Sustainable Energy Savings

What is a Power Purchase Agreement (PPA)?

  • Customer subscribes to a Nexamp solar array.
  • The solar array feeds clean electricity into the grid while earning the account credits.
  • Credits are purchased at a discount, reducing annual electricity costs.

Onsite PPA

If the solar facility is located on the customer’s premise, they would enter into an onsite PPA. In this agreement, we install, own, and operate the system. The power generated directly offsets electricity that would otherwise be drawn from the grid.

Offsite PPA

When projects are located offsite, such as a Nexamp Community Solar farm, customers sign an Offsite PPA. Under this model, net metering credits are allocated to the customer’s bill at a guaranteed discount, providing a predictable form of cost reductions.
Benefits of a Power Purchase Agreement
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Electricity cost reductions
No upfront capital investment
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Long-term cost stability and predictability
Solar Panel
Directly supports the deployment of new renewables on the grid
Clear commitment to clean energy transition

Success Stories

Albany Medical Center
Albany Medical Center
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City of Worcester
City of Worcester
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No, this is not a contract to buy energy. Your organization would still work with your third-party supplier and utility to source and secure electricity. The energy credits generated from the solar farm are applied against the bills you receive from your utility to offset your costs.
A typical PPA has a term length of 15-20 years. This allows Nexamp to obtain, finance, build, and eventually operate the project.
While this is a long-term agreement, Nexamp is obligated to find a replacement entity in the case of termination. We have years of experience developing creative solutions to address customers’ contractual concerns, and stand at the ready to develop a solution that works for you.
While many community solar programs do not allow for the transfer of RECs to the customer, there are several select markets where project RECs can be passed along. In addition, Nexamp has developed a REC bundling product whereby we can seamlessly procure and retire Green-E Certified RECs to match the volume of community solar credits being delivered.
Nexamp has been offering PPAs and other offtake products since 2012. We have a long history of working with customers from Walmart and T-Mobile to small commercial and governmental entities.

Expertise from start to finish

Energy Storage
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Hosting a Farm
Steady revenue built on your land or rooftop
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