Power Purchase Agreement (PPA)

Cut Costs | Cut Carbon

What is a PPA?

To put it simply, a turnkey solution that requires no upfront investment from you to start saving on your energy bill with a solar system.

Let us help you evaluate your business to determine your energy needs and turn underutilized property space (roof etc.) into realized electricity cost savings. With our PPAs you can purchase electricity for a specified period of time, from a solar array installed on your property, without incurring the costs of installation. The electricity rate you pay is negotiated upfront and is set to discount your current energy bill through the life of the agreement.

Why Choose a PPA?

No Upfront Investment

No recovery period for a large, initial expenditure. Enjoy your savings immediately.

Carefree Maintenance

The array will be fully maintained by Uneva at no cost, or worry, to you.

Untapped Productivity

Turn idle property into a productive, revenue-generating asset.

Full-Service Execution

Uneva will take care of all the details: designing, installing, and interconnecting the solar system to maximize your savings.

Operate Sustainably

Responsibly source the electricity needed to power your modern, clean business.

Save On Your Monthly Electricity Costs With a PPA.

Our commercial solar solutions are sized to your business’ energy needs and will provide energy savings for 30 or more years into the future. In most cases, portions of your real estate – such as roofs and carports – can provide renewed value to you through solar array installations that require little or no change to your operations.

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Solar Is Rewarding

To accelerate the adoption of solar energy, federal and state governments offer enticing solar incentives and rebates all across the country, which can be passed through to you on your energy bill, making it easier than ever to save.

Federal Solar ITC

The solar Investment Tax Credit (ITC) is a 30% federal tax credit that supports the growth of solar energy in the United States. Certain projects may qualify for additional federal tax credits based on location and community benefit.

5-Year MACRS

An additional federal incentive allows businesses to depreciate their solar systems using a 5-year MACRS schedule though the useful life of a solar system is 30-35 years.

MACRS is an IRS guideline which grants income tax deductions for certain assets and a shorter schedule means a quicker recovery period for those deductions.

State & Local

Many state and local governments and utilities often offer their own incentives for solar in addition to federal benefits.

These incentives include Solar Renewable Energy Credits (SRECs) which are generated when a solar system produces a specified unit of electricity and delivers it to the grid. SRECs can be sold in open markets or to utilities themselves and represent an additional revenue source.

Frequently Asked Questions

Is solar energy right for my business?

Solar energy is most impactful for businesses that:

Use a large amount of power

Solar arrays are sized to your business’ energy needs, and pricing under Uneva’s options will provide savings for 30 or more years into the future. The more energy your business uses, the more you can save with a solar array!

Reside in high-cost energy markets

Solar is quickly becoming the cheapest option for power generation nationwide, and in many markets, is already the cheapest source of energy. If electric rates in your area are high, a solar array will be able to provide savings from day 1, and provide a hedge against rising energy costs over the decades.

Are looking to go ‘Green’

While solar pays for itself in a very short time due to the tax benefits (through the Solar Investment Tax Credit and depreciation benefits), and energy savings, it also increases your business’ ability to identify itself as a ‘Green’ company – something becoming more and more important in today’s sustainability-conscious business environment.
What are the differences between Power Purchase Agreements (PPA) and Client-Owned Solar Systems?

With the PPA model, the solar energy system offsets the purchaser’s electric bill and the power generated is sold to the customer at a fixed rate, typically lower that electric utility with no required upfront investment. A client-owned system is purchased upfront with an initial investment and owned outright by the purchaser. With a client-owned system there are no electric bill payments after the purchase of the system, but there is a recovery period of a few years to recoup the initial investment.
What does the development process look like?
How long do commercial solar panels last?