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Solar Power Purchase Agreements
Speak to Margav Energy today for information on 01889 256 069.
Solar Power Purchase Agreements
Fully funded solar for your business, with a Solar Power Purchase Agreement from Margav Energy.
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What is a PPA?
A solar power purchase agreement is a financing arrangement that allows businesses, government agencies and educational institutions to purchase solar electricity with no upfront capital cost. You rent your roof and buy the discounted solar electricity rather than investing in a solar PV system of your own.
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A PPA offers an effective means to reaping the benefits of solar PV without having to take on the responsibilities of being a solar system owner-operator. A PPA also satisfies companies that prefer to reinvest their funds into core businesses activities.
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Underpinned by long-term, proactive operation and maintenance activities, we ensure your system performs in line with expectations and delivers the forecasted savings not just today, but for at least the next 25 years.
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How does is work?
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Margav Energy assess the potential of your roof and gather data regarding your current electricity usage and pricing.
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We provide you with a proposal demonstrating the financial savings and carbon reduction forecasts.
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You agree to lease the airspace above your roof to us and enter into a Power Purchase Agreement (PPA).
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Margav Energy install the solar PV system with minimal disruption to your business.
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Your business enjoys reduced electricity bills for 25 years with no maintenance costs and worry-free operation of the system.
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After 25 years, ownership of the system transfers to you to enjoy free solar PV electricity for the remainder of the system life. (Shorter terms are also available)
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Long-term cheaper electricity
Government data indicates that average electricity prices in the industrial sector are rising by 5.04%* per annum. That equates to your bill doubling every 14 years. No upfront costs or ongoing fees means that opting for a power purchase agreement your business will begin to make savings from day one and continue to benefit for the full term of the agreed term. Once the agreed term ends, ownership of the system transfers to you and your business can enjoy free solar electricity for the remaining life of the system.
