Solar energy is a great way to reduce operating costs, but it’s not always ideal to pay for a solar system up front so – we will do it for you.
We are here to help make ENERGY EASY and supply customers with affordable reliable power without any upfront investment. We have partnered with Ovida to provide a seamless solution that enables you to have access to low-cost electricity.
By entering into an Ovida PPA, your business can enjoy benefits of an onsite system, such as lower energy bills, reduced exposure to energy price volatility, green brand benefits and more – all without having to make any upfront payment.
We will then present a no obligation free proposal to you. Once you decide to proceed, we will arrange to have the system installed at a time that suits.
Frequently asked questions.
This sounds too good to be true, what is the catch?
In the traditional energy model, you pay both for the electricity that you use and for the transportation costs of moving the energy from the generator to your business.
With a solar PPA, you are bypassing all the transportation costs and just paying for the electricity the system generates on your roof.
Ovida makes money by investing in the solar system (asset ) and getting a return on the asset through the long-term sale of solar electricity generated by the asset. It is a rare win-win situation for all parties.
Is it really $0 upfront?
Yes. Once you sign our terms and conditions, our network of installation partners will arrange everything for you.
You only pay for the solar energy created on your roof at a low ﬁxed solar PPA rate on a new, separate solar energy bill. What’s better is at the end of the term, you can offer to buy the system for as little as $1.
I am already with an electricity retailer, what happens to them?
You still need to have an electricity retailer and be connected to the grid.
Your Solar will meet a portion of your energy needs, however, the rest will still have to come from the grid.
What happens if the solar stops working?
It is in our interests to have the solar system operating at its best, as we will charge you for the energy it produces, therefore we will maintain the system throughout the term. If for any reason the solar is not producing electricity you will not be charged when the system is not producing.
What if I want to buy the system outright at some point during the contract?
The contract provides a termination fee charge for each year of the contract. Any year in the contract you can offer to buy out the system.