Let’s say your business has a super-sized rooftop…
We’re talking sprawling, football-field-sized expanses that are currently home to nothing but pigeons and the occasional stray frisbee.
And let’s say your electricity bills are similarly super-sized, hitting five or even six figures every month.
In this case, there’s a magical option called free-to-fit solar (a.k.a. the “Power Purchase Agreement” or PPA).
What Is free-to-fit solar…
Let’s stick with the pizza analogy. Imagine this:
- A fancy pizza restaurant offers to build you a free pizza oven.
- They’ll handle the installation, maintenance, and upkeep.
- In return, you agree to buy their pizza for the next 25 years at a discounted rate compared to what you were paying before.
That’s how free to fit solar through a PPA works.
A solar company installs the panels at no cost to you. In return, you agree to buy the electricity they produce at a lower rate than your current utility bill.
The super-sized rooftop example…
- Your current electricity bill is £50,000/month.
- The solar company installs free-to-fit solar panels that powers 70% of your facility.
- Now, you’re paying £25,000 to the solar company and £10,000 to the grid.
- Net monthly savings: £15,000
- Net annual savings: £180,000
- Net savings over system lifetime (25-year): £4.5 million
You save money without spending a single penny upfront, which goes straight on the bottom line and significantly increases your company profits.
…it’s like getting free pizza, whilst still losing weight.
