Best Solar Company in Morton, CA

An agreement to purchase solar energy (PPA) is a financial agreement in which an outside solar developer is the one who owns, manages and manages the solar photovoltaic (PV) system, and a customer is obligated to purchase electricity from the system for an agreed-upon price per kilowatt hour (kWh) during a predetermined period of time. Solar PPAs are a common method for schools, businesses and other entities to go solar with little to no upfront expense. While solar PPAs can provide significant financial benefits, it is important to understand that you’ll lose many of the benefits which come with having your solar panel. For example, you will not have the opportunity to take advantage of tax credits for solar as well as other incentive programs, nor will you be allowed transfer excess energy to grid. Additionally, you could be subject to annual price increases and also early termination charges in the event that you decide to terminate the agreement prior to the expiration of the agreement. As such, it is important to carefully consider all the advantages and disadvantages of solar PPAs before signing one.