Hybrid Power Purchase Agreement

Installing solar PV lowers your energy bill by reducing your grid load. You can avoid expensive utility rates when the sun is shining by consuming lower-cost, renewable on-site solar energy. Battery storage adds flexibility to your energy consumption via load shifting. Being able to strategically deploy stored energy lowers peak demand charges, unlocks grid incentives, and enables increased participation in demand response programs.

The hPPA combines Enel’s best-in-class storage offering with the design and construction experience of Enel X’s industry leading solar partners, providing an integrated system at no upfront cost to you. The entire project is managed from start to finish by Enel X using advanced machine learning algorithms to maximize bill savings, while also taking advantage of key market incentives and grid service programs such as demand response. Our systems generate lower energy costs for your business today and in the future.

• Low Solar PPA Rate: As an alternative to high-cost utility rates, you pay Enel X a lower flat rate for the energy generated from your solar panels.
• Shared Storage Savings: You and Enel X split the benefits unlocked by the storage system, creating a lower “net effective PPA rate” and aligned incentives to maximize performance.
• Enel X Assumes the Risk: Enel X finances the entire system, so there is no upfront cost to you. You start saving on day one.

 

Project Example (20 Year Term)

 

*Compare with example utility rate of 15¢/kWh

No initial project cost or recurring annual O&M expenses