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Commercial Solar PPA Service

Protect your business from fluctuating energy prices by locking in long-term, stable electricity costs with Select Electrical’s Power Purchase Agreement (PPA). We are committed to making commercial solar accessible to businesses all over Canberra. Our commercial solar PPA helps businesses like yours enjoy solar energy’s benefits without any upfront costs. We provide a hassle-free transition to renewable energy by offering flexible financing options and providing top-notch service and support throughout your solar journey.

What is a Commercial Solar PPA?

A Power Purchase Agreement (PPA) is a financial contract in which we install, own, and operate a solar power system on your business property. This means that you’ll only pay for the solar energy you use, and at a reduced cost. You will receive a monthly electricity statement similar to what you get from a traditional utility company. This system allows you to take advantage of solar without a large capital outlay while minimising operational risk.

Is Solar Power a Good Investment in Canberra, ACT?

According to the government’s website, ACT residents benefit from some of Australia’s lowest electricity rates. The following table evaluates the return on investment for three common solar system sizes (5kW, 6.6kW, and 10kW) based on different energy consumption patterns.

The assumptions and limitations of this analysis include an assumed energy price of 29c/kWh, which is on the lower end of the spectrum in different areas of Canberra, and a solar feed-in tariff of 7c/kWh.

Solar Panel Size

Average Cost

Average Daily Energy Usage

Self Consumption Rate

Annual Savings

Payback Period

5kW

$5,160

15 kWh

40%

$990

5.1 Years

6.6kW

$5,730

20 kWh

40%

$1,314

4.3 Years

10kW

$8,580

40 kWh

40%

$2,344

3.6 Years

Benefits of Choosing a PPA with Select Electrical

Immediate Savings

Enjoy significant savings on your electricity bills.

No Upfront Costs

Start saving immediately without any initial investment.

Predictable Energy Rates

Lock in low energy rates and protect against rising electricity costs.

Reduced Emissions

Contribute to sustainability by reducing your carbon footprint.

Energy Independence

Ensure your bottom line remains stable by locking in a fixed portion of your energy costs.

No Operational Responsibility

You only pay for the power generated – we stay on top of the system, maintain it, and upgrade it as you need.

Earn The ‘Green Business’ Tag

Embracing solar energy attracts environmentally conscious consumers while demonstrating your company’s eco-friendly image.

Outright Ownership at the End of PPA

Upon completion of your PPA, the ownership of the system is transferred to your organisation free of charge. This is the point at which the generated power becomes yours for free!

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How Our Commercial Solar PPA Works

Seamless integration ensures solar batteries enhance energy efficiency and provide reliable backup power for your business.
Here’s how they work:

Solar System & Battery Integration
Solar batteries work seamlessly with your solar power system to maximise energy efficiency. Here’s how:

Energy Audit and Design

Our experts conduct a thorough energy audit and site assessment to understand your energy needs and potential. Based on the audit, we design a solar system based on your energy requirements. The PPA is then prepared and signed.

Installation and Activation

Unlike typical installation plans, rest assured that there's no upfront expense on your part. You start saving from day one! We handle the installation process while ensuring minimal disruption to your business operations.

Ongoing Energy Purchase

Purchase energy from us at a fixed, discounted rate, with up to 25% savings compared to your current electricity tariff. We set up an arrangement with our billing partner to ensure seamless billing. Our monitoring software tracks your energy consumption and savings in real time.

System Ownership Transfer

At the end of the PPA term, we transfer ownership of the solar system to your business at no extra cost. This allows you to continue enjoying reduced overheads and low maintenance power.

Backup Power

In the event of a power outage, the battery supplies stored energy, keeping critical systems and operations running. Once the grid connection is restored, the battery recharges using solar power, ensuring ongoing preparedness.
solar power system

Select Electrical Covers

  • Commercial solar PPA financing through Brighte Green Loan.
  • Thorough financial & energy analysis of your site.
  • An electrical system designed and installed by Select Electrical’s certified contractors.
  • Complete Occupational Health and Safety compliance.
  • Complete installation.
  • All PV system maintenance.
  • Metering & billing.
  • All insurance costs and liabilities.

The solar photovoltaic (PV) system is owned, operated and maintained by Select Electrical. The electricity it produces is sold to you at an agreed price (c/kWh) for the length of the PPA contract (between 7 and 30 years).

Commercial Solar PPA FAQs

1. Is my business suitable?

A suitable business will ideally own its premises or lease it for a minimum of 5 years. Have a clear usable roof space with a predominantly daytime electricity consumption. Last but not least, power bills should exceed $10,000 per year.

2. How does a solar PPA work?

It’s essential to understand that a Solar PPA covers your electricity costs only for daytime power usage. When the sun sets, your business will need to purchase electricity from the grid, which won’t be available at the same low rate as the daytime arrangement.

The rate for nighttime grid electricity can be negotiated either by the provider on your behalf or directly with the electricity retailer of your choice.

3. Who is in charge of the operation and maintenance under a PPA?

Under a PPA, the provider (in this case, us) is responsible for operations and maintenance. 

PPAs protect you from performance and operational risks. Whenever a component fails or performs poorly, we take care of everything. Your system will be looked after until the day of handover. We will make repairs at our own expense.

4. Should we own our property before considering a PPA?

To consider a PPA, you do not need to own your property, but long-term tenancies are the best option. The first step is to obtain permission from your landlord if your business leases the site. Formally, this should be done with a Letter of Consent (LOC) and an amendment to the main lease, or a Letter of Amendment (LOA).

You can move on to the next step once you have an in-principle agreement on the LOC and LOA. You can formalise these letters once the solar business case has been approved.

5. How are the energy rates determined?

Rates are fixed at a discount to your current electricity tariff. We’ll provide full transparency on how rates are set and explain any possible rate changes that might happen throughout the PPA term.

Get to Know How We Can Get You a Solar ROI

Contact us today to start your journey towards affordable, sustainable energy with a commercial solar PPA from Select Electrical. Our systems comply with all local, state, and federal regulations to ensure safe and legal operation.

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