{"id":266,"date":"2022-09-30T19:26:47","date_gmt":"2022-09-30T19:26:47","guid":{"rendered":"https:\/\/coredevprod.wpengine.com\/?page_id=266"},"modified":"2022-10-27T18:30:32","modified_gmt":"2022-10-27T22:30:32","slug":"ppas-and-financing","status":"publish","type":"page","link":"https:\/\/www.coredevusa.com\/what-we-do\/ppas-and-financing\/","title":{"rendered":"PPAs & Financing"},"content":{"rendered":"\t\t
One of the most common forms of solar financing for commercial solar systems is through a Solar Power Purchase Agreements or PPA financing. PPA is unlike outright ownership, as organizations (businesses, municipalities, educational institutions) play host to a solar array owned and operated by someone else and purchase the electricity from the array under a long-term agreement. At Core Development Group, we are intimately familiar with commercial solar PPA financing.<\/p>\n\n
During our long history in the solar industry, we\u2019ve worked with every type of solar financing available. As a result, we can work within whatever financial structure you bring us.<\/p>\n\n
Core Development Group offers a variety of PPA models that can be customized to the needs of our customer. With our traditional PPA model, Core Development Group (sometimes in partnership with financiers) owns your solar energy system and sells the energy produced to you in a long-term agreement with monthly payments that are less than your current electricity bill. We have unique and innovative PPA products that work especially well for non-profits, religious institutions and municipal entities.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
A key factor for businesses, non-profits, schools, religious institutions, municipalities, and governments to consider is that a solar energy PPA typically does not affect an off-takers balance sheet or borrowing capacity in the same manner as a solar lease or loan. This means that a solar PPA is often the easiest and quickest way to move toward sustainability commitments or energy cost-saving measures due to the lack of legal or financial obstacles.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t \n\t\t\t\t\t\tCosts associated with adding a solar system and the avoidance of financing\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\tBenefits of a Commercial Solar PPA<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\n\t\t\t\t\t\t\tNo upfront capital\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t