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 owns, operates, and maintains the solar photovoltaic (PV) system, and a customer accepts to buy energy from the system at the fixed rate per kilowatt-hour (kWh) for a specified duration. PPAs with solar are a popular option for schools, businesses, and other organizations to go solar with little to no upfront expense. While solar PPAs may provide substantial financial advantages, it’s important to understand that you’ll lose many of the benefits associated with owning 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 allowed transfer excess energy to the grid. In addition, you may be susceptible to price increases every year, as well as fees for early termination should you opt to end the contract before the end of the term. As such, it is important to carefully consider all of the advantages and disadvantages of solar PPAs before entering into one.