Solar Energy in The United States - Incentives - States and Local - Power Purchase Agreement

Power Purchase Agreement

In 2006 investors began offering free solar panel installation in return for a 25 year contract, or Power Purchase Agreement, to purchase electricity at a fixed price, normally set at or below current electric rates. By 2009 over 90% of commercial photovoltaics installed in the United States were installed using a power purchase agreement. Approximately 90% of the photovoltaics installed in the United States is in states that specifically address power purchase agreements.

Read more about this topic:  Solar Energy In The United States, Incentives, States and Local

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