A Power Purchase Agreement
What is a Power Purchase Agreement?
A Power Purchase Agreement (PPA) is an arrangement in which a third-party developer installs, owns, and operates an energy system on a customer’s property. The customer then purchases the system's electric output for a predetermined period.
A PPA allows our customers to receive stable and often low-cost electricity with no upfront cost, while also enabling the owner of the system to take advantage of tax credits and receive income from the sale of low-cost electricity. Though most commonly used for renewable energy systems, PPAs can also be applied to other energy technologies, such as combined heat and power (CHP).
At Apollo Energies, we help you focus on the greenhouse gas protocols scope 1, scope 2, and scope 3. This process eliminates your energy waste, and right sizes your solar and storage systems. It all begins with a commercial energy audit.
How Does the UmbrellaPPA™ Work?
The traditional power purchase agreement (PPA) doesn't work when you have 1,000 stores, 200 distribution warehouses, 50 manufacturing plants, or multiple offices.
Trying to upgrade these individually can be challenging. But what if you could combine all your stores, warehouses, manufacturing plants, or offices into one PPA? This project would save you a lot of money and headaches and streamline your upgrades.
To solve this problem and have just one PPA, we developed the UmbrellaPPA™. Now, you can upgrade your properties to become carbon-free and fund your upgrade by customizing your UmbrellaPPA™.
Set a quick 30-minute meeting to learn how you can benefit by having your own UmbrellaPPA™.