Skip to main content

Power Purchase Agreement (PPA)

PPA's (power purchase agreements) are fully funded by an external investment company.

GET IN TOUCH

Power Purchase Agreement (PPA)

What is a PPA agreement?

  • PPA’s (power purchase agreements) are fully funded by an external investment company, they will pay for the full system to be installed and the maintenance costs with no cost to you.
  • The investment company owns the system on your roof, in return they provide the school/business with cheap, self-generated electricity.
  • PPA you will be reducing an average school’s/businesses electricity bill on average by 40-50 percent, saving amounts vary and depend on the customers usage and costs at the time of installation.
  • The school/business benefits by having a heavily reduced electricity bill that is fixed for the duration of the PPA agreement (the cost to you will not rise as and when utility providers increase their prices). There is also index linked and tracker options, the best option for you will be explained in more details during the course of your PPA application.
  • The investment company sells any unused electricity back to the grid which makes it a viable proposition to them.
  • PPA agreements can range from 10- 35 years
  • Electric vehicle chargers (EVC’s) can be included within your PPA
  • When the agreement comes to an end, you can choose to either have full ownership of the system transferred to the school/business (no cost) or you can choose to renew the PPA agreement. You will be advised on the best option to you when the agreement is nearing its end.
  • A full free, comprehensive survey will be carried out at the school/business, if it is deemed that any repair work is needed to your school/business roof ahead of installing the system, this will be included within the PPA and any works will be carried out, again free of charge.
  • A solar generation monitor will be installed in schools (free of charge) for education purposes, the children and staff will be able to see a visual of what the solar panels are producing. Solar power has no emissions, it just silently produces pure, clean energy. What the monitor will show is the savings that are being made by generating your own clean energy, instead of nuclear powered or coal. It will convert the Co2 emissions saved by your solar panel system into the equivalent amount of trees planted, long haul flights, cars taken off the road etc. It is fantastic for all to see and a real learning point for how switching to clean, self-generated energy benefits not only you as a school but also the planet.
  • PPA’s are a fantastic way of considerably reducing your energy bills, in turn increasing your schools/businesses cash flow, the savings that you are making can be re-invested in other areas.
  • Increase your school’s/businesses energy efficiency rating (EPC)
  • Be MEES ready, the government is set to announce new minimum energy efficiency standards for businesses and schools a like as well as the private housing sector. By installing a large scale solar PV system to your premises, this will greatly increase your school’s/businesses energy efficiency rating and see that you are compliant with the new legislation at no cost to you.
  • Reduce your carbon footprint and contribution to net zero.
  • PPA Typically, you will be reducing your school’s/businesses electricity bill on average by 40-50 percent, the savings that you stand to make depend on several factors, customer usage, system generation and costs at the time of installation.

Contact us for more information:

Tel: 01253 366 095
Email: Here