Power Purchase Agreement (PPA)
Enjoy renewable energy without the upfront costs in Singapore. With a solar PPA, you pay only for the electricity generated while LHN Energy handles the rest.
Types of Solar Installation
A solar power purchase agreement (PPA) is a financial agreement where a developer arranges for the design, permitting, financing and installation of a solar energy system on a customer’s property at little to no cost. After the installation, the developer then sells the energy back to customer at a fixed rate. This way, customers get the benefits of a cheaper electric bill and smaller carbon footprint, but they’ll pay for it over time instead of making a major up-front investment that will cost them a sizable price tag and lots of time.
At LHN, customers don't have to pay any upfront investment or maintenance costs, and our prices are fixed low in the long run. Customers will notice a steep decrease in their monthly electricity bill in the coming month after the installation of solar panels.
In a solar PPA, LHN Energy installs, owns, and maintains a solar energy system on your property. Your business then purchases the electricity generated by the system at a predetermined rate. The cost is often lower than traditional utility rates.
Cost Savings: With a solar PPA, you can enjoy immediate savings on your electricity bills as you pay only for the power you use (usually at a reduced rate).
No Upfront Investment: PPAs remove the need for substantial initial capital, making solar energy more accessible to businesses of all sizes.
Maintenance-Free Solution: The third-party provider manages the installation, monitoring, and maintenance of the solar system.
No Upfront Investment: PPAs remove the need for substantial initial capital, making solar energy more accessible to businesses of all sizes.
Maintenance-Free Solution: The third-party provider manages the installation, monitoring, and maintenance of the solar system.
A PPA allows businesses to adopt solar energy with no upfront costs. The provider installs, owns, and maintains the system while the business pays for the electricity used.
In contrast, an upfront purchase involves buying and owning the solar system outright. The process requires significant initial investment but offers full control and long-term savings.
In contrast, an upfront purchase involves buying and owning the solar system outright. The process requires significant initial investment but offers full control and long-term savings.