Commercial Solar + Energy Storage | Solar PPA | Lease.
Power Purchase Agreement
- A Solar PPA allows your business to have solar installed at your premises and you pay only for the electricity that the system produces, as low as 9c per kWh.
Solar Lease Agreement
- A Solar Lease Agreement allows you to install solar and/ or energy storage at your premises with fixed monthly payments. The monthly payments are funded by your energy savings, leaving you cashflow positive from day 1.
- Own your system and your savings for life, while avoiding rising energy costs. Your business may also be eligible for an ‘instant asset write off’ so you don’t need to depreciate the asset over years.
Which is better for my business?
There are several variables which could make either option more viable. For example; a business might see value in having a lower discount compared to the grid price for a shorter period, so that the can get ‘free’ electricity sooner. In this case the solar lease may be the better option. Or the alternative may be that a client just wants a known electricity price for as long as possible, then the PPA might be the better option.
At Energy Storage direct we offer both Lease and PPA options for commercial solar. Our team will work with you to understand both options, so that you can make a fully informed decision as to the right option for you.
Frequently Asked Questions
This sounds too good, what is the catch?
If you look at your current electricty tariff, it is made up of generation charges, transmission charges and the energy retailers profit. By installing solar on your own roof, you avoid the cost of transmission and the energy retailers profit. You become your own electricity generator during daylight.
Are there any up front costs?
We offer 2 options for financing the solar power system installation.
1. Solar Lease.
In this case you would be required to fund the GST portion of the system. This GST can obviously then be claimed against your GST collected in your BAS reporting.
2. Power Purchase Agreement.
Under a PPA there is no up front cost, as you are purely buying electricity.
I already have an electricity retailer. What happens to them?
You will still need to retain an electricity retailer and be connected to the grid.
Solar will meet a portion of your energy needs and the balance will still be provided by your electricity retailer.
I am renting my premises, can I still install solar?
Yes, the majority of our customers are in leased properties. We will assist you to seek approval from your landlord.
Most landlords see solar as purely plant and equipment to assist you to do business.