Solar Power Purchase Agreement
Pope Energy is a commercial solar company based in Boston, Massachusetts that provides comprehensive power purchase agreement (PPA) services for businesses and organizations throughout New England. We offer turnkey solutions for commercial solar PPAs with the experience, financing, and resources to maximize value for all of our customers.
What is a Solar PPA?
A power purchase agreement (PPA) is a popular form of financing for commercial solar energy projects. There are a number of different applications that a PPA is employed. A PPA could be with a municipality or commercial entity to purchase power from a solar generator at a given price for a specific term. A PPA could involve a property owner leasing their land or roof space to a solar generating entity and that entity has an agreement to sell power to a state solar program, tenants in their building in a behind-the-meter application or any other off-taker entity using a method called net metering.
How Does it Work?
Pope Energy can help along every step of the Solar PPA process. As a full-service developer, we take over the designing, permitting, installation, and maintenance of commercial solar energy systems, offering solutions to help you focus on your business. From negotiating electricity rates to monitoring system performance, Pope Energy can bring value through assistance with the entire solar PPA process.
Solar PPA Program Benefits
Today, solar PPAs are one of the easiest ways for commercial businesses to adopt large amounts of onsite renewable energy. Most people utilize PPA programs for the following reasons:
- Long-term, fixed electricity rates
- Low or no out of pocket expenses
- Protection against risk and fluctuating energy prices
- Easy way to meet sustainability goals
- And increased renewable energy to the grid
With all of our partners, Pope Energy helps identify and execute the best possible solution. For commercial solar energy installations, we can help determine if a PPA is the best financial structure for your business before taking the necessary steps to make it a reality. Please contact us today if you are interested in a commercial solar PPA in New England.
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