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Power Purchase Agreement

ppa

What is a solar power purchase agreement?

A solar power purchase agreement (PPA) is a financial agreement where a developer arranges for the design, permitting, financing and installation of a solar energy system on a customer’s property at little to NO COST.

The developer sells the power generated to the host customer at a fixed rate that is typically LOWER than the local utility’s retail rate. This lower electricity price serves to offset the customer’s purchase of electricity from the grid while the developer receives the income from these sales of electricity as well as any tax credits and other incentives generated from the system.

PPAs typically range from 10 to 25 years and the developer remains responsible for the operation and maintenance of the system for the duration of the agreement. At the agreement of the PPA contract term, a customer may be able to extend the PPA, have the developer remove the system or choose to buy the solar energy system from the developer.


Switch now and pay RM0 upfront*

Our finance team can put your business on a Solar Energy Plan (Power Purchase Agreement), which allows you to enjoy the benefits of solar energy without the upfront cost. Under the plan, we install and maintain your system, and you only pay for the solar power you use. At the end of your plan, you’ll own the system outright.


*Terms and Conditions apply. Please speak to our Commercial Solar specialists to find out how we can help your business.

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Milestones

Snapshot of our PPA project achievements and capabilities

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Dedicated teams

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Major suppliers

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Resource pools

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COST

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Successful projects

Up to 25 Years warranty period

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