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PPA Financing
What is PPA? Let us explain
Power Purchase Agreement (PPA) is a long-term contract that provides property owners with renewable energy. You are not charged for equipment or installation and you only pay for the energy used. This type of financing agreement is primarily used for renewable energy that gets installed on your property; however, in some select jurisdictions you may be able to purchase renewable energy that's installed offsite. PPA contracts typically involve a solar installer, a capital provider, and a property owner. Savings are guaranteed whenever the rate for power that is listed in the PPA is less than the rate charged by your utility provider.
Case Studies Projects funded with PPA
Photo credit: SunPeak
Office building, Brookfield WI
“I was a long time fan of alternative energy but concluded it didn’t work in WI. But, after looking at the solar ROI, I decided it was a perfect investment for our new building.”
- building owner, 360 Direct
Project size: 52 kWdc, producing 72,000 kWh/year
Savings: 66% offset, saving 10.2¢ per kWh
Photo credit: SunPeak
Apartment building, Madison WI
“SunPeak demonstrated clearly the recent affordability of solar (prices came down a lot.) We feel really good that a majority of our electricity is coming from the sun and we are protecting the environment while making a smart business decision at the same time.”
- Nina Lebwohl, Manager, Foundry Apartments
Project size: 19kWdc, producing 22,500 kWh/year
Savings: 82% offset, saving 10.3¢ per kWh
Photo credit: SunPeak
Brewery, Waterloo, IA
“Balancing historic preservation requirements with sustainability principles was a challenge. We assembled a team of experts to move through the process. SunPeak was a vital part of that team.”
- Dave Morgan, Owner, Single Speed Brewery
Project size: 103 kWdc, producing 123,500 kWh/year
Savings: 21% offset, saving the equivalent of 2,600 tons of CO2