Best Solar Company in Jefferson, CA

A solar power purchase agreement (PPA) is an agreement for financial transactions in which an outside solar developer manages, owns, and maintains the solar photovoltaic (PV) system and a client agrees to purchase power from the system at the fixed rate per kilowatt-hour (kWh) during a specific duration. PPAs with solar are a popular way for businesses, schools, and other organizations to go solar with little to no upfront expense. While solar PPAs may provide significant economic benefits, it’s crucial to be aware that you will be relinquishing some of the advantages that come with owning your own solar power system. For example, you will not have the opportunity to take advantage of solar tax credits as well as other incentive programs, and you will not be able for selling excess electricity to the grid. Additionally, you could be in the midst of annual price hikes and also early termination fees should you opt to end the agreement prior to the expiration of the term. This is why it’s crucial to consider all of the advantages and disadvantages of solar PPAs prior to entering into one.