how Power Purchase Agreements work
National Solar Company will build a new solar system at the right size on your rooftop, at zero upfront cost to you.
The solar electricity generated by the system is used by you instead of grid electricity, and you are charged by us at an agreed tariff (cents per kW/h generated); we will bill you monthly.
Any revenue from solar electricity exported to the grid is yours and delivered via your grid retailer feed-in-tariff and billing arrangements .
National Solar Company will look after the solar system and take care of costs such as ongoing insurance and maintenance.
At the end of the fixed PPA term you can purchase the equipment at an agreed price or extend the term for a further agreed term, usually at a reduced cents per kW/h tariff. As well, National Solar Company buy-out prices can include them replacing the inverter, ensuring many more years of performance.