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Posts Tagged ‘PPA’

Defer Ownership of an On-site Solar Energy System

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Second part of a five part series on Ways to Green Your Energy Profile WITHOUT Increasing Cost

Putting your open rooftop or grounds to work through the installation of a solar power system can come with a hefty price tag if you choose to own the system yourself.  Instead of fronting the construction capital and taking responsibility for maintenance over the lifetime of a solar installation, most businesses opt to enter into a long-term power purchase agreement (PPA) that shifts these costs and ownership to a renewable energy provider.  The provider supplies power generated on-site to you for a…
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What Financing Options are Available for Solar Installations?

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When considering an on-site solar installation for your business, you’ll want to start exploring what options are available to finance the investment.

The three most common options are: a power purchase agreement (PPA), long term lease, and outright purchase.

Beginning in 2007, the PPA option has become the most commonly selected*, allowing businesses to host solar systems and purchase solar energy with no upfront costs.

In talking with Jeff Blankman, manager sustainable manufacturing, McCormick & Co. about choosing a PPA with Constellation Energy for the installation

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