Best Solar Company in Winter Gardens, CA

An agreement to purchase solar energy (PPA) is an agreement for financial transactions in which the third-party solar developer is the one who is the one who owns, manages and maintains its solar photovoltaic (PV) system and the customer is obligated to purchase power from the system at a fixed price per kilowatt-hour (kWh) during a specified period of time. Solar PPAs are a popular option for schools, businesses as well as other institutions to switch to solar power with minimal or no upfront costs. While solar PPAs can provide significant economic benefits, it’s crucial to be aware that you’ll lose many of the benefits associated with owning your own solar PV system. For instance, you won’t not have the opportunity to take advantage of tax credits for solar as well as other incentive programs, nor will you be allowed to sell excess power back to grid. In addition, you may be subject to annual price increases, as well as early termination fees in the event that you decide to terminate 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 before entering into one.