Power Purchase Agreement (PPA)

What is Power Purchase Agreement (PPA)?

• A solar power purchase agreement (PPA) is a financial agreement for installing solar panels for energy generation at your premises.
• Without actually paying the cost of the solar panels which would cost a dime, you can now sign a PPA and pay a fixed amount monthly to use the energy generated from the solar panels installed at your premises.
• The monthly payment includes maintenance and repairs, system monitoring, insurance, a roof penetration warranty.
• Simply put, Riyonics is selling you power in the form of electricity at a reduced rate.

Benefits of Power Purchase Agreement

• With PPA, you do not have to pay the high upfront cost of solar panels, equipment, and installation.
• Instead of paying the expensive solar panels, you can pay a monthly fee for the electricity generated only.

Simple steps for PPA

• Contact Riyonics to provide solar power service.
• We visit your home to determine if it qualifies for the PPA.
• We evaluate sun exposure, roof angle and access issues.
• If eligible, RIYONICS collects deposit and signs an agreement with you.