Alpha Energy recently began offering Power Purchase Agreements (PPA), making solar power system purchases more affordable and easier to acquire.
With all of the news coverage regarding rising energy costs and potentially dwindling fossil fuel supply, renewable energy like solar power is coming to the forefront as a reality and a necessity. A PPA gives environmentally-conscious individuals in leading organizations the opportunity to go solar without the large upfront investment.
The PPA is a long-term agreement between Alpha Energy, a third-party financier and the customer. In the agreement, Alpha builds a solar energy system on the customer’s site, providing all necessary maintenance and operations for the life of the system. This photovoltaic system generates reliable, long-term clean energy for use by the customer. There is no up-front investment to the customer; customers just run their businesses as usual only paying for the solar electricity they consume. At the end of the PPA term, the facility can be purchased at fair market value or the PPA can be renewed on favorable terms.
With a PPA, Alpha Energy is enabling more companies to benefit from a green energy source. Aside from the eco-friendly nature of the energy source, the customer gets the assurance that a portion of their energy costs will be at a fixed price for two decades. That can be a great relief in an energy infrastructure that sees monthly, if not weekly or even daily fluctuations in energy costs.
The financial benefits of a PPA are many, ranging from no up-front capital investment to long-term fixed energy prices. But customers also gain from knowing they are incorporating the latest in photovoltaic solar energy generation, and from being recognized as a progressive community and corporate leader by embracing a technology that benefits both their business and the environment.
