Power Purchase Agreement (PPA)
What Is A Power Purchase Agreement?
ENER-G has partnered with the UK’s leading financial institutions to provide businesses with a complimentary, fully maintained solar PV system through our Power Purchase Agreement (PPA).
We handle the entire installation cost of your commercial solar PV system, allowing your business to benefit from solar energy without affecting your capital. Start your clean energy journey with our funding today, and in the future, when the time is right, you have the option to repurchase the system from us.
A Solar Power Purchase Agreement (PPA) is a financial arrangement that enables businesses, government agencies, and educational institutions to access solar electricity without an initial capital investment. By leasing land or roof space, these entities can purchase discounted solar electricity instead of investing in their own solar PV system.
Engaging in a PPA offers an efficient way to enjoy the benefits of solar PV without the responsibilities of system ownership. It is particularly appealing to companies looking to redirect funds to their core business activities.
With our extensive, proactive operation and maintenance efforts, we ensure your system consistently meets expectations, delivering projected savings not just in the short term, but for at least the next 25 years.
How a Solar PPA works
We make things simple by streamlining the process for you:
- We assess your roof’s potential, gathering data on your current electricity usage and pricing.
- We provide a proposal detailing financial savings and carbon reduction estimates.
- Upon agreement, you lease land or your roof’s airspace to us via a Power Purchase Agreement (PPA).
- We install the solar PV system, ensuring minimal disruption to your operations.
- Enjoy reduced electricity bills for approximately 25 years, with no maintenance costs and hassle-free operation.
- After 25 years, ownership transfers to you, granting free solar PV electricity for the remaining roughly 10 years of the system’s lifespan.
Cost Effective Electricity over the Long Term
Government data suggests a yearly increase in average electricity prices for the industrial sector, potentially doubling your bill every 15 years.
There are no upfront costs or ongoing fees, should you opt for a power purchase agreement . This choice ensures immediate savings from the start, with continuous benefits throughout the agreed term.
Once the term concludes, ownership transfers to you, allowing your business to benefit from free solar electricity for the remaining lifespan of the system.
NO UPFRONT COST
We fully fund your commercial solar PV system, ensuring you start saving from the very first day
SAVINGS ON UTILITY BILLS
Solar electricity is charged at a significantly lower rate compared to your current energy provider rates.
GOING GREEN
Improve your company’s environmental reputation by fostering positive relationships with environmentally conscientious customers and suppliers.
NO MAINTENANCE OR INSURANCE COSTS
We actively oversee the system through a comprehensive, long-term operation and maintenance contract, which includes providing insurance coverage. All without any cost to you.
FULLY TRANSFERABLE
If you relocate to new premises, the Power Purchase Agreement (PPA) can be transferred to the new occupants of the property
Finance Your Project with ISC
Empowering Renewable Energy Projects with ISC Future Finance
At ISC Future Finance, we’re dedicated to empowering businesses and individuals to invest in renewable energy solutions. As the finance supplier for the EPC Contractor, ENER-G, we offer exclusive financing options tailored to support projects through our specialised finance and brokerage solutions.
At ISC, we prioritise quick and efficient financing solutions without the need for charges over buildings or land, as long as the project’s justification and return on investment are clear. Rachel builds strong relationships with clients and suppliers alike, ensuring smooth transactions and ongoing support.
Making Informed Financial Decisions with ISC Future Finance
We understand the importance of making informed financial decisions when investing in renewable energy projects. That’s why we offer a comprehensive Finance Calculator Tool to help you examine the costings of your projects. Our calculator allows you to explore different financing options and estimate the financial impact of your investment.
Whether you’re considering solar PV systems, ground-source or air-source heat pumps, or battery storage, ISC Future Finance is here to help you find the right financing solution for your needs.
Learn more about ISC Future Finance’s comprehensive financing solutions by visiting our dedicated page.
HM Government Support
Improving Farm Productivity Grant
What the grant can pay for
If you’re eligible, you can get a grant to pay for capital items for a project to help you to improve farm productivity through:
- improving efficiency and effectiveness of primary agricultural or horticultural production
- reducing your farm’s environmental impact resulting in a positive contribution to net zero and greenhouse gas (GHG) reduction
- introducing technical innovation to optimise livestock production and field operations
- using automation in areas where access to labour is an issue
How much money you can apply for
The maximum and minimum grant you can apply for depends on your project(s).
Farm Productivity grants
If your application is for robotic or automatic equipment, wavelength specific LED lighting and/or advanced ventilation control units, but does not include solar PV equipment, the minimum grant you can apply for is £25,000 (40% of £62,500). The maximum grant is £500,000 per applicant business.
Solar grants
If your application is for solar PV equipment only, the minimum grant you can apply for is £15,000 (25% of £60,000). The maximum grant is £100,000 per applicant business.
If you want to apply for both a Solar grant and a Farm Productivity grant, you must submit 2 separate applications. The maximum grant across all submitted applications is £500,000 in total, per applicant business.
You need to be able to pay the remaining project costs. You can use loans, overdrafts, and certain other monies. For example, money received through the Basic Payment Scheme or agri-environment schemes such as the Countryside Stewardship scheme.
You cannot use other public money, such as grant funding from local authorities, towards the project costs. You also cannot use this grant to carry out capital works which you need to do as part of other agreements.
Whatever your project, contact us here.
The ENER·G team are here to support you through all the stages of your renewable energy project, so don’t hesitate to get in touch with one of our experts today.
Please call us, email us or send us a message using the form opposite for more information or to book your FREE online design and consultancy call.
Tel: 01246 938499
Mob: 07540 635 766
enquiries@renewable-energy.eco
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