. This is why it’s crucial to consider all the advantages and disadvantages of solar PPAs before entering into one.