Micro-Utility PPAs Are A Historically
Proven Solar Investment
A longer history than you know
The solar micro-utility Power Purchase Agreement (PPAs) is a proven investment strategy with a much longer history than you might expect.
A concept similar to the modern PPA took hold in the US in 1978 as the way to finance independent utility-scale renewable energy power plants. PPAs as we know them today had their start in 2002 when SunEdision pioneered the idea of using the approach to finance commercial-scale solar installations. Since then, solar PPAs have been rapidly growing in popularity.
The Players In a Solar Micro-Utility
A successful micro-utility brings together a variety of stakeholders. It is Greenzu's job to bring them together. It is your investment that makes it happen.
The Central Players
In setting up the solar micro-utility, the central players are:
You will own a special business entity that Greenzu creates for you. That special company in turn owns the solar micro-utility. Your investment goes into that special company and is used to pay for the solar installation. Later, energy payments are made to your special company, and all operating costs are paid out of this company. As the owner you keep all the net profits, and get to take all the tax benefits offered to solar system owners.
The host customer makes their building available for the solar installation, though they do not pay for any equipment or ongoing maintenance. In return, the host agrees to pay you for 20 years of clean energy.
Greenzu puts the micro-utility project together for you. We locate a qualified host customer, we line up the installers and solar equipment vendors at great prices, we handle all the permitting and paperwork, we create the business and tax structures required to run your micro-utility, we oversee construction, and after the system is running smoothly, we hand it over to you.