Greener power.
Greater savings.
No upfront costs.

With a Power Purchase Agreement (PPA), you can finance your solar project through a third-party investor, such as Solect, who leases your property to build, own, and operate a solar energy system. Solect then sells you the electricity generated at a fixed rate for an extended period – typically 20 to 25 years – and at a cost per kWh well below current utility rates.

Endicott College, Beverly, MA – 333.2 kW

Who benefits from a PPA?

A Power Purchase Agreement (PPA) is frequently employed by public, educational, and nonprofit entities. Nevertheless, it is also utilized by commercial property proprietors who opt not to make an immediate investment in a solar project. Instead, they sign a PPA with a solar developer or investor, such as Solect Energy and rent out suitable spaces for solar projects. For government entities, a PPA presents an advantageous choice for obtaining cleaner and more affordable electricity without the need for a significant upfront investment in a solar energy system. It enables you to conserve your capital, reduce operational expenses, and allocate funds towards other critical requirements.

State agencies

Lead your constituents by example and use solar at properties across your state.

Municipalities

Maximize your tax dollars and invest in critical infrastructure and services.

Schools

Prioritize budget for staffing, new programs, materials, and technology.

Nonprofits

Hire new staff and invest in mission-critical initiatives and other resources.

Solect Energy & PowerOptions: An exclusive PPA built for you

Solect partners with PowerOptions, the largest energy-buying consortium in New England, to offer a Solar and Storage Program with several advantages beyond those of a standard PPA – from faster deployment and easier management to more options and maximized savings.

Explore PowerOptions Programs

It all starts with a conversation

Solect has completed more than 250 PPAs, from small commercial systems to multi-MW ground-mount and canopy projects, and we’re ready to work with your team. We’ll start by conducting an in-depth assessment of your energy needs so we can implement a solar program that best meets your goals today and into the future. Together, we will:

Evaluate your electricity profile and solar potential
Recommend appropriate installation sites
Prepare a cost-savings analysis and forecast
Develop a project plan and timeline for you

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solar projects completed

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Power Purchase Agreement projects

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PowerOptions Program projects

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total expected savings from PowerOptions projects

Let’s talk solar

Ready to learn what a PPA can do for your organization?

Get Started

Greener power.Greater savings.No upfront costs.

Who benefits from a PPA?

State agencies

Municipalities

Schools

Nonprofits

Solect Energy & PowerOptions: An exclusive PPA built for you

It all starts with a conversation

0+

solar projects completed

0+

Power Purchase Agreement projects

0+

PowerOptions Program projects

0M

total expected savings from PowerOptions projects

Let’s talk solar

Ready to learn what a PPA can do for your organization?

Greener power.
Greater savings.
No upfront costs.