Power Purchase Agreement (PPA) is a long-term contract that provides property owners with renewable energy. You are not charged for equipment or installation and you only pay for the energy used. This type of financing agreement is primarily used for renewable energy that gets installed on your property; however, in some select jurisdictions you may be able to purchase renewable energy that's installed offsite. PPA contracts typically involve a solar installer, a capital provider, and a property owner. Savings are guaranteed whenever the rate for power that is listed in the PPA is less than the rate charged by your utility provider.
“I was a long time fan of alternative energy but concluded it didn’t work in WI. But, after looking at the solar ROI, I decided it was a perfect investment for our new building.”
- building owner, 360 Direct
“SunPeak demonstrated clearly the recent afordability of solar (prices came down a lot.) We feel really good that a majority of our electricity is coming from the sun and we are protecting the environment while making a smart business decision at the same time.”
- Nina Lebwohl, Manager, Foundry Apartments
“Balancing historic preservation requirements with sustainability principles was a challenge. We assembled a team of experts to move through the process. SunPeak was a vital part of that team.”
- Dave Morgan, Owner, Single Speed Brewery
