Solar Power Purchase Agreement (PPA)
Solar Power Purchase Agreement (PPA)
As climate change and protecting our environment becomes a top priority worldwide, it’s crucial to understand how Power Purchase Agreements (PPAs) can create a more sustainable future. This is valuable information for anyone in the UK, whether you’re a business owner seeking to cut energy costs and achieve sustainability goals, or simply curious about the evolving energy market.
Whatever your solar PV goals for your business, our industry-leading commercial team will work with you to design the most effective solar system to achieve optimal results for your business.
What is a Power Purchase Agreement?
A PPA is a financial arrangement enabling businesses, government agencies, and educational institutions to install solar PV systems without any initial capital expenditure. Partnering with top UK financial institutions such as Zestec, SunGift Solar provides a path to solar energy with no upfront costs for your business. Instead of investing in a solar PV system, you lease your roof and purchase the renewable electricity at a reduced rate.
A PPA provides an efficient way to enjoy the advantages of solar power without the obligations of owning and operating a solar system. Additionally, it appeals to companies that prefer to allocate their funds towards their primary business activities.
The Benefits of Solar Agreement PPA for Businesses
Budget Certainty
PPAs shield your business from fluctuating energy prices, allowing for stable budgeting over long term periods.
Cost Savings
PPAs can offer competitive rates compared to traditional grid electricity, especially with rising energy costs.
Sustainability
By purchasing renewable energy, your business reduces its carbon footprint and demonstrates environmental commitment.
Who We Work With
Since SunGift’s inception in 2005, when there were only a few renewable energy specialists in the country, SunGift Solar have been delivering innovative commercial solar projects of all sizes. Our team of energy experts supports your business from the initial inquiry through installation and beyond.
We have collaborated with a diverse range of businesses and have experience across all industry sectors, including universities and schools, councils, agricultural businesses, world-renowned organisations like the Met Office, and manufacturers.