Many companies and government entities are choosing to go solar through a recent financing mechanism known as a power purchase agreement or a PPA.

A PPA is a long-term agreement to buy power from a separate company that finances and owns the solar system and then sells the end-user the electricity generated by the system.

Hutchinson Business Solutions (HBS) PPA partners use their own funds to finance the installation of a solar power system for your facility. The same PPA partner maintains and operates the solar power system, typically for 15 years or more.

In purchasing, operating and maintaining the solar system, the PPA partner assumes all the risks and responsibilities of ownership. At the end of the PPA term you can either purchase the solar system at fair market value or extend the PPA.
With a PPA you reap all the advantages of going solar, from lower electricity costs to public relations benefits, while conserving precious capital for other needs and opportunities.
We feel that a Power Purchase Agreements provide the best funding vehicle for Municipal and Non Profit Organizations. The Federal and State Governments have provided many financial incentives.
A Power Purchase Agreement allows these organizations to take advantage of these incentives with no upfront investments and save on electric cost.
 
PPAs at a glance:
  • Third-party financing company purchases a solar electric system for your facility, then charges you for the electricity generated.
  • No up-front capital required.
  • No maintenance work or risk.
  • You secure a long-term contract for power, often below current utility rates.
  • Stabilize an operating cost that was once highly variable.
  • Fixed electricity rates are a hedge against rising energy costs or spikes.
 
To learn more about how a Power Purchase Agreement may benefit you call 856-857-1230 or email george@hbsadvantage.com