No Capital Expenditure
Immediate
Savings
Full Turnkey
Solution
What is a Power Purchase Agreement & how does it benefit your business?
A solar power purchase agreement is a financing arrangement that allows
businesses, government agencies and educational institutions to purchase solar electricity with no upfront capital cost. You rent your roof and buy the discounted solar electricity rather than investing in a solar PV system of your own.
A PPA offers an effective means to reaping the benefits of solar PV without having to take on the responsibilities of being a solar system owner-operator. A PPA also satisfies companies that prefer to reinvest their funds into core businesses activities.
Underpinned by long-term, proactive operation and maintenance activities,
we ensure your system performs in line with expectations and delivers the forecasted savings not just today, but for at least the next 25 years.
Long-term cheaper electricity
The price of electricity supply has increased significantly over the past few years and this trajectory is forecast to continue. No upfront costs or ongoing fees means that opting for a power purchase agreement will begin to make savings from day one and continue to benefit for the full term of the agreed contract. Once the agreed term ends, ownership of the system transfers to you and your business can enjoy free solar electricity for the remaining life of the system.
Zero
upfront cost
Your commercial solar PV system is entirely funded by us and our partners so you start saving from day one
Immediate savings on electricity bills
Solar electricity is purchased at a much cheaper rate than is available from your current energy provider
Zero cost ‘green’ credentials
Improve your company’s environmental responsibility and enhance relations with green thinking customers, suppliers and staff
No maintenance or insurance costs
We proactively manage the system under a long-term operation and maintenance contract, including the provision of insurance cover, all at no cost to you.
Long-term protection and forecasting
The unit price you pay for electricity generated by the solar PV system will only rise in line with RPI (retail price index), allowing you to budget more effectively.
Fully
transferable
The PPA can be transferred to new occupants of the property should you move to new premises.
FAQs
Our remote monitoring equipment will alert us to a fault immediately and it is our responsibility to resolve the problem through our long-term operations and maintenance contract. To minimise the risk of any such issues, we only specify and install high quality equipment supported by market-leading, insurance approved, warranties and guarantees.
If you move or sell your property within the agreed term, the lease of the roof space and the Power Purchase Agreement are transferred to the new building owner and they will then continue to enjoy the benefits of the discounted clean, green electricity the system generates.
Nexus Contracts is able to achieve significant reductions on the price you are currently paying for your grid electricity. The starting tariff for a PPA would typically range from 17-25ppkw linked to the annually adjusted Retail Price Index (RPI).
