You may have seen that many businesses have invested in solar energy.
Why? Solar energy is a great way for your business to reduce its electricity bills, obtain energy security in the future and reach its Corporate Social Responsibility.
You may have looked into a solar power system for your own business for those very reasons but do not have the capital available. At RenEnergy we believe that this should not be a barrier and have a Power Purchase Agreement (PPA) to help your business.
What is a PPA?
A Power Purchase Agreement relieves your business from needing to find the capital for an upfront cost. Instead RenEnergy funds and owns the system. We simply lease the roof off you and maintain the system for 25 years.
You purchase the electricity from us, but only what you use, at a rate that is cheaper than you are currently paying.
For example, if you currently pay 14 p/kWh you may have a PPA of 11.2 p/kWh. Saving you 20 % off your current electricity price, without having to pay any extra!
What happens in the future?
We own the system for 25 years, selling you electricity at a low price that has been agreed between both parties.
After 25 years you own the system and generate electricity that is directly used by you, with no more costs to pay.
If you move premises or are no longer operating with in the next 25 years you do not need to worry! The lease is fully transferable to the new tenant of the building.
I’m interested! What shall I do now?
If you would like to benefit from a solar PPA then get in touch with us for more information and a quote: