{"id":101081,"date":"2022-12-06T10:59:56","date_gmt":"2022-12-06T10:59:56","guid":{"rendered":"https:\/\/lightsourcebp.staging.1int.co.uk\/?page_id=101081"},"modified":"2024-02-15T20:31:27","modified_gmt":"2024-02-15T20:31:27","slug":"physical-ppa","status":"publish","type":"page","link":"https:\/\/lightsourcebp.staging.1int.co.uk\/us\/energy-solutions\/physical-ppa\/","title":{"rendered":"Physical PPA"},"content":{"rendered":"
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Physical PPA<\/h1>\n <\/div>\n <\/div>\n <\/div>\n\n
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What is a physical power purchase agreement?<\/h2>\n

A Physical PPA (Power Purchase Agreement) is a contract between an energy buyer and Lightsource bp typically at a fixed rate for physical delivery and allocation of a utility-scale solar plus storage facility\u2019s products. A solar project with a physical PPA is normally located close to the energy buyer\u2019s load.<\/p>\n

In a physical PPA, an energy buyer signs a long-term contract with Lightsource bp who will build, maintain, and operate a renewable energy system either on the customer\u2019s property (on-site) or off-site. Regardless of whether the system is on-site or not, the customer receives the physical delivery of electricity through the grid. The customer agrees to purchase the power at a set price over an agreed upon term, and Lightsource bp assumes the risks associated with owning and operating the system.<\/p>\n\n <\/span>\n <\/div>\n <\/div>\n <\/div>\n\n

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Available products with a physical PPA:<\/strong><\/p>\n