Benefits of Hosting.
Benefits of Hosting a Solar Power Plant through a Power Purchase Agreement
No Up-Front Costs.
As a host customer you pay nothing for the design, planning, or construction, or operation and maintenance of the solar power plant installed at your site. You pay only for the power you use on a monthly basis.
Immediate Electricity Savings
With a PPA, you benefit from solar energy as soon as the system is installed – with solar rates typically at or below their current and expected traditional electricity bills.
Stable Energy Rates
While utility companies can increase rates at any time, the rate for power supplied to SOLON’s PPA customers is locked in for up to 20 years. There are no peak-hour premiums and no price fluctuations.
Under a PPA agreement, the electricity purchaser has no responsibility for the solar system’s performance. It is operated, maintained, and warranted by SOLON.
Full Benefit of Government Incentives
No Operation or Maintenance Costs