Solar Project Financing
A Power Purchase Agreement (PPA) is a service contract wherein RC Energy Group owns the solar project, produces electricity, and maintains the system for the term of the agreement. Advantages include:
No initial investment in capital RCEG pays for the system, and agrees to provide power to the customer for the contract term.
Efficient utilization of tax benefits RCEG utilizes the tax benefits, including the 30% federal investment tax credit, federal depreciation benefits, and applicable state incentives.
no required maintenance RCEG runs and maintains the solar facility.
firm price of electricity Together RCEG and the customer set the price for the term of the contract.
RCEG takes production risk The customer only pays for what the system produces.