How to get the most from Power Purchase Agreements
12th July 2018
Power Purchase Agreements are already bringing thousands of businesses significant environmental and economic advantages. Haven Power can help you make sure your organisation doesn’t miss out.
A Power Purchase Agreement (PPA) is an energy buying arrangement between a business, an energy supplier and a generator. It involves the purchase of renewable energy from sources such as a local wind or solar farm for a fixed or flexible price.
PPAs can work both ways – it’s not just about organisations buying renewable electricity. If your company has its own renewable generating capacity, you can sell your electricity too, reducing your overall energy costs and boosting your bottom line.
Whichever style of PPA you choose, you can:
- Protect your company from energy price shocks (because a PPA helps you to plan your finances better)
- Lower your carbon footprint and support the addition of more renewable energy to the Grid
- Increase your revenues and offset your import costs by selling energy you produce back to the Grid.
Hundreds of UK companies are already benefitting from PPAs – Thames Water is just one of them. The water company generates renewable energy, which Haven Power has committed to purchase through a PPA. This increases Thames Water’s revenue and helps reduce its carbon emissions.
If your business could benefit from Power Purchase Agreements, Haven Power can help you find the right solution – either through our in-house team or our network of expert partners. Just fill in our contact form to get in touch.Submit Contact Form