Power Purchase Agreement

A power purchase agreement is a contract between two parties, one which generates green electricity and one which purchases electricity. 

Sunsear offer Power Purchase Agreements to commercial customers.  

The main benefits for clients are:

  • No upfront capital costs - Sunsear will install the solar system without any initial payment from the client.

  • Reduced energy costs - the electricity supplied to the client is provided at a discount to PEA/MEA rates.

  • The system ownership is transferred to the client at the end of the contract ( 10 or 20 years typically).

  • The installation, operation and management of the system is undertaken by Sunsear.

  • There are options for the client to purchase the system throughout the lifetime of the PPA.

Frequently Ask Questions

  • A Power Purchase Agreement (PPA) is a smart energy solution that allows you to buy clean and affordable electricity without the need for upfront costs.

  • The exact savings vary based on factors like energy consumption and PPA terms. However, solar energy PPAs can provide significant cost savings by offering discounted rates compared to traditional utility electricity prices

  • Yes, certain government regulations and permits are necessary for installing a solar energy PPA system in Thailand. Our team will handle the paperwork and guide you through the regulatory requirements to ensure compliance.

  • The installation timeframe can vary depending on the size and complexity of the system. However, our experienced team strives to complete the installation process efficiently, ensuring minimal disruption and timely deployment of the solar energy PPA system.

  • Yes, you will continue to receive electricity bills; however, the charges reflect the discounted PPA rate for the electricity supplied, potentially resulting in reduced overall electricity expenses compared to standard utility bills.

  • Absolutely! With our solar energy PPA, you can rest assured that your rate will stay consistent over the entire contract, offering you predictable savings.

  • Yes, we provide solar energy PPA installations in various locations across Thailand, including remote areas. Our goal is to make clean and affordable energy accessible to customers throughout the country.

  • Yes, we provide you with real-time monitoring capabilities to track the performance of your solar system throughout the PPA contract, ensuring transparency and allowing you to assess its efficiency.

  • In such cases, Sunsear is responsible for addressing any underperformance issues or necessary maintenance, ensuring that the solar system continues to operate efficiently and fulfill the agreed-upon energy production expectations.

  • In some cases, it may be possible to convert an existing solar system into a PPA arrangement. This would need to be discussed and evaluated.

  • The main benefits of a solar energy Power Purchase Agreement (PPA) include reduced energy costs, no upfront capital investment, environmental sustainability, long-term fixed pricing, and professional system installation, operation, and maintenance.

  • No, there are no upfront payments required for our solar energy PPA. We handle the initial costs, ensuring a seamless transition to cleaner and more affordable energy without financial burdens upfront.

  • Yes, your solar energy PPA system will still generate electricity during cloudy or rainy days, although the output may be reduced. The system is designed to capture sunlight even in less ideal weather conditions.

  • We utilize high-quality solar panels that are rated Tier 1 by Bloomberg. These panels come with a 25-year guarantee. Additionally, we partner with reputable industry leaders such as Sungrow, Alpha ESS, for our inverters and other equipment.

  • At the end of the PPA contract, the solar system ownership is transferred to you, empowering you with cleaner energy independence and potential long-term savings.

  • Our solar energy PPA contracts typically last for a duration of 20 years, providing you with long-term access to clean and affordable energy.

  • The size or capacity of the solar energy PPA system depends on various factors, including available space and energy requirements. Our team will conduct a thorough assessment to determine the optimal system size for your needs.

  • Yes, in many cases, you can still install a solar energy PPA system on a rented property, subject to the landlord's approval and appropriate contractual arrangements with the PPA provider.

  • Yes, our solar energy PPA includes regular maintenance and cleaning services for the solar panels. Our team will ensure that your system remains in optimal condition to maximize energy production and system efficiency.