Power Purchase Agreements
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What is a Solar Power Purchase Agreement (PPA)?
Power Purchase Agreements enable Australian businesses to make the switch to solar without having to purchase a solar system. We install a solar system on your business and you purchase energy at a pre-determined fixed rate for the term of the PPA. This rate is significantly lower than your current market rate. Solar PPAs typically range from 10 to 25 years. During this period, Horan & Bird is responsible for the operations and maintenance of the system.

No Upfront Costs.
You won’t pay any initial capital.

Immediate Savings.
No upfront capital means you don’t have to wait for your ROI. You’ll be cashflow positive from day one!

Fixed Energy Price.
You’ll be able to protect your business against rising energy prices by locking in a low daytime energy rate.

Low Risk.
There are no ongoing maintenance fees and the system has performance guarantees so there’s no risk of production loss.
IGA Burpengary Case Study.
IGA Burpengary went solar with a Power Purchase Agreement (PPA) in 2017. The store owner, Shay told us that the three biggest expenses in retail are electricity, rent and labour. Electricity was the one he has the most control over, so he made the switch to solar.
Prior to going solar, the business was paying $13,000 per month for electricity. The store is 700 square feet and houses 22 doors of chiller fridges which make up about 70% of the stores energy costs.
After assessing the stores energy needs and usage, Shay gave us the go ahead to install a 100kW system. Since having the system installed, Shay is now saving approximately $5,500 per month off his bill. The best part is, he didn’t pay anything upfront for the system! IGA Burpengary is on a 15-year PPA, locking them in for savings of approximately $60,000 a year for the next 15 years!
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Power Purchase Agreements (PPA)
A Power Purchase Agreement, or PPAs, have been gaining popularity as Australian businesses look for security of supply, a smaller carbon footprint and more affordable electricity prices – but what are they and how can they help your business? Want to achieve energy savings and a pathway to Net Zero Energy, but have the following concerns? “I don’t want to allocate a budget for solar, I don’t own the building, I don’t want a long term contract, I don’t want any risk, I am not sure of what my energy future looks like, I want one bill, I want it to be easy.” If your business wants to work towards being Net Zero but does not want to use capital, then
Want to learn more?
Request a callback from one of our friendly team to learn more about PPA’s and how you can switch to solar without having to purchase a solar system.