Best Solar Company in Sulphur Springs, CA

An agreement to purchase solar energy (PPA) is an agreement for financial transactions in which the third-party solar developer is the one who owns, operates, and maintains its solar photovoltaic (PV) system and a client agrees to purchase power from the system at an agreed-upon price per kilowatt hour (kWh) over a specific duration. PPAs with solar are a popular way for businesses, schools as well as other institutions to switch to solar power with minimal or no upfront costs. Although solar PPAs can offer substantial financial benefits, it is important to understand that you will be relinquishing many of the benefits which come with having your own solar panel. For instance, you won’t not be able to avail of solar tax credits and other benefits, nor will you be in a position for selling excess electricity back to grid. In addition, you may be subject to annual price increases and fees for early termination if you choose to cancel the agreement before the end of the term. This is why it’s essential to take a careful look at all the advantages and disadvantages of solar PPAs prior signing one.