Solar Power Purchase Agreement (PPA) for your Los Angeles County Business

A power purchase agreement (PPA) for commercial solar is a partnership in which a trusted partner like Revel Energy would install, own, and operate a system on a business’s property in Los Angeles County. That business agrees to purchase the electricity generated by the system at a fixed and predetermined escalation rate over the term of the PPA. 

The Solar PPA is just one creative financing solution that Revel offers, but it is a great way for businesses that are paying costly electricity bills to generate their own electricity without the significant upfront costs that come with large solar panel installations. Popular with financial groups like REITs, the PPA is a growing avenue for many corporate businesses to access sustainability without the upfront cost.

Thanks to the inflation reduction act, even more corporate businesses are able to access sustainable technology like commercial solar and energy storage. Incentives like the solar ITC have helped convince financiers like banks that businesses can generate their own electricity to create savings that increase even as electricity rates continue to climb.