The Bright and Right Alternative.
When colossal investment and cost are factors that let you step back towards solar, Soleos is the answer to your question. Power Purchase Agreement, commonly abbreviated as PPA, eliminates the upfront cost of the project. PPA allows you to pay based on the electricity produced by your panel. It also has one significant benefit over regular utility charge, i.e., save electricity bill which is lower than usual for the time taken.
This agreement helps lower the electricity bill, and the developer could receive the income from selling the electricity, tax credited and incentives generated.
The defined tenure period could range from 10-25 years where operation and maintenance of the plant are under developers’ side, under the agreement’s obligation. After completing the defined period, there could be an extension, depending upon the customer’s choice, where they could also purchase the system from the developer.
At Soleos, we work on the ground terms of payment security schemes, i.e., providing capital security and interest-free capitals to its customers, which is revolving and irrevocable.
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