Best Solar Company in Eden, CA

An agreement to purchase solar energy (PPA) is an agreement for financial transactions in which a third-party solar developer manages, owns, and manages the photovoltaic (PV) system and a client agrees to purchase power from the system at a fixed price per kilowatt-hour (kWh) over a predetermined duration. Solar PPAs are a common method for schools, businesses as well as other institutions to make the switch to solar at a low to no upfront cost. While solar PPAs can provide significant financial benefits, it is crucial to be aware that you will be relinquishing some of the advantages that come with owning your own solar power system. For instance, you’ll not have the opportunity to take advantage of solar tax credits as well as other incentive programs, and you will not be in a position for selling excess electricity back to grid. Additionally, you could be in the midst of annual price hikes, as well as early termination fees in the event that you decide to terminate the agreement before the end of the agreement. Therefore, it’s important to carefully consider all of the advantages and disadvantages of solar PPAs prior entering into one.