POWER PURCHASE AGREEMENTS ("PPAS")
Carbon Vision installs a solar array with no up-front cost, leases the space from the host for a nominal fee, invoices the electricity generated by the system and maintains the system. At the end of the multi-year contract, the host can purchase the system and enjoy the benefits of a system that has an expected useful life of 30+ years.
VALUE OF SOLAR
- Showcase a commitment to innovation, technology, and the environment.
- Hedge energy costs with fixed, predictable pricing on the energy generated by the system.
- Marketing and educational benefits.
- Limited maintenance on solar components. No moving parts and warranties of 20+ years.
SOLAR OFFERING TERMS
- Host buys electricity generated by the system, priced competitively with their current electricity rate. Price escalations are fixed at a historical average increase rate.
CARBON VISION’S ROLE
- Site Analysis
- System Design
- Finance the system through Grants and Investors
- Engineering and Permitting
- System Installation
- Utility Interconnection and monthly billing
- Register and Broker SRECs