A Power Buy Agreement (PPA) is surely an arrangement during which a third-bash developer installs, owns, and operates an energy system on a consumer’s home. The shopper then purchases the system's electrical output to get a predetermined period of time. A PPA allows The shopper to get stable and infrequently reduced-Price electrical power without
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7An investor are not able to declare any PTCs to offset taxable revenue In the event the PTCs in concern were generated prior to the investor getting an equity operator in the project. This sort of pre investment PTCs are Consequently “dropped” within the sense that they have got no benefit to the tax fairness investors and for this reason will