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Secure your company’s energy costs with long term hedging against future energy price volatility with a Todae Solar Power Purchase Agreement (PPA). A Solar PPA allows you to install solar power without any upfront capital investment and simply receive a locked in electricity tariff that provides a discount on your current day grid tariffs. The lower tariff is locked in for the term (typically ranging from 10 to 20 years) and all on-going maintenance and insurance is covered by Todae Solar.
A Solar PPA means you are buying the solar electricity produced by the system, rather than buying the system itself. This means that you only pay for what the system produces – you receive a monthly electricity bill just like your normal electricity provider.
A Solar PPA is a great way to take advantage of solar without any capital whilst minimise any operational risk.
No Upfront Capital Investment
The first and most obvious benefit of a commercial solar power purchase agreement is that you’ve got very little upfront capital costs, if any at all. With sizing, procuring, installing and upkeep out of your hands, you’re able to start making savings on electricity as soon as the system is installed and operational. This allows you to save capital for other strategic business initiatives.
All equipment and technology associated with the PV system is maintained and serviced by Todae Solar throughout the term length of the PPA at NO cost to your organisation. Any costs for damage or malfunction are completely taken care of by us as well.
Traditional utility grid rates have risen significantly and are forecast to continue rising in the coming years. A PPA allows your business to hedge against unforeseen higher electricity costs by locking in a lower fixed PPA rate. As you’re only paying for the solar electricity that’s used – it’s further reduces the risk. Start saving immediately and lock in steady and predictable energy costs for decades with a customised Todae Solar PPA..