Power purchase agreements (PPAs) help businesses achieve sustainability goals whilst also ensuring affordable long-term pricing for electricity, helping to manage the risk of volatile power markets and generate savings on energy bills.
Solar PPAs are often the most affordable, accessible, and effective way for organisations to procure renewable energy and reduce emissions.
PPAs are especially useful for those trying to reach net-zero emissions targets, without wanting to invest their own capital into non-core assets.
What Is A Power Purchase Agreement (PPA) In Australia?
A PPA is a contract between a seller and a buyer of electricity, usually long-term in nature and specifically regarding the sale and purchase of renewable energy.
A Power Purchase Agreement, also known as a PPA, is a long-term agreement between a buyer and a seller to trade electricity.
A seller can sometimes be referred to as a principal who is the asset owner and operator.
PPAs are a form of Energy as a Service (EaaS) which can help clients access renewable energy, from onsite or offsite assets without any upfront capital expenditure (CapEx).
Why Enter A Power Purchase Agreement (PPA)?
Entering into a PPA is one of the best solutions for any business looking to reach net-zero emissions targets, increase operational efficiency and achieve energy savings, without any upfront cost.
When entering into a PPA you transfer development, operational and performance risks to the PPA Principal, and are guaranteed no ongoing maintenance costs for the energy systems.
PPAs also deliver long-term price certainty , as well as future flexibility for energy storage and other distributed assets to be incorporated at no capital cost.
Why Choose Future X Energy?
Our in-house team are experts at structuring tailored PPA solutions. Our partners come from a range of sectors, all with different energy goals.
We understand the importance of measuring the green impact of PPAs and put sustainability at the front of our plan.
A PPA with Future X Energy allows us to develop, deliver, own, operate and maintain a range of distributed energy assets for your business without any upfront capital investment.
What are you waiting for? Get in touch today.
