Best Solar Company in Cherry Valley, CA

An agreement to purchase solar energy (PPA) is a financial agreement in which the third-party solar developer is the one who is the one who owns, manages and manages the solar photovoltaic (PV) system and a client is obligated to purchase energy from the system at an agreed-upon price per kilowatt hour (kWh) for a specified period of time. PPAs with solar are a popular option for schools, businesses, and other organizations to switch to solar power with minimal or no upfront costs. While solar PPAs can provide substantial financial advantages, it’s important to understand that you will be relinquishing certain benefits that come with owning your own solar power system. For example, you will not be able to avail of tax credits for solar as well as other incentive programs, nor will you be in a position for selling excess electricity back to grid. Furthermore, you may be subject to annual price increases, as well as fees for early termination should you opt to end the contract before the end of the contract. As such, it is important to carefully consider all of the pros and cons of solar PPAs prior signing one.