Our Power Purchase Agreement (PPA)
Our Power Purchase Agreement (PPA) allows you to optimise your business’ car park with a commercial solar carport and generate low-cost, on-site renewable energy, with no capital outlay. We take care of everything including the planning, design, construction and all ongoing operation and maintenance. So, there is zero cost and hassle to your business.
In return, your business simply pays Solarpark Energy for the green electricity generated by the solar carport system at a competitive rate, up to 25% lower than your grid price. Our Power Purchase Agreement fixes the cost for the 30-year term, unlocking immediate savings and long-term energy security, whilst preserving capital. Any additional electricity demands not met by the solar carport are purchased from your energy supplier at the standard rate.
Solarpark Energy will own, insure, and operate the commercial solar carport installed in your car park, optimising performance 365 days a year. To ensure maximum efficiency, we’ll monitor and maintain the system, taking care of all solar panel cleaning, servicing and repairs for peace of mind.
Key benefits of our PPA
- Generate on-site renewable energy with zero upfront cost
- Reduce your electricity bills by up to 25%
- Unlock immediate cost savings
- Predictable, fixed and competitive electricity rates
- 30-year Power Purchase Agreement term
- Long-term energy supply security
- Zero operation and maintenance costs
- Hit your sustainability and net-zero targets
- Lower your carbon footprint
- Release capital for other investments
- System is optimised for maximum performance
How our PPA works
FAQs
Through a PPA agreement, Solarpark Energy will manage the design, planning, construction, and the ongoing operation and maintenance of the solar carport system in your car park.
In return, your business simply pays Solarpark Energy for the green electricity generated by the solar carport system at a competitive rate, 25% lower than current grid prices. Our Power Purchase Agreement fixes the cost for the 30-year term, unlocking immediate savings and long-term energy security, whilst preserving capital. Solarpark Energy will own, insure, and operate the solar carport.
All you need to do is provide our expert team with some basic details about the location and size of your business’ car park, along with your electricity consumption data and current pricing from your energy supplier.
We’ll then carry out a desktop feasibility of your site so we can provide a high-level assessment of your car park’s viability for a solar carport fully funded by Solarpark Energy.
By providing us with your electricity usage and cost per kWh we’ll estimate system size and output, and the anticipated electricity cost and carbon emission savings. We’ll also advise on planning permission, grid connection and the p/kW PPA price your business will pay for the renewable energy consumed.
By future-proofing your car park with a fully funded solar carport by Solarpark Energy, businesses will reduce their current electricity bills by up to 25%.
Solarpark Energy will cover the cost of the solar carport installation in your car park. Our experts take care of everything including the planning, design, construction and all ongoing operation and maintenance. This enables your business to harness the benefits of on-site renewable energy and significantly reduce electricity bills and carbon emissions without the capital outlay.
Solarpark Energy pays 100% of the set up and ongoing maintenance and servicing costs. In return, your business pays for green electricity consumed on-site over the 30-year PPA term.
Yes you can. The agreement is also made with your landlord, when your business leaves the premises, the solar carport system will transfer to the new tenant or the property owner.
A Solarpark Energy PPA can be cancelled. Terms can be agreed upon to enable your business to buy out of the agreement
There is no catch with our fully funded solar carport solutions. Your business simply pays for the solar energy you use, so you benefit from significantly reduced electricity bills and carbon emissions. Remember that if you end the agreement early, terms can be agreed and there will be a cancellation fee and you will have minimal disruption onsite while the solar ports are fitted
Our discount always tracks your electricity tariff as it goes up or down month to month over the 30 years term.
Every project is unique and the number of solar panels, their efficiency and installation location are all key factors that will determine a solar carport’s annual generation output. As part of our free feasibility study, we can calculate the amount of annual renewable energy output a solar carport installed in your car park could generate.