What is a PPA?
Solar and PPA
Like most Solar Providers, Power Save gives businesses the opportunity to purchase Solar to reduce their operating costs.
Unlike many solar companies Power Save also offers eligible clients the opportunity to access solar as a service via a PPA. This provides businesses with access to cheaper energy through no cost Solar along with other additional benefits.
What is a PPA?
A PPA is an abbreviation for Power Purchase Agreement and is an arrangement allowing for the installation of a solar system at no cost to an energy user or building owner.
Instead of owning the system, the customer purchases the electricity they use from the solar system at a reduced rate. We typically reduce electricity costs by 25% on average for electricity generated onsite.
PPA For Different Businesses
Building owner occupier is able to engage in a Solar PPA to benefit from reduced energy costs.
Commercial/ Industrial/ Retail Complexes
If a person is renting a premises with roof space a Solar PPA can still be introduced and the benefits of reduced energy costs carried over to the tenant.
Residential and Commercial Multi-story
The body corporate of a building can also implement a Solar PPA to reduce the energy costs for the common areas of the building.
Features & Benefits
How PPA Works
A Solar Power Purchase Agreement (PPA) saves you money.
Having solar reduces the amount of electricity you use from the grid, enabling you to lower the amount you spend on electricity from the grid.
In the case of PPA, a solar power system is set up on your business’ roof. Power Save invests the funds to set up the Solar System and no investment is required from you. This investment is paid back by charging you for the electricity generated by the Solar System.
The electricity produced by the Solar Power System is purchased by your business at a rate cheaper than you are currently paying, typically 25% off your current electricity rate, leaving you paying less for electricity overall without any investment whatsoever.
The PPA Process
1. Install & maintain all equipment.
2. Customer Service and Support.
Property Owner/ Tenant
1.Enter into a PPA for a minimum agreed period.
1.Provides you with your billing.
* Microgrid Power is a venture partner of Power Save that controls the billing and Microgrid System.
The Solar Purchase Process
- Install and maintain all equipment.
- Customer Service and Support.
- A 5-year generation guarantee.
Property Owner / Tenant
Enter into a solar energy purchase agreement.
Private Hospital Group
Savings over life of PPA
1st Year Savings
Installed over 27 Sites
Discount to grid avg p/a:
Frequently Asked Questions
Reduce your energy costs
Provide us with an energy bill and some details of your business to see how much you could save.