Thinking about installing solar, but don’t have all the capital funds? A power purchase agreement (PPA) might be an option, using a local organization. Here’s some background information about PPA.
“A solar power purchase agreement (PPA) is a financial agreement where a developer arranges for the design, permitting, financing and installation of a solar energy system on a customer’s property at little to no cost. The developer sells the power generated to the host customer at a fixed rate that is typically lower than the local utility’s retail rate. This lower electricity price serves to …”
Read the full fact sheet at http://www.seia.org/research-resources/solar-power-purchase-agreements
——————-
The Solar Energy Industries Association (SEIA®) is the driving force behind solar energy and is building a strong solar industry to power America through advocacy and education. As the national trade association in the U.S., we represent all organizations that promote, manufacture, install and support the development of solar energy.