What is a Solar Power Purchase Agreement (PPA)?
A Power Purchase Agreement (PPA) is a financial arrangement where a third-party developer designs, finances, installs, and maintains a solar energy system on your commercial property at zero upfront cost to your business.
How Does it Work?
Instead of buying the solar panels, your business agrees to purchase the electricity generated by the system at a fixed, discounted rate for a set term (usually 15 to 25 years). This rate is typically significantly lower than what you would pay your traditional energy supplier.
The Benefits of a PPA
- Zero Capital Expenditure: No upfront costs or budget approvals required to start generating renewable energy.
- Immediate Savings: Reduce your operational expenses from day one with cheaper electricity.
- Predictable Energy Costs: Hedge against volatile grid energy prices with fixed PPA rates.
- No Maintenance Hassles: The developer owns the system and is responsible for all upkeep, repairs, and insurance.
- Sustainability Goals: Significantly reduce your carbon footprint and improve your ESG (Environmental, Social, and Governance) profile.
Is Your Business Suitable?
PPAs are ideal for businesses with large, unshaded roof spaces (like warehouses, factories, and retail parks) and high daytime energy consumption. Open Energy Services works with top-tier commercial solar developers across the UK to secure the most competitive PPA rates for your business.
Want to see if you qualify?
Take our quick assessment to check your eligibility for funding schemes, solar panels, and heat pumps.
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