Best Solar Company in Sunnyslope, CA

The solar power purchase contract (PPA) is an agreement that is financial in nature. an outside solar developer owns, operates, and maintains its solar photovoltaic (PV) system and a client agrees to purchase electricity from the system for a fixed price per kilowatt-hour (kWh) over a specified period of time. Solar PPAs are a common method for schools, businesses as well as other institutions to make the switch to solar at a low to no upfront expense. While solar PPAs may provide significant financial benefits, it is important to understand that you’ll lose some of the advantages which come with having your own solar power system. 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 in a position transfer excess energy back to grid. Furthermore, you may be susceptible to price increases every year and fees for early termination if you choose to cancel the contract before the end of the agreement. This is why it’s crucial to consider all the pros and cons of solar PPAs before signing one.