Purchase Options

Purchase

Buying the Fuel Cell Power Plant requires up front capital and financing. Upon completion, you must monitor the equipment and maintain it over a long period of time.

Lease-to-own

Leasing to own allows for a smaller or no down payment as compared to a purchase. Essentially, you are purchasing the system with fixed monthly payments over time. Leases don’t allow you to escape from having to maintain and operate the system.

PPA (Power Purchase Agreement)

The PPA is a long-term agreement to buy power from a company that uses its own source of funds to build the Fuel Cell Power Plant on a customer’s site and maintains and operates the facility for 5, 10 or 15 years or longer. PPAs remove the risk of paying up-front system costs or worrying about the long term operation and maintenance of the facility. At the end of the month, you pay only for the energy produced at the site and any remaining energy you need is purchased from the utility.

At the end of the PPA term the facility can be purchased at fair market value or you can renew the PPA on favorable terms. The PPA enables customers to benefit from the use of green energy while still receiving some of the benefits of ownership, including fixed or known electricity costs over an extended period of time.

Benefits of a PPA Contract

  • No upfront costs to customer
  • Stable energy costs
  • Performance Risk – none
  • Maintenance Risk – none
  • Purchase Required – none (at option of customer at end of PPA contract)