Select Your Energy
is working on providing solar energy options to both
residential and commercial customers.
Financing options are available in most cases.
Financing Programs
Our vendors offer a range of financing programs to
meet most needs. Whether it's providing homeowners
with financing for new or retrofit system
installations, or power purchase agreements (PPAs)
to public and private sector commercial customers,
our vendors have the financing options to meet the
requirements of virtually all of our customers.
Power Purchase Agreements
A Power Purchase Agreement, or PPA, is used to
finance a large-scale, commercial solar power system
through the generation and sales of electricity.
PPAs are contracts developed between our vendors and
a third-party to generate and sell electricity at a
contracted rate to the customer. Our vendors
administer the contract between the third-party and
the customer, and at the end term of the contract
the customer takes ownership of the system,
essentially using it to generate electricity for
free. Under a PPA arrangement, the third-party
enjoys the benefits of the tax credits associated
with a solar power system purchase, while the
customer is able to amortize the cost of the system
at a predetermined rate over a fixed period of time.
To learn more about power purchase agreements, see
the following resources:
U.S. Environmental Protection Agency
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