WHAT IS A POWER PURCHASE AGREEMENT
OTI Power specialise in PV solar Power Purchase Agreements, also known as PPA, allowing businesses the benefits of PV solar with no up front costs. Under an OTI Power PPA we supply, own and maintain the solar system. Customers can then purchase the electricity it generates, typically at substantially lower rates than traditional utility power.
Secure your companies energy costs with long term hedging against future power price increases with an OTI Power PPA. These innovative solutions provide your business the financial and social benefits of solar energy without the burden and costs of solar system ownership. Start saving immediately and lock in steady and predictable energy costs for decades with a customised OTI Power PPA. We will be responsible for the installation, maintenance and insurance for the PV solar system under the agreements terms and conditions.
- AER Approval
KEY BENEFITS OF A PPA
- No upfront costs
- Maintenance & Insurance of the solar system is taken care of throughout the agreement
- Monthly payments per unit of electricity used at the agreed price.
- The solar system immediately reduces your current electricity bill
- Provides certainty for future electricity budgets
- Increase in property market value
- Low Risk Investment
- Increase your brand positioning by being referred to as a “Green” organisation
- 24/7 Support and reporting on system performance
- Excess power “feed in tariff ” (applicable in your state/territory)
- Reduces the carbon footprint
- Positive cash flow savings at system initialisation
- No system performance or operating risks
- State of the Art, Design, Engineering and Project management