Power Purchase Agreements
When considering solar panels for a business purchasing a system outright gives you the best returns, however raising capital for the outlay can be an initial concern.
With a Power Purchase Agreements (PPA) a Solar PV system is provided and installed at a zero cost and in turn, any electricity generated you use is then purchased from the financing provider at a pre-agreed cost that is lower than your electricity provider therefore saving you money on your bills of upto 50%. The Feed-In Tariff payments will be nominated to a third party of our choice for the duration of the PPA contract. Upon completion of the contract term then the solar pv system will be gifted to the landlord or owner of the building. The operation and maintenance of the system and associated costs are all covered by Green Yorkshire. As well the PPA contract can be transferred if the building is sold with the new owner continuing to benefit from the cheaper electricity bills. Generally the length of the contract for a PPA is between 20-40 years.
One of our qualified surveyors will conduct detailed analysis of your roof size, type, orientation and pitch. In additon they will also assess you current electricity pricing and bills to ensure you are a suitable candidate for a PPA. For a PPA to be considered your roof needs to have a minimum space available for 50kwp ( 200 panels) that is not affected by shading. If you unsure then one of our trained surveyors will be happy to advise you. It is recommended that the building also has a half hourly electricity meter and an energy performance certificate ( EPC).
After the assessment and we have gathered data about your electricity usage then if it is looking feasible we will make an offer to lease your roofspace in addition to a proposed electricity tariff rate to give you instant savings on your bills. When the agreement is made in principal then we will proceed to secure any relevant permissions with planning or grid connection. If the permissions are obtained then an official PPA agreement is signed to lease the roofspace and install the solar system designed by our highly skilled in house design and technical team.