The Power Purchase Agreement (PPA) is an innovative solution for businesses, councils, schools and other commercial entities to secure the energy benefits of solar without deploying the capital for the Solar system.
Harvest Solar will supply, install, and maintain the solar system for 25 years. The PPA is a financial agreement between Harvest Solar and the customer. Harvest Solar will generate electricity from the Solar Plant and the customer will purchase the electricity consumed at a known rate. Harvest Solar aim to achieve a reduction in your utility rate of 25% from current business electricity rates in year 1. The PPA will be linked to the Consumer Price Index (CPI), giving you security against increasing electricity prices caused by rising oil costs, thereby increasing the savings to you each year.
In Ireland between January 2003 and December 2016 the Consumer Price Index (CPI) inflation figure was 19.2%* Over the same period in Ireland, Electricity price inflation was 91.7%*
*Source: Central Statistics Office
» Free Supply, Installation, Monitoring, and Maintenance
of a Solar Power Plant for 25 years.
» Guaranteed electricity savings – PPA rate substantially
lower than utility rates.
» CPI linked, security against electricity price inflation
» Improve Corporate Social Responsibility (CSR)
Reduce carbon emissions
» Fully transferable – The PPA can be transferred to the new
occupants if you decide to move premises.