How does a solar PPA work ?
Under the Solar Power Purchase Agreement a third party will install the solar rooftop system at your facility and owns and operates the system for the PPA tenure. Typically the PPA tenure is for a tenure of minimum 10 years, and can go up to 25 years PPA.
- Zero upfront cost to the consumer
- Guaranteed savings in the electricity bills
- No Maintenance concerns to the end consumer
- Hassel free installation
- No risk to the end consumer
- Increase in the property value
- Green power benefits
Procedure for Solar Rooftop PPA
Step-1
Finalise the Power Purchase Agreement with the client
The clients signs a 10 years or 25 years power purchase agreement (PPA) with Firstgreen.
Step-2
Installation of Rooftop Solar PV system without no upfront cost
Once the agreement has been signed, Firstgreen will fund and construct the PV system
Step-3
Sale of electricity to the client
After completion, in accordance with the agreement, Firstgreen will sell the client the energy generated on site at the agreed price until the end of the contract.
Step-4
Handover the plant to the building owner
We will handover the solar Plant to the building owner after completion of the PPA tenure.