Power purchase agreement
Optimized & Industry-ready Solutions
Partner with us.
Partner with us to reduce your electricity bill and do your contribution for our planet. PV solar panels is the obvious solution but the initial investment amount to start generating solar power at your business or residential complex can be quite an expensive exercise. You could obtain a financing option, but you end up taking all the risk together with the ongoing maintenance burden. Should you have adequate roof or open space available you might have another alternative.
This is what we propose to you – We are offering power purchase agreements (PPA’s), where we do the complete financial evaluation of your electricity demand and if viable, we install the complete system without any cost to you. The only obligation would be for you to purchase electricity generated from our solar installation on-site at agreed rates over a fixed lease term. Interested? We pay rent for the required space and offer you a discount for making early payments of our invoiced amounts.
The Phases of the Power Purchase Agreement
Phase 1: Site Evaluation
In line with our market strategy in striving to make renewable energy installations affordable to as many users as possible, we will evaluate your site to obtain the data necessary to enable us to present you with the most beneficial solution for your premises. Site data will be combined with historic radiation data for your location to calculate the expected output from the installation.
Phase 3: Financial Viability
Financial Evaluation will be done on the outcome of the demand analysis. Once all contributing factors have been reviewed a proposal will be prepared and discussed with the customer. Should the premises be found to be financially viable for a Power Purchase Agreement (PPA) option, a formal signing process will follow between Earth Care Solar Pty LTD and the Client. If not found viable or acceptable for a PPA option, other alternatives are available and will be discussed.
Phase 2: Demand Analysis
Current and Future electricity demand of the Premises will be required to determine the most viable installation size and type of solution for your needs. We will evaluate historical usage and obtain current demand from your facility. Any planned extensions or deviations foreseen will be discussed with the Client as to ensure long term effectiveness of the solar PV installation.
Phase 4: Agreement
Our company offer a form of private Power Purchase Agreements (PPAs) to viable clients, which relates to the way in which Eskom form agreements with independent power producers (IPPs).
Phase 5: Solar installation
Earth Care Solar Pty LTD will install the solar PV system on terms agreed with the Client. We will install the complete system from solar panels to the inverter, and we will only use compliant products supported by local guarantees. Depending on the installation option, you will get solar produced energy that supplements your electricity demand during the day or allow you to be self-efficient in terms of electrical supply to your Premises. Our PPA contract offers the Client savings on municipal or Eskom operating cost from day one, and you only pay for the energy you use.
Phase 6: Maintenance
Our Commitment is to ensure Client satisfaction throughout the duration of our Power Purchase Agreement term or Maintenance Contract term whichever is applicable. No matter what your option, we always strive to maximize return on investment by attending to preventative and routine maintenance on a scheduled basis. A well looked after installation will provide an optimal return in the long run.
