Common Contracts
1 similar Power Purchase Agreements contracts
Solar Power Purchase Agreements (PPAs) and Solar LeasesPower Purchase Agreements • April 24th, 2023
In a Power Purchase Agreement (PPA), a developer or independent financier pays for and installs renewable energy equipment on the property of an end-‐user. The property owner then buys the electricity produced by the renewable energy at some pre-‐determined rate (either fixed or variable) for a set amount of time (typically between 10 and 20 years). Tax credits stay with the developer, and are usually reflected in lower energy prices for the user.
