Best Solar Company in Ramona, CA

An agreement to purchase solar energy (PPA) is a financial agreement in which an outside solar developer owns, operates, and manages the solar photovoltaic (PV) system, and a customer is obligated to purchase energy from the system at a fixed price per kilowatt-hour (kWh) for a specific period of time. Solar PPAs are a common option for schools, businesses, and other organizations to go solar with little to no upfront cost. Although solar PPAs can offer substantial economic benefits, it’s important to understand that you will be relinquishing certain benefits which come with having your own solar power system. For instance, you won’t not have the opportunity to take advantage of solar tax credits as well as other incentive programs, nor will you be able to sell excess power to the grid. Furthermore, you may be susceptible to price increases every year, as well as early termination charges if you choose to cancel the agreement prior to the expiration of the term. Therefore, it’s important to carefully consider all the advantages and disadvantages of solar PPAs prior signing one.