Best Solar Company in Whittier, CA

The solar power purchase contract (PPA) is an agreement that is financial in nature. an outside solar developer is the one who owns, manages and maintains the photovoltaic (PV) system and a client is obligated to purchase power from the system at an agreed-upon price per kilowatt hour (kWh) over a predetermined period of time. Solar PPAs are a popular way for businesses, schools as well as other institutions to go solar with little or no upfront costs. Although solar PPAs can offer substantial economic benefits, it’s crucial to be aware that you’ll be losing many of the benefits which come with having your own solar PV system. For instance, you’ll not have the opportunity to take advantage of solar tax credits or other incentives, nor will you be in a position to sell excess power back to grid. Furthermore, you may be in the midst of annual price hikes, as well as early termination charges should you opt to end the agreement prior to the expiration of the contract. Therefore, it’s important to carefully consider all the pros and cons of solar PPAs prior signing one.