When you’re ready to begin using clean energy, you have three options:
1) Outright purchase of a solar system
2) Leasing, or
3) Contracting with a Renewable Energy Service Provider through a Power Purchase Agreement (PPA)
Purchasing a complete system saves you the most money in the long run, but it requires a large up-front investment, costing anywhere from $20,000-$50,000 for a single family home. And when you use a solar lease, you’re taking on debt in place of the up-front investment.
But when you contract with a Renewable Energy Service Provider through a Power Purchase Agreement, there’s no up-front investment and no burden of debt. You simply buy clean, renewable energy from the provider.
As the PPA provider, we assume the risks and responsibilities of ownership. We secure funding for the project, maintain the system and monitor the energy production, and sell the electricity to you at a contractual price for the term of the contract. As a result, solar installations are easier for customers to afford because they do not have to pay any costs for the equipment or installation. Instead, you pay only for the electricity the system generates.
California Clean Energy is enabling businesses, schools, and governments to save money and benefit from predictable, renewable energy.
