A power purchase agreement (PPA) is a contract between electricity suppliers and consumers, or ‘providers’ and buyers’, allowing one to buy power from the other. In most cases, electricity companies buy excess power back from self-producing, independent companies, such as those using solar, wind, or generating electricity.
PPA’s allow companies to generate extra revenue from their excess power supply, which would otherwise go to waste. This, in turn, helps utility companies attain electricity at a lower cost than producing it themselves.
Generally, a PPA consists of the buyer (a utility company) and the seller (your business), also known as the ‘Independent Power Producer’ (IPP), entering into a contract.
A PPA or IPP agreement is usually formed on a long-term contract basis, meaning your business could generate steady, reliable revenue over the long term.
THE BENEFITS OF A POWER PURCHASE AGREEMENT
Guaranteed Revenue
Power Purchase Agreements are generally entered into on fixed, long-term agreements with either utility companies or government sectors.
This means you could receive guaranteed, steady revenue for your excess power from trusted, stable sources.
Delivering Guaranteed Quantities and Prices
PPA’s can be used by government sectors when planning projects to determine a fixed price for energy that would otherwise be subject to forecast. This helps public-sector projects predict their own costs in turn.
For you, the supplier, this means a fixed income over a projected timescale, allowing for a more accurate profit projection.
PCAS LTD BY PROVIDING STRESS-FREE PPA AT
PCAS Ltd, we can help secure your PPA, providing a comprehensive, start-to-finish service.
No matter how you generate your power, we can help set up and operate your power purchase agreement. We’ll even arrange sales back to the national grid, leaving you stress-free and focusing on revenue.
We can help supply and commission your power supply with our industry-leading service and hardware, while also providing access to’ready-to’-go’ power greements. Helping you power your operation and monetizing any excess power you may have.
At PCAS Ltd., we have a collective experience of over 50 years working within critical power solutions across most industries.
No matter which service you’re looking for, our team can provide a start-to-finish solution, including design, installation, and testing.
We use a range of hardware from industry-leading manufacturers and providers, offering solutions for all areas.
We’re a Sheffield-based company with national capabilities, employing modern remote monitoring services.
If you’re considering installing and commissioning power generation with the aim of becoming an independent power provider, we can help.
At PCAS Ltd., we can supply, install, and commission generators ranging from 100–2350 kVA self-contained units to multi-megawatt systems designed with PPA in mind.
We have a full range of power generation options available, including gas, diesel, and silent generators. Each of our hired, supplied, and installed generators is maintained to the highest standard using prime components, guaranteeing continuity of supply and output. Speak to our team today to discuss your power generation options and developing your PPA contract to grow your revenue.
Currently ongoing are design, supply, installation, and commission. Providing critical power and power generation using gas generators.
Excess power can be resold back to utility companies using a power purchase agreement, allowing continuity of supply and revenue and benefiting both parties.
This project consisted of a complete design, installation, and commission, including CHP. Units demonstrated with built-in SCR were able to show lower emissions prior to use.
Our teams are headed up by Stuart and Nik Morley, who have a collective 50 years of experience in the power control, communications, and automation industries.
Our experience is our greatest asset and has allowed us to grow our company and reputation organically. Our independently run organisation allows for maximum flexibility during project delivery.
We welcome conversations with consultants, manufacturers, design and build companies, mechanical engineering companies, planners, project managers, and anybody requiring critical power solutions.
