YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

What is a solar power purchase agreement? 

Posted online

A solar service agreement is a financial agreement where a developer arranges financing between the solar user and private investors to deliver a turnkey solar power plant. Financing allows the solar user to benefit at little to no upfront cost. The agreement enables power generated for the customer to obtain rates below retail rate. This is a great option for nonprofits that cannot utilize the tax benefits private corporations have available.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
From the Ground Up: Republic Intermediate School

The Republic School District is on track to open its Intermediate School for fifth- and sixth-grade students for the 2025-26 academic year.

Most Read
Update cookies preferences