The Environmental Impact of Your Solar Investment in Devon
February 15, 2024
Key Benefits of a PPA
February 19, 2025
If your business is looking for a cost-effective way to go green, a Power Purchase Agreement (PPA) could be the perfect solution. At Devon Solar, we help businesses transition off traditional grid energy and onto locally generated, clean solar power—without any upfront costs.
Growing Your Business with Fully-Funded Solar
A PPA provides an opportunity to have a solar PV system installed on your roof at zero cost. Instead of paying for the system itself, you simply pay for the electricity you use—at a rate that’s typically much lower than your current supplier’s. Even better, that rate is guaranteed to rise only in line with the Retail Price Index (RPI), protecting you from unpredictable energy markets.
How It Works
- Lease Your Roof Space
You agree to lease the airspace above your roof for 10 to 25 years and enter into a Power Purchase Agreement. This simply means the solar PV system will be sited on your rooftop for the duration of the contract. - Free System Installation
Devon Solar coordinates with expert installers to fit a high-quality solar PV system on your premises at no charge to you. The entire setup and connection are covered by our Asset Management partners. - Pay for What You Use
You purchase the solar electricity your business consumes at a rate below what you currently pay from the grid. Any excess energy you need beyond what the panels produce would continue to come from your regular energy supplier. - Maintenance and Monitoring
For the length of the agreement—10 to 25 years—the system is monitored and maintained at no cost to you. This includes any insurance and operational checks, ensuring the panels are always operating at their best.
PPA vs. Doing Nothing
Choosing a PPA means taking control of your energy costs and environmental impact. Compared to sticking with the status quo—continuing to pay fluctuating, and often rising, prices for grid electricity—a PPA offers both immediate and long-term advantages.
How You Benefit
- Free Solar PV System
The entire system is fully funded by our Asset Management partners, so you don’t need to worry about capital expenses or loans. - Immediate Savings on Electricity Bills
The solar electricity you use is purchased at a cheaper rate than what your current supplier offers. Lower unit costs translate to cost savings right away. - Green Credentials at No Extra Cost
By choosing solar, you reduce your carbon footprint and enhance your reputation among eco-conscious customers, suppliers, and staff—without any additional financial burden. - No Maintenance or Insurance Costs
Your system is proactively managed under a long-term operation and maintenance contract, including insurance coverage. All this is provided at no extra cost to you. - Long-Term Protection Against Energy Markets
With prices tied only to RPI, you can accurately budget your energy costs and avoid sudden market-driven price spikes. - Fully Transferable
If you decide to move premises, the PPA can be transferred to the new occupants, keeping the setup hassle-free for you.
Ready to Reduce Costs and Boost Sustainability?
A Power Purchase Agreement is a straightforward, cost-effective way to secure a cleaner energy future for your business. You save on operational expenses, protect against future energy price hikes, and showcase a commitment to sustainability—all without paying for the solar installation upfront.
Interested in learning more? Contact Devon Solar today and find out how a fully-funded rooftop solar system under a PPA can help your business grow greener and stronger.
