Energy finance is simple.
Buy electricity at a discount, that's it.
Right now, you buy electricity from the utility at 100% of the asking price. With a Greenzu PPA, we sell you the same electricity at 10%-20% off utility prices. You pocket that discount.
How Greenzu’s Energy Finance Pricing Works
When you break it down, there are two key concepts to the Greenzu PPA Price: (1) The Base Discount % used to calculate the first year price, and (2) The Escalation %.
Base Discount %
This is how much we deduct from your current utility price to set your first year price for Greenzu energy.
Starting in Year 2, we multiply the prior year’s price by the escalation percentage to come up with the new price for that year
With a Greenzu PPA, your building will first use the electricity generated by the solar panels. If it needs more, it automatically starts drawing from the utility grid. You save money on all the solar kilowatt-hours you use.
Why do all solar PPAs have an escalation rate?
Solar electricity agreements typically include price escalation terms for two main reasons:
2. Save Up For Repairs:
We use the escalation rate to save up money for your solar system repairs.
Save More Each Year
Your price for solar electricity starts at 10-20% off your current utility rate, and goes up 2.5%-3.5% a year while utility rates go up 4%-6% a year on average.
Watch Your Savings Grow
|Year||PG&E Rate||Solar Rate||You Save||5 Yr Totals|
Total Savings: $269,102
* Example pricing for PG&E customers