A Power Purchase Agreement or PPA is a long term contract to purchase electricity generated by a solar panel system installed at your commercial or industrial premises.
Features and benefits include:
- Monthly payments per unit electricity delivered
- Solar PPA Electricity reduces your grid electricity purchases
- Solar PPA Electricity is charged at agreed rates throughout the term
- Flexible lease terms between 10 – 20 years
- Extension and early buyout options
- System Maintenance/management included throughout the term
- Provides future certainty over electricity expenditure
What is a Solar Operating Lease?
A Solar Operating Lease is a contract to pay a fixed monthly amount for consuming electricity generated by a solar power system on your commercial or industrial premises. Some of the benefits include:
- Fixed monthly payment for all electricity delivered
- Solar Leasing reduces your organisation’s dependence on the grid
- System generation guarantee
- Flexible lease terms between 7 –15 years
- We maintain and manage the system throughout the term
- Provides future certainty over electricity costs
Solar Leasing or PPA?
The major differences between a solar lease and power purchase agreement is the duration of the arrangements and pricing model. With a PPA, you make monthly payments per unit of electricity delivered. With a lease, there are predetermined payments, regardless of how much electricity your business consumes.
While both a PPA and a solar lease arrangement involve zero capital outlay, there are a number of aspects to consider to gauge the best solution for your business.
They gave a fair price on a top quality system which is what I wanted. Overall I had the most confidence in SEM. So far performance of the system has exceeded what SEM promised and the LG 25 year product and performance warranties bring great confidence in the system.
Mark Brown
Northern Territory
Would not hesitate to use and recommend SEM services again. From the word go they were on site installing the system, very effective team and good communicators. For the young apprentices of SEM in Brisbane, keep up the good work and enthusiasm.
Julio Salazar
Queensland
From the first contact with SEM I felt valued. I was made to feel comfortable and confident with my decision to install Solar as everything I was concerned about or did not understand was explained in detail with honesty and respect.
Helen
South Australia
SEM were punctual, very efficient, friendly, communicated well at each point & absolutely no mess afterwards. Their customer service was brilliant! SEM organised everything I just sat back & watched it all happen. Overall I can’t fault SEM & would highly recommend them
Jeffrey Stewart
Northern Territory
The work space was left spotless and they even helped clean some old screws that had been left on the roof by the builder and offered to spray the rust left with some kill rust! The whole team’s approach made the process entirely stress free!
Kym Tucker
Northern Territory
Everyone was impressed with the professional inside installation. They were also blown away with how much power the system is generating. Biggest day so far was 39.4 kWh! Hell it hit 34.6 on the day Dave turned the power off for 2 hours! Amazing.
Simon Lawrence
Northern Territory
Mark Brown
Julio Salazar
Helen
Jeffrey Stewart
Kym Tucker
Simon Lawrence
Get in touch with us and one of our team will speak to you about what we can do to make you more confident about getting into solar.