POWER PURCHASE AGREEMENT (PPA)
The Solar Power Purchase Agreement (SPPA) is an alternative to financing and owning the system. It offers you an opportunity to install solar or wind power at your facility without paying upfront costs or worrying about system operation and maintenance. Sometimes referred to as a “third party” ownership model, this approach lets you focus on your core mission, while solar experts manage your energy system. For 15 to 20 years, you enjoy predictable, pre-set electricity prices, and power from a solar system that is a source of pride for your organization.
Disclaimer: this document is only intended to illustrate a possible scenario. A wide range of variables can and will alter the possible outcomes. All terms are fully negotiable.
Buyer is the purchaser of electricity
Seller is the seller of electricity, i.e. a limited partnership owned by GLOBAL SOLARIS GROUP