What You Need To Know:
Solar Power Purchase Agreements
A Power Purchase Agreement (PPA) is a financial arrangement between a solar power provider and a solar power customer (your business) that allows you to go solar and receive the savings and emissions benefits from solar with ZERO up-front capital investment.
The provider finances, installs, owns and operates a solar system on a customer’s property, and the customer enters into a contract with the provider to purchase the solar-generated electricity at a predetermined rate for a specified period – usually ranging from 10 to 25 years.
Commercial solar PPAs provide cost savings for businesses as they avoid the costs of purchasing, installing and maintaining solar equipment. You pay only for the energy produced by the solar system at a predetermined rate – often lower than the “retail” electricity rate.
A Long Term Solution:
The Top Benefits of Solar PPAs
Price Stability and Risk Management: A PPA can lock in electricity prices for 10-25 years, protecting your business from future rate increases and providing predictable energy costs for long-term budgeting and planning.
Cost Mitigation: PPAs can be structured to help reduce Ontario’s Global Adjustment charges, particularly for Class A / larger industrial users, by optimizing consumption patterns during peak periods.
Support for ESG Goals and Compliance: PPAs provide a credible, transparent way to meet sustainability targets, comply with emerging ESG disclosure requirements, and demonstrate corporate leadership.
Why Choose Otter Energy To Develop Your Solar Project?
The Otter Energy Difference
Otter Energy is Ontario’s leading turnkey solar provider, handling all design, engineering, procurement, and construction needs. We consistently deliver exceptional quality work, select only tier-one equipment, and our portfolio of high ROI projects is unmatched. We work with experienced, select financial solution partners to make your project a reality. We build on time and budget, and our accurate financial estimates always support positive financing outcomes.
