Best Solar Company in Sun Village, CA

An agreement to purchase solar energy (PPA) is an agreement for financial transactions in which an outside solar developer manages, owns, and maintains its solar photovoltaic (PV) system, and a customer agrees to purchase power from the system at a fixed price per kilowatt-hour (kWh) over a specified duration. PPAs with solar are a popular option for schools, businesses as well as other institutions 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 some of the advantages associated with owning your solar PV system. For instance, you’ll not be able to take advantage of tax credits for solar and other benefits, and you will not be able transfer excess energy to the grid. Furthermore, you may be susceptible to price increases every year, as well as early termination fees should you opt to end the agreement prior to the expiration of the term. As such, it is important to carefully consider all of the advantages and disadvantages of solar PPAs prior signing one.