Power Purchase Agreement

Key Features

Harvest Green Developments are blessed with shareholders that have invested private equity developing and constructing Solar PV installations since the government launched the Feed-in Tariff in 2010.

HGD are able to provide a solution whereby we fully fund the supply, installation, monitoring, and maintenance of the Solar PV system through a Power Purchase Agreement (PPA) for 20-25 years. Our PPA solution has allowed businesses, schools, and councils to enjoy the financial, and environmental benefits of a Solar PV system without having to invest their own cash into the system.

By signing a PPA, HGD become a long-term electricity provider selling the electricity you consume from the Solar PV installation at rate approximately 20-40% less than what you pay your current electricity provider. Our PPA rate is linked to the Retail Price Index (RPI) which has increased by an average of 2.89% per year since 2004, which is substantially less than electricity inflation that has increased by an average of 8.53% per year.

Is a PPA right for my business?

  • Free Solar PV System – HGD fully fund supply, installation, monitoring, and maintenance for 25 years
  • Immediate savings – Purchase electricity from the system at a rate 20-40% less than current electricity provider
  • Hedge against electricity inflation – Our PPA is linked RPI, which inflates at a far less rate than electricity inflation
  • Fully transferable – Our lease & PPA can be fully transferred to the incoming landlords should you decide to relocate.
  • £0 CAPEX ‘Green’ credentials – A zero cost route to improving your Corporate Social Responsibility (CSR), enhancing relations with eco-conscious suppliers and customers

Integration into your existing property and grid connection

Power Purchase Agreement process
  1. Solar Panels: Silicon based Photovoltaic (PV) cells that convert sunlight into direct current (DC) electricity.
  2. Inverter: Converts DC electricity into alternating current (AC) electricity.
  3. Generation Meter: Measures the total amount of electricity generated.
  4. Electrical Panel: The AC electricity transfers through the electirical panel into your property to power your business.
  5. Import/Export Meter: Measures the surplus electricity which is either imported for business needs or exported as excess.
  6. Utility Grid: Your business will still be connected to the grid for surplus power requirements.
  7. Monitoring System: Our remote monitoring system continuously tracks your energy production and ensures that your system is running smoothly. It will even alert our repair crews in the rare event that problems arise.

Are you right for HGD?

Can you grant us a lease of the airspace above your roof?
Do you want to save money?