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.
Other articles related to "power purchase agreement, agreement, power":
... project finance renewable energy policy Renewable energy commercialization Renewable portfolio standard wind farm wind power Wind power in the United States. ...
... On August 14, 2008, Pacific Gas and Electric announced an agreement to buy all the power from the power plant ...
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