Best Solar Company in Athens

A solar power purchase agreement (PPA) is an agreement that is financial in nature. an outside solar developer owns, operates, and maintains the solar photovoltaic (PV) system and the customer is obligated to purchase power from the system at a fixed price per kilowatt-hour (kWh) for a predetermined duration. PPAs with solar are a popular method for schools, businesses and other entities to make the switch to solar at a low or no upfront costs. Although solar PPAs can offer substantial financial advantages, it’s crucial to be aware that you will be relinquishing many of the benefits which come with having your solar PV system. For example, you will not have the opportunity to take advantage of tax credits for solar as well as other incentive programs, nor will you be able to sell excess power back to the grid. Additionally, you could be susceptible to price increases every year and early termination fees if you choose to cancel the agreement prior to the expiration of the agreement. Therefore, it’s essential to take a careful look at all the advantages and disadvantages of solar PPAs prior signing one.