Powering Change
Installing since 2010 · 0118 951 4490 · info@spiritenergy.co.uk
Spirit is a commercial solar installer. We work with several financiers and can obtain quotes for lease finance and / or Solar PPA finance. We can usually obtain three or four PPA quotes on behalf of our clients.
If you would like a quotation for commercial solar and PPA finance, please call us on 0118 951 4490, or email us on commercial@spiritenergy.co.uk.
We installed one of the largest educational solar system in the UK - 634kWp at Sparsholt College in Winchester. The system was financed by a PPA agreement and the College is now benefiting from low cost solar electricity. If you are looking for a solar PPA, we'd love to help.
A Solar Power Purchase Agreement is a funding structure that allows a business to install a solar PV system with no upfront cost. A PPA investor funds the design and installation of the system and retains ownership for the duration of the agreement. Spirit provides the system design, installation, monitoring and ongoing maintenance services on behalf of the investor.
Once installed, the site operator purchases the electricity generated at a fixed price per kWh. This price is lower than the current grid electricity rate, resulting in immediate bill savings. Any surplus solar power that the site does not use is exported to the grid. The investor receives the export income.
The PPA term is typically around 25 years. During this time, the investor is responsible for servicing, maintenance, performance monitoring and warranty management. At the end of the agreement, the site operator may choose to extend the contract, purchase the system, or request that it is removed.
| Benefit | What it Means in Practice |
|---|---|
| No upfront cost | The investor funds the system. You start saving as soon as it is operational. |
| Reduced and predictable energy costs | Solar electricity is sold to you at a fixed rate below the grid price for the full term. This provides long-term budget certainty. |
| No operational responsibility | The investor takes care of installation, maintenance and system performance. |
| Supports sustainability goals | Onsite renewable generation reduces carbon emissions and strengthens ESG credentials. |
| Cashflow friendly | No capital expenditure and no impact on working capital or other investment plans. |
A PPA is typically suitable for organisations that:
You can also complete our Solar PPA Quick Assessment Form and we will make an initial assessment of the viability of a PPA at your premises:
