A solar PPA is a type of solar financing agreement. With a PPA, a customer does not have to pay for the upfront costs of a solar system.
Instead, they enter a contract with a third-party owner or solar developer who will take care of the design, permitting, and installation of their solar panel system.
In return, the customer pays the developer for the energy the solar panels produce at price lower than the utility’s cost of electricity.
A solar PPA is a great way for businesses and public entities to pay for solar.
To learn more about it and about how solar can benefit your business, get in touch with the Trilect Solar team today.