Power Purchase Agreements

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Do you have commercial premises? Take advantage of cheap and clean electricity with a Power Purchase Agreement (PPA)

DomElec – Electrical & Solar has access to funding to provide business customers with a free, fully maintained solar PV system via a power purchase agreement (PPA). We will complete the entire installation of your commercial solar PV system at no cost to yourselves whilst allowing your business to reap the benefits of having solar PV.

What is a Power Purchase Agreement?

Boost your profits and go green instantly with zero upfront costs.

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.

A power purchase agreement requires £Zero upfront cost – instead you will be charged 12-18p per Kw/h for the period of the agreement.

This is significantly less than commercial energy prices.

Grouping of properties are available for landlords on a single agreement.

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Long-term cheaper electricity

Government data indicates that average electricity prices in the industrial sector are rising by 5.04%* per annum. That equates to your bill potentially doubling every 14 years.

No upfront costs or ongoing fees means that opting for a power purchase agreement your business will begin to make savings from day one and continue to benefit for the full term of the agreed term. 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 (c. 10 years +).

*Data provided by DBIS, National Statistics and OBRR

0%
Average Electricity Price Rises Per Annum for The industrial Sector %

How Solar PPA Works

  1. We assess the potential of your roof and gather data regarding your current electricity usage and pricing
  2. We provide you with a proposal demonstrating the financial savings and carbon reduction forecasts
  3. You agree to lease the airspace above your roof to us and enter into a Power Purchase Agreement (PPA)
  4. We install the solar PV system with minimal disruption to your business
  5. You enjoy reduced electricity bills for c.25 years with no maintenance costs and worry-free operation of the system
  6. After 25 years, ownership of the system transfers to you to enjoy free solar PV electricity for the remainder of the system life – c. another 10 years

How Can A Solar PPA Benefit My Business?

Zero upfront cost Your commercial solar PV system is entirely funded by us 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, 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

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