In Temo Power’s long history in the solar industry, we’ve worked with every type of financing available.
As a result, we can work within whatever financial structure you bring us.
But one of the most common forms of commercial financing is the power-purchase agreement, or PPA.
Unlike outright ownership, organizations play host to a solar array owned and operated by someone else and purchase the electricity from the array under a long-term agreement.
PPA provides the business with an opportunity to monetize often unused or underused space like rooftops and parking lots that would otherwise go unexploited.
There are no upfront capital costs, given that a third-party (often an independent power producer, or IPP) builds, owns and operates the array. The only obligation of the business in question is to purchase the electricity the array produces.
All monitoring, maintenance and operation fall to the third-party, saving businesses the time and effort of having to train their own employees to handle the intricacies of solar arrays.
PPA also fixes the monthly electricity costs for the business for 20 to 25 years, offering a stability to the company’s bottom-line that may be unmatched in any other aspect of the business.
Our PV installation professionals and engineers will design the most efficient, effective and reliable solar installation. Our trusted local installation firms will deliver your projects from beginning to end.
We safeguard solar investments to maximize the system’s rate of return. Our trusted partner’s knowledgeable professionals are here to maintain systems to enhance bottom-lines.
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