You make big savings on energy bills without taking on ownership and maintenance.
The Solar PV equipment is owned by the PPA provider, who then sells electricity to you at an agreed rate (p/kWh) throughout the agreement. This is
typically at a lower rate than you would pay from the grid.
Note: This PPA agreement is only for Solar PV and Battery Storage Equipment only.
Complete the form below to speak to us about our finance options, or call 0330 44 10 466.
| Types of equipment | Available for storage and solar only |
| How it works | The system is owned, maintained and insured by our PPA provider. The PPA provider back to the customer at an agreed rate throughout the agreement. This rate is generally lower than grid-sourced energy. |
| Good for | Larger or more complex projects - less hassle to fund, install and maintain. Customers who want to keep capital free for other projects. Risk-free ownership - no resources needed to operate, insure or maintain your system. |
| Apply online (without financials) | n/a |
| Up front cost | £0 |
| Ongoing costs | Customer pay variable monthly costs based on the energy generated by the system. Monthly costs are generally lower than grid-sourced energy. |
| Term of agreement | 7-30 years |
| Who owns the equipment | Our PPA partner owns the system.
The customer has an option to but it out at anytime during the term of the agreement. |
| Tax notes | Electricity used and paid for can be claimed as a tax-deductible expense. |
*A Hire Purchase Agreement is an agreement where a lender provides you equipment that you can use (hire) a fixed term and fixed payment amount. At the end of the term you have the right to buy the equipment for a set amount (typically £100+VAT). Even though you don’t technically own it until the final payment, it is considered a national sale so you recognise the equipment on your balance sheet and can depreciate it.
**Subject to credit criteria approval. Smart Ease Pty Ltd and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
An energy generator and a buyer enter into a contract for the sale of power through a PPA, or power purchase agreement.
A company that implements a PPA stands to gain a lot:
The terms of trade between a business buyer and an electricity generator are outlined in a PPA. This agreement clarifies:
Every PPA kind is unique:
PPA comes in three primary varieties:
PPAs often involve two primary categories of technology:
As we all know, energy prices are still rising, and PPA prices are currently below market levels, this would be a good time to learn more. A PPA can help a company achieve its net-zero goals, but it should only be one component of a comprehensive green strategy that includes a variety of additional actions. To optimise the advantages and lower your carbon footprint while enhancing your green credentials, you can combine the purchase of renewable energy with on-site energy generation, staff engagement initiatives, and energy reduction measures.
We would love to talk to you more about solar panels, and the benefits they can have on your electricity bill, contact us today to get the best deals.
