We are committed to helping businesses achieve their net-zero goals by providing a free, fully maintained solar PV system with a long term Power Purchase Agreement.
A Power Purchase Agreement (PPA) is a long-term agreement between a renewable developer and a consumer for the purchase of energy at a fixed, contracted price. Asset Wise will fund the entire solar PV system including all equipment and installation allowing your business to reap the benefits of on-site fixed-price green energy whilst preserving your business capital.
No upfront costs or ongoing fees means that opting for a power purchase agreement your business could make savings from day one and continue to benefit for the full term of the agreed term. Once the agreed term ends, ownership of the system transfers to you and your business can enjoy free solar electricity for the remaining life of the system (c. 10 years +).
How a solar Power Purchase Agreement works
01 Assess
We assess the potential of your roof and gather data regarding your current electricity usage and pricing
We provide you with a proposal demonstrating the financial savings and carbon reduction forecasts
You agree to lease the airspace above your roof to us and enter into a Power Purchase Agreement
We install the solar PV system with minimal disruption to your business
You enjoy fixed-price electricity bills for up to 30 years with no maintenance costs and worry free operation of the system
At the end of the term, ownership of the system transfers to you to enjoy free solar PV electricity for the remainder of the system life
Energy price protection
Our Power Purchase Agreements are locked into retail price index, so our clients are protected from long term energy price increases and volatility. We install your solar at zero cost to you and you pay for the power consumed at prices locked in for the term
of the agreement.
A positive message
Installing on-site renewable generation is not only a good financial decision it is a way for your business to send a positive message about it’s commitment to fight climate change.
- Technology that brings you closer to zero carbon
- Long term financial planning with locked in rates
- Expert advice and project management
- Potential savings with flexible terms
- Single point of contact with full transparency
- Partner with an established investment company
A positive message
We will develop, construct and operate the asset for the entirety of it’s lifecycle. This is appealing as you will work with the same company throughout development, construction and long term operation backed by a traceable, public facing fund with a long term investment strategy.
The team have significant experience within the renewables industry across development, construction and management of renewable energy assets.
Everything you need to know to make an informed decision
At the start of each project we will visit the site to meet with you and conduct a detailed feasibility study which will identify the best potential rooftops for solar development.
We will endeavor to collaborate to create an installation program that causes minimum disruption to your business. Depending on the final site size installation typically takes up to 2-6 weeks.
We are responsible for the operation and maintenance of the plant throughout the project life-cycle. In the event of a fault we will ensure the appropriate team is in place to rectify the fault returning the plant to full production.
If you move or sell your property there are 2 options. Either you can novate the agreement with Assetwise to the new occupant of the property or pay a buyout fee.
As part of the PPA, you only pay for the energy Assetwise supply. Solar technology is becoming increasingly efficient to continue generating on days where there is little sunlight.
There are various methods of fixing the panels to rooftop spaces including methods where the roof does not require penetration. Following site assessment and detailed design the final fixing method will be decided to best suit the needs of your business operation.
At the end of the PPA agreement, the entire system will be transferred to your business for £1. At this stage the plant will still hold value and be operational for up to 10 years.
No, you can generally start receiving your Solar PV energy immediately alongside your existing connection
Downing can propose a variety of PPA terms ranging generally from 20 to 30 years in length.
Get in touch with us today
email: accounts@asset-wise.ltd
