Best Solar Company in Stockton, CA

The solar power purchase contract (PPA) is an agreement that is financial in nature. an outside solar developer is the one who owns, manages and maintains the photovoltaic (PV) system and the customer accepts to buy power from the system at an agreed-upon price per kilowatt hour (kWh) for a predetermined period of time. Solar PPAs are a common way for businesses, schools, and other organizations to go solar with little to no upfront cost. While solar PPAs may provide substantial economic benefits, it’s important to understand that you’ll be losing certain benefits which come with having your solar panel. For instance, you’ll not have the opportunity to take advantage of tax credits for solar as well as other incentive programs, and you will not be able for selling excess electricity back to the grid. Furthermore, you may be in the midst of annual price hikes and early termination fees in the event that you decide to terminate the agreement prior to the expiration of the agreement. Therefore, it’s important to carefully consider all the advantages and disadvantages of solar PPAs before signing one.