Power Purchase Agreements (PPAs)

What Is a Solar PPA?

For many property owners, buying a solar system outright isn’t ideal. A Solar Power Purchase Agreement (PPA) provides a no-upfront-cost alternative. UTICA designs, installs, owns, and maintains the PV system on your site — and you simply buy the solar electricity it produces at a rate lower than the grid.

Unlike leasing, where you pay a fixed fee, a PPA is performance-based: you only pay for the clean energy generated.

How a PPA Works

• UTICA funds and installs the solar system at your property.
• You sign a long-term agreement (usually 15–25 years) to purchase the solar electricity produced.
• The rate per kilowatt-hour is typically 10–30% lower than your utility tariff.
• UTICA manages all maintenance, monitoring, and insurance.

Benefits of a Solar PPA

• Zero Capital Outlay: UTICA makes the investment.
• Immediate Savings: Energy rates below grid prices.
• Minimal Risk: Guarantee performance and handle repairs. Stable Pricing: Fixed or controlled rates protect you from utility fluctuations. End-of-Term Advantage: In many PPAs, ownership of the system transfers to you for free after the contract period.

Things to Know

Some PPAs include a small annual rate increase (1 – 3%) to account for inflation and upkeep. Even with this, solar PPA rates remain more stable and predictable than traditional electricity prices.

For many residential, commercial, and institutional property owners, a solar PPA provides a reliable path to clean energy adoption without the financial burden of owning a system outright. It combines zero or low upfront costs with long-term energy savings, minimal maintenance, and the environmental benefit of reducing reliance on fossil fuels.

If you're considering solar energy but hesitant about the upfront investment or system management, a solar PPA may be the smartest and most affordable way to power your property sustainably.