Power Purchase Agreement
GB NRG collaborates with the UK’s premier financial institutions to offer business clients a complimentary, fully maintained solar PV system through our power purchase agreement (PPA).
We cover the entire installation cost of your commercial solar PV system, enabling your business to enjoy the advantages of solar PV without impacting your capital. Utilise our funding today to initiate your clean energy journey, and in the future, when the timing suits you, have the option to repurchase the system from us.
A Solar Power Purchase Agreement (PPA) is a financial arrangement enabling businesses, government agencies, and educational institutions to access solar electricity without an initial capital investment. By leasing the roof space, these entities can purchase discounted solar electricity instead of investing in their own solar PV system.
Engaging in a PPA provides an efficient way to enjoy the advantages of solar PV without shouldering the responsibilities of system ownership. It particularly appeals to companies keen on redirecting funds to their core business activities.
Supported by extensive, proactive operation and maintenance efforts, we ensure that your system consistently meets expectations, delivering projected savings not just in the short term, but for a minimum of the next 25 years.
How a Solar PPA works
Simplifying the process for your convenience:
- We evaluate your roof’s potential, collecting data on your current electricity usage and pricing.
- We present a proposal showcasing financial savings and carbon reduction forecasts.
- Upon agreement, you lease the airspace above your roof to us through a Power Purchase Agreement (PPA).
- We install the solar PV system, ensuring minimal disruption to your business.
- Enjoy reduced electricity bills for approximately 25 years, with no maintenance costs and worry-free system operation.
- After 25 years, ownership transfers to you, allowing you to benefit from free solar PV electricity for the remaining approximately 10 years of the system’s life.
CHEAP LONG-TERM POWER
COST-EFFECTIVE ELECTRICITY OVER THE LONG TERM
Government data suggests a yearly increase of 5.04%* in average electricity prices for the industrial sector, potentially doubling your bill every 14 years.
Opting for a power purchase agreement entails no upfront costs or ongoing fees. This choice ensures immediate savings from day one, with continuous benefits throughout the agreed term. Once the term concludes, ownership transfers to you, allowing your business to enjoy free solar electricity for the remaining lifespan of the system (approximately 10 years or more)
Contact UsBenefits of Power Purchase Agreement (PPA)
ZERO UPFRONT COST
We fully fund your commercial solar PV system, ensuring you start saving from the very first day
IMMEDIATE SAVINGS ON ELECTRICITY BILLS
Solar electricity is procured at a significantly lower rate compared to what your current energy provider offers
ZERO COST ‘GREEN’ CREDENTIALS
Enhance your company’s environmental responsibility and foster positive relationships with environmentally conscious customers, suppliers, and staff
NO MAINTENANCE OR INSURANCE COSTS
We actively oversee the system through a comprehensive, long-term operation and maintenance contract, which includes providing insurance coverage—all without any cost to you
LONG-TERM PROTECTION + FORECASTING
The unit price for electricity generated by the solar PV system will increase only in accordance with RPI, enabling you to budget more effectively
FULLY TRANSFERABLE
If you relocate to new premises, the Power Purchase Agreement (PPA) can be transferred to the new occupants of the property
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Our team is here to help with your queries and questions. Please get in touch by calling our contact numbers, sending us an email, or filling out this form and we will get back to you as soon as possible.