Best Solar Company in Pedley, CA

A solar power purchase agreement (PPA) is an agreement that is financial in nature. the third-party solar developer is the one who manages, owns, and manages the photovoltaic (PV) system, and a customer accepts to buy power from the system at an agreed-upon price per kilowatt hour (kWh) over a specified period of time. Solar PPAs are a common way for businesses, schools and other entities to go solar with little or no upfront costs. While solar PPAs can provide substantial economic benefits, it’s important to understand that you will be relinquishing many of the benefits associated with owning your own solar PV system. For example, you will not have the opportunity to take advantage of solar tax credits or other incentives, and you will not be allowed transfer excess energy back to the grid. Furthermore, you may be susceptible to price increases every year, as well as early termination fees should you opt to end the agreement before the end of the agreement. This is why it’s essential to take a careful look at all of the advantages and disadvantages of solar PPAs prior entering into one.