INFINITE SOLAR INCORPORATED

INFINITE SOLAR INCORPORATED Power Purchase Agreement (PPA), a financial setup that helps energy users bypass the capital expenses of solar panels, inverters, and permits, is an off-balance-sheet deal. What Is a SOLAR POWER PURCHASE AGREMENT (SOLAR PA)? A solar power purchase agreement (or PPA) allows an energy user (the offtaker) to have a third-party developer build, maintain, and operate a PV system on its property at no charge. After a fixed period, the offtaker commits to purchasing electricity from the owner. The price the offtaker pays is normally less than that offered by the utility company. The offtaker also gets a renewable energy source and can implement sustainable practices.