What Is A Solar PPA And Why Businesses Choose It
Learn how a Solar Power Purchase Agreement works in Ireland, the benefits for your business, and why it offers a smarter route to renewable energy with no upfront costs.
By Lumen Solar
Why Businesses Are Turning to Solar PPAs
Irish companies are under growing pressure to reduce carbon emissions and manage rising energy costs. For many businesses, investing in solar used to mean a large upfront cost and long payback period. That is changing.
A Solar Power Purchase Agreement (PPA) offers a flexible and financially efficient route to access clean, affordable energy without the capital burden.
What a Solar PPA Is
A Solar Power Purchase Agreement is a long-term contract between your business and a solar energy provider. The provider designs, funds, installs and operates a solar PV system at your site. You agree to buy the electricity generated from that system for a set price per kilowatt-hour.
In Ireland, the typical duration ranges from ten to twenty years, depending on the scale and structure of the system.
Key Benefits for Your Business
- No Upfront Cost - The provider finances the entire installation
- Predictable Energy Pricing - Lock in a stable electricity rate for the contract term
- Zero Maintenance - Your provider handles cleaning, servicing and repairs
- Measurable Sustainability Impact - Use performance data in your CSRD or ESG reports
- Flexibility - At the end of the term, renew, buy out, or remove the system
How Lumen Solar Helps
At Lumen Solar, we specialise in designing and delivering commercial Solar PPAs tailored to Irish businesses. From your first consultation to long-term monitoring, we manage everything.
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