Best Solar Company in Bell, CA

An agreement to purchase solar energy (PPA) is an agreement for financial transactions in which the third-party solar developer is the one who is the one who owns, manages and maintains the photovoltaic (PV) system and the customer accepts to buy power from the system at the fixed rate per kilowatt-hour (kWh) for a predetermined duration. Solar PPAs are a popular method for schools, businesses, and other organizations to go solar with little or no upfront costs. While solar PPAs may provide significant financial advantages, it’s important to understand that you’ll lose some of the advantages which come with having your own solar panel. For instance, you won’t not have the opportunity to take advantage of tax credits for solar or other incentives, nor will you be able to sell excess power back to grid. Furthermore, you may be in the midst of annual price hikes and also early termination charges should you opt to end the agreement prior to the expiration of the term. This is why it’s important to carefully consider all of the pros and cons of solar PPAs before signing one.