Best Solar Company in White Water, CA

An agreement to purchase solar energy (PPA) is a financial agreement in which an outside solar developer manages, owns, and manages its solar photovoltaic (PV) system and a client is obligated to purchase electricity from the system for an agreed-upon price per kilowatt hour (kWh) during a specific duration. Solar PPAs are a popular way for businesses, schools as well as other institutions to go solar with little or no upfront costs. While solar PPAs may provide substantial economic benefits, it’s important to understand that you will be relinquishing some of the advantages which come with having your own solar panel. For instance, you won’t not be able to take advantage of tax credits for solar and other benefits, and you will not be able transfer excess energy back to the grid. Additionally, you could be subject to annual price increases and fees for early termination in the event that you decide to terminate the agreement prior to the expiration of the contract. As such, it is important to carefully consider all of the pros and cons of solar PPAs prior signing one.