Power Purchase Agreements
MyEnergy Engineering offer an innovative and cost-effective solution for businesses looking to embrace solar energy. Our Power Purchase Agreement (PPA) is a strategic approach for companies aiming to leverage the benefits of solar power without the complexities and financial commitment of owning a solar system. With this agreement, businesses simply purchase the electricity generated, freeing them from the responsibilities of system ownership, operation, and maintenance.
Our clients enjoy the advantage of securing energy at a fixed rate, set for the entire term of the PPA, which typically ranges from 10 to 25 years. This arrangement not only offers a rate substantially lower than standard electricity market prices but also guarantees a reduction of at least 25% from your existing grid tariffs, marking a significant step towards sustainable and cost-effective energy solutions.
The Important Key Factors
of PPA's
No Upfront Costs
Dive into solar with zero initial costs. This setup keeps the system off yourbalance sheet, allowing your capital budget to focus on other growth andprofitability channels.
Immediate Savings
By not requiring upfront capital, you can quickly achieve positive cash flow and save money right from the first day. This allows you to focus on building your business and achieving your goals without worrying about financial constraints.
No Maintenance costs
Forget about ongoing maintenance or insurance costs. Regular inspections ensure the system’s performance, mitigating any risk of production loss.Our tier 1 solar equipment comes fully warranted and insured against loss and damage.
Fixed Energy Price
Protect your business against rising energy prices with a locked-in low daytime energy rate.