Funded commercial solar PV
Power Purchase Agreements
Did you know that Downing funds commercial rooftop solar projects using our Power Purchase Agreement model? This helps our customers achieve their net zero goals without up-front costs
What is Power Purchase Agreement?
A Power Purchase Agreement (PPA) is a long-term agreement between an energy generator (such as Downing) and a consumer for the purchase of energy. For our funded commercial rooftop solutions, Downing will fund the entire solar photovoltaic (PV) system including all equipment and installation allowing your business to benefit from on-site fixed-price green energy whilst preserving your business capital.
Funded commercial-rooftop benefits
No upfront costs means that opting for a power purchase agreement could generate savings for your business from day one, with these benefits continuing for the full length of the agreement. Once the agreed term ends, ownership of the system transfers to you at no cost and your business can enjoy free solar electricity for the remaining life of the system (c.10 years).
How a commercial rooftop Power Purchase Agreement works
1. Assess
We assess the potential of your roof and gather data regarding your current electricity usage and pricing.
2. Proposal
We provide you with a proposal demonstrating the potential financial savings compared to your current agreement and carbon reduction forecasts.
3. Lease Agreement
You agree to lease the airspace above your roof to allow us to install and operate the installation.
4. Installation
We install the solar PV system with minimal disruption to your business.
5. Operation
You enjoy fixed-price electricity bills for 25 years with no maintenance or ongoing operational costs.
6. Ownership
At the end of the term, ownership of the system transfers to you to enjoy free solar PV electricity for the remainder of the system life.
Energy price protection
Our Power Purchase Agreements are inflated in line with the Consumer Price Index and so our clients are protected from long term energy price increases and volatility. We install your solar at zero capital cost to you and you pay for the power consumed at prices locked in for the term of the agreement.