Most public sector solar projects are funded through a Power Purchase Agreement (PPA), allowing government entities to go solar with zero upfront costs:
- A private equity partner owns and installs the solar system.
- The government entity purchases the energy at a significantly lower rate than their current utility costs.
- After 10-20 years, the system can be donated or transferred at little to no cost, leading to free energy for years to come.
With no capital investment required, a PPA eliminates the burden of rising utility costs and allows public entities to redirect budget savings to other critical needs.