A Power Purchase Agreement (PPA) is an arrangement that puts a solar system on your roof that provides electricity. There is no risk, no worry, and the option of no money up front. You save right away without the payback period of a solar purchase.Â
HES Solar’s PPA offer incorporates a solar system and an energy storage system. The PPA agreement extends the warranty on the battery out to the full 25. years of the PPA (a purchased battery has a 10-year warranty). You get battery back-up for your home without up-front costs.Â
A PPA (as well as a Solar Lease) does not provide the homeowner with the Investment Tax Credit. In 2023 this is at 30%. In a PPA, the ITC is received by the company investing the money to build the solar + storage system that saves you money monthly for 25 years.Â
We are a San Diego-based solar energy production and energy storage installation company. We have been an energy innovator since 2001 and can handle projects from solar-only arrays to micro-grid solar and storage systems with on-site EV charging stations.Â
If you’re looking into the benefits of on-site energy production, energy storage, or EV Charging capability, we’d love to speak with you. We’ll show you how to lower and stabilize energy costs, receive the maximum incentives, open new revenue streams, and gain control over one of the largest expenses of your business or commercial property.Â
Click here to be contacted by an HES Renewables representative, or simply dial us at 866-HES-RNEW (866-437-7639).