Free Solar For Your Business

Are rising costs hitting your margins?

Solar PPAs mean no captal spending, no maintenance bills, and immediate savings on your energy costs – all whilst cutting down carbon. Solar via a power purchase agreement means you take control of your energy with no upfront cost – free solar.

Zero up-front costs

Huge reduction in energy bills

All the sustainability credentials

Start with a free solar survey

Power Purchase Agreements (PPA) for Solar

A solar PPA is a great vehicle for funding a solar project. A solar power purchase agreement means a third party (often a PPA fund) will finance the solar panels going onto your business roof, installed by a professional commercial solar installer like Geo Green Power.

You are then sub-metered for the electricity, which is charged at a reduced rate than your existing electricity tariff from the grid.

You are able to attribute all of  the green credentials of having solar (Scope 2  emissions for example) to your business operations without paying any upfront cost. You also obtain electricity at a lower rate than you were paying before.

Solar Power Purchase Agreement – An overview | Geo Green Power
Solar PPAs: How do they work?

Advantages of PPA

  • Benefit from sustainable energy without the upfront cost
  • Save on energy bills and lessen your exposure to energy market price fluctuations
  • Reduce your carbon footprint and benefit from the competitive advantage of your business demonstrating a commitment to sustainability
  • No upfront costs to accessing renewable energy for your business

    Who is eligible?

    • Size of a company and energy consumption – establishments with higher energy needs will have increased access to PPA options
    • Your location and premises – your geographical location needs to be suitable for a renewable energy project
    • Grid connection agreement – as with all solar installations, your solar PV system will require DNO approval
    • Your energy usage patterns – fluctuating energy usage may mean that your business is not a good fit for a PPA

    Recent Installations

    Get a commercial solar quote

    If you’re interested in understanding what renewable energy can offer your operation contact our team today!

    Geo Green Power went above and beyond to support the implementation of this project and their vast knowledge, support, and attention to detail was second to none.

    Tracy Purser

    Safety, Wellbeing & Facilities Manager

    Ideagen

    The systems are working well and we’re already seeing a higher than expected return even in the less favourable periods of the year.

    Andrew Thomson

    Facilities Manager

    JK Foods

    The team at Geo Green Power were brilliant. The site-workers completed the job carefully, efficiently and quickly. The installation has been working really well and we’re very pleased with it so far.

    Holly Jarvis

    Project Manager

    Grantham Meres Leisure Centre

    Funding Commercial Solar: FAQs

    What are the main ways to fund a commercial solar installation?
    Commercial solar projects can be funded by using either capital expediture (capex), Power Purchase Agreements (PPAs), Asset Finance or Grants. New funding models are developed all the time so using a combinations of funding methods is a possibility.
    What is a Power Purchase Agreement and how does it work?
    A Power Purchase Agreement or PPA, is an agreement between a customer, and a PPA fund. The PPA cover the cost of the solar installation on behalf of the customer, and then sub-meter the electric back to the customer. This rate allows the PPA fund to charge a small levy for the use of the electric, however it is still lower that the customers current electricity tariff.
    Can we install solar panels with no upfront cost?
    Yes! Power Purchase Agreements are the best funding model for this. Asset Finance will allow you to purchase solar, but you would have to pay a deposit, usually the VAT, currently 20%,m and then a rate as agreed with your lender.
    What is the difference between asset finance and a PPA?
    Technically quite a lot. Both allow you to purchase solar without a significant upfront cost. But the main difference are - asset finance means you will own the solar once the finance arrangement has ended, but for a PPA, the PPA fund effectively own the solar - but you will have options once the term has finished.
    What are the benefits of using capex over finance options?
    The big benefit is that you own the system, and reap the full financial benefits from day one. Payback is often within five years, so for the majority of businesses - solar is a very effective, solid investment.
    Are there any Government grants or incentives for commercial solar energy?
    Local councils often provide grants, schemes and subsidies, but it is best to speak to your local council. You can also look at the Ofgem website which provides advice and information.
    Is solar finance available to all business types?
    Yes it is, both private and public sector businesses can utilise commercial solar funding options. Speak to our team to find out how we can help.
    How do I know which funding option is right for my business?
    Give us a call! If you contact us on info@geogreenpower.com or call 0800 988 3188 - we will be able to guide you through the options. We are not a financial institution however so cannot provide financial advice, but we will provide sound information on all current solar funding options.
    Does using finance affect ownership of the solar system?
    Yes, sometimes. Generally, if you opt for PPA, then the solar is owned by the PPA fund. If you choose asset finance, then you will have ownership.
    What happens at the end of the finance or PPA term?
    For finance you will have paid your last installment, and the system will be yours, with you receiving the full benefits. The end of a PPA term will depend on the specific agreement, but you usually have the option to purchase the system at a reduced rate.

    Watt’s up with renewables?

    Watt’s up with renewables is our monthly bulletin, highlighting the latest news on solar. Packed with valueable info, expert opinions, case studies and industry insights, it is a must have for anyone business thinking about solar installation.

    Watts up with renewables?

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