At Farrington Electrical, we use PPA agreements to ensure that you are getting the most value out of our services for your business.
These agreements are a way of obtaining a solar installation with laterally 0 upfront costs. There are no catch or hidden costs, installation costs, and maintenance costs, and in some instances, if your roof needs fixing before the solar can be installed, this can also be catered for on some occasions.
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Who Can Have These Installations?
These are mainly for companies who own their own building and has a roof capable of housing solar panels. Originally, the roof would’ve had to hold around 200 panels, which would have meant a roof or roofs of around 400m2. But this is changing constantly; I now hear that even smaller installations have these types of installs backed up. So, the PPA funders install an installation on your business’s roof, and then, for the lifetime of the agreement, you buy your electricity from the PPA provider. With PPA secured, this provides price security for the lifetime of the agreement, and obviously, at a much lower rate than your standard electricity provider’s rate. This is the option most businesses are taking now, and compared to the loan or actually fronting this type install yourself its actually makes really good business sense. So, for more information about how PPA can help your business, please don’t hesitate to get in touch. Enquire Here
