Solar Power Purchase Agreement
Stockbridge Regional Solar Installation ProviderA significant outlay of both capital and resources are needed to purchase, install, and maintain a solar power installation. That’s why Stockbridge Energy Group offers the most efficient and proven solar financing packages to customers who want to go solar for no money down. Once the scope of your project is defined and any available rebates and incentives are identified, we will model various finance scenarios until the lowest price per kWh is identified.
What is a Power Purchase Agreement and how does it work?
Power Purchase Agreements (PPAs) are long-term contracts to buy clean electricity at a predetermined rate. While the PPA provider absorbs the costs of design, construction, operation, and maintenance; customers realize a lower utility bill immediately, as they purchase the clean solar electricity produced at a predetermined (below-the-grid) rate.
Attached to the local utility grid, a customer substitutes a portion of their traditional monthly electric bills with the bill for the solar energy. The PPA provider consumes any available solar incentives and passes the savings on to the customer.
At Stockbridge Energy Group, our PPAs are “integrated” because we are both the PPA provider and the solar installer. Traditional PPAs have a PPA provider looking to make good on their investments and a solar installer interested in the lowest cost engineering, procurement, and construction.
At Stockbridge Energy Group, the interests of both the installer and the financier are aligned. That means our team will design, construct, and maintain the highest quality system, because it’s also our investment.
Integrated Power Purchasing Agreement Benefits
Reduced utility bills–Cash flow positive from day 1 to year 20
Protection from escalating energy rates–Most experts predict that the cost of electricity will continue to increase faster than inflation due to pressure from global demand growth and environmental regulations. Locking in a low rate today will protect you tomorrow, and if prices rise as projected, your savings will increase
No production or performance risks–The risk of a system performing less than projected falls on us
Carbon footprint reduction–On average, 100kW of DC solar power installed in North America will reduce approximately 175,000 lbs of CO2 annually
No operation or maintenance expenses–Customers only purchase the energy produced, so all operation and maintenance is on Stockbridge Energy Group.
Marketing opportunities–Switching from brown power to clean renewable energy is one the best marketing and PR tools available to businesses and municipalities.
Freeing up of capital for critical investments–Saving money on operating costs allows you to preserve your capital to invest in core business opportunities