Best Solar Company in South San Gabriel, CA

The solar power purchase contract (PPA) is an agreement that is financial in nature. an outside solar developer owns, operates, and manages the solar photovoltaic (PV) system and a client agrees to purchase energy from the system at an agreed-upon price per kilowatt hour (kWh) over a predetermined period of time. Solar PPAs are a popular option for schools, businesses, and other organizations to go solar with little to no upfront cost. While solar PPAs may provide significant economic benefits, it’s important to understand that you’ll lose many of the benefits which come with having your solar PV system. For instance, you’ll not be able to avail of tax credits for solar as well as other incentive programs, and you will not be able to sell excess power to the grid. Furthermore, you may be subject to annual price increases and early termination fees in the event that you decide to terminate the contract before the end of the agreement. Therefore, it’s crucial to consider all of the pros and cons of solar PPAs prior to entering into one.