Best Solar Company in San Dimas, CA

An agreement to purchase solar energy (PPA) is an agreement that is financial in nature. a third-party solar developer is the one who owns, manages and maintains the solar photovoltaic (PV) system, and a customer is obligated to purchase electricity from the system for a fixed price per kilowatt-hour (kWh) for a predetermined duration. PPAs with solar are a popular way for businesses, schools, and other organizations to go solar with little to no upfront cost. While solar PPAs can provide substantial financial advantages, it’s important to understand that you’ll be losing some of the advantages that come with owning your solar power system. For instance, you’ll not have the opportunity to take advantage of solar tax credits as well as other incentive programs, nor will you be allowed transfer excess energy back to grid. Furthermore, you may be susceptible to price increases every year, as well as fees for early termination in the event that you decide to terminate the agreement before the end of the agreement. As such, it is crucial to consider all of the pros and cons of solar PPAs prior signing one.