A power purchase agreement (PPA) is basically a contract between your business and your energy provider. With a PPA, you “host” the solar system on your land or facility and pay only for the clean energy the system generates, at a price lower than what you’re paying for electricity today.
The advantages of a CalCom Energy PPA include no upfront costs, no equipment or installation expenses, and no operations or maintenance worries. CalCom owns the system and assumes all responsibility for maintenance.
At the end of your PPA term, you can choose to do one of two things: renew the PPA or purchase the system outright, at a discounted cost. A PPA is a powerful option for public and private entities alike because they require no capital investment and deliver significant energy savings.