Power Purchase Agreements (PPA’s)

Power Purchase Agreements (PPA’s)

FAQ

  • We review your daily load and costs
  • We perform an analyses to determine the best result for your business
  • We provide you with a report including expected savings over 25 years
  • You agree to purchase the solar power at a rate that is locked in for 15 years, from the only PPA funder using only the best quality panels, this is the Power Purchase Agreement or PPA
  • ZERO outlay for you
  • We prepare and lodge all applications
  • We provide and install a Tier 1 Solar System The PPA funder insures the system
  • The PPA Funder maintains and warrants the system with contracted SLA with CorriPower
  • The PPA Funder monitors the system
  • You save from day one
  • Lifetime savings can range from 20% to 55%
4 EASY STEPS TO GET A ZEROCOST SOLAR SYSTEM FOR YOUR BUSINESS
We provide a detailed energy audit report
You take a positive step for the environment and controlling your costs
We design and install a premium quality solar system
You save from day one
WHAT ARE POWER PURCHASE AGREEMENTS AND HOW DO THEY WORK?

No capital expenditure, or maintenance cost or hassle. No impact on your balance sheet Power Purchase Agreements (PPA’s) are agreed upon terms under which a consumer receives discounted power from a solar system installed on their premise. The purchase price comes at a locked in rate, and is set for a period of time (generally 15 years).

Commpower’s PPA provider will pay for a solar system to be installed that is specifically designed to meet the needs of each site. The system will then generate renewable energy that is consumed by the electricity customer at the property.

PPA power rate is known, resulting in immediate savings. This green power is sold to the customer at an agreed rate, which results in lower costs than the current electricity retailer. The price is pre-agreed for the full 15 year term, so you have the ability to know exactly what your roof price will be for the full term. For example, a business installed under a PPA can secure a fixed low cost rate, for all the power they offset through the solar system, only limited by how many panels their roof can accommodate.

This gives companies the ability to have price surety over a 15 year period.
In some cases, the customer can take ownership of the system at the end of the PPA term for zero dollars, giving them a further 10 years of panel warranted performance. Over the lifetime of the system, customers can save up to 55% of their electricity costs.

A CASE BY CASE APPROACH IS TAKEN TO PRODUCE EACH INDIVIDUAL PPA

As a PPA is tailored to each sites specific needs, a case by case approach is taken to include factors such as:

  • Planned renovations
  • Increases in required system size
  • Tenant turnover
  • Owner Occupier change
  • Novation of agreements

This is where CommPowers expertise in facilitating this set us as bench-markers in the industry.