Best Solar Company in Perry, CA

The solar power purchase contract (PPA) is an agreement for financial transactions in which an outside solar developer manages, owns, and manages its solar photovoltaic (PV) system and the customer agrees to purchase power from the system at an agreed-upon price per kilowatt hour (kWh) for a specific period of time. PPAs with solar are a popular option for schools, businesses and other entities to switch to solar power with minimal or no upfront costs. While solar PPAs may provide substantial financial benefits, it is important to understand that you’ll lose some of the advantages associated with owning your solar panel. For example, you will not be able 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 to the grid. Furthermore, you may be in the midst of annual price hikes, as well as fees for early termination should you opt to end the agreement before the end of the term. As such, it is essential to take a careful look at all of the pros and cons of solar PPAs prior signing one.