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What is a Power Purchase Agreement?

A Power Purchase Agreement is a long-term contract between an energy provider and an organization. At Tioga, we form a contract to build and maintain solar power equipment at an organization's site using Tioga's source funds. As the Power Purchase Agreement goes forward, the customer pays a rate that is usually equal to or less than the market rate for energy. That way, the customer can enjoy all the benefits of clean, renewable energy without the cost of installing and maintaining expensive solar equipment. A Power Purchase Agreement gives customers the freedom to pay for solar energy without paying for solar equipment. The Power Purchase agreement greatly reduces a customer's risk for long-term complications commonly associated with solar energy solutions.

Power Purchase Agreement Analogy

Imagine if someone offered you the chance to purchase gas for your car at a fixed $2.00 per gallon in this time of increasing energy costs. Plus, they will install a free filling station at your house. Sounds great, doesn't it?

A PPA with Tioga Energy allows you to buy solar electricity at a fixed, long-term low rate with no upfront costs. We even install and maintain the solar panels for you for the duration of your service.

Learn more about the Benefits of Power Purchase Agreements

Types of Power Purchase Agreements:

Contact us today to find out more about solar PPAs.