For Energy Buyers
Stabilise your energy costs with a Power Purchase Agreement (PPA)
Benefits
PPAs can bring a variety of benefits to your business, including:
PPA benefits
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With a PPA, you’ll be purchasing green power alongside the Renewable Energy Guarantees of Origin (REGOs) from a named renewable asset.
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Your business will be adding new green electrons to the grid by financing the construction of new renewable capacity.
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PPAs offer a fixed price for a 10–15-year period. This will ensure your business is protected against wholesale price volatility. What’s more, as renewable energy is less expensive than energy generated from fossil fuels, your energy bills will reduce overall.
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The UK has a target for all sectors of the economy to meet a target of Net Zero by 2023. As you’ll be purchasing renewable energy with a PPA (subsequently reducing the amount of energy you purchase from the grid), your business will easily be able to achieve this target whilst reducing your Scope 2 emissions.
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Sustainability is a key requirement for today’s business stakeholders, suppliers, and customers. Whether you choose a Corporate PPA or a Private Wire PPA, the renewable energy you purchase will be completely traceable to you, and you can use this to illustrate your sustainable business practices.
Got a question about PPAs?
Written by Innova’s experts, our FAQs guide answers some of the most common questions we have been asked by businesses over the years about PPAs.
Interested in a PPA with Innova?
Our free brochure, which you can download below, includes everything you need to know about how we’ll work with you.
Alternatively, feel free to contact our team for more information.
