Solar Leasing And PPAs
SOLAR LEASING AND SOLAR ENERGY
As the demand for clean energy has grown, so has the financing options available to consumers. Some customers choose to finance the investment with cash or a traditional loan; but within our North Carolina and Georgia markets, consumers have other options that are financially advantageous. Solar leasing and power purchasing agreements (PPAs) or Solar Energy Procurement Agreements (SEPAs) have become preferred financing mechanisms that allow businesses and nonprofits to have affordable access to clean energy with significantly reduced upfront costs as compared with a cash purchase.
Georgia Solar Leasing And Solar Energy Procurement Agreements
Georgia has been one of the fastest growing solar markets in the country.
The Solar Power Free-Market Financing Act of 2015, also known as House Bill 57, was signed and passed on May 12, 2015. This Act enables solar energy procurement agreements (SEPAs) which lessen the impact of solar panel costs for businesses across Georgia. The bill allows businesses to finance the cost of construction of solar panels while paying back the investment over time through their energy savings from using solar. Contact Eagle Solar and Light to see how SEPAs can lower your utility costs.