Financing Options for Energy Storage and Solar + Storage

Storage Only

Benefit Share: You and Enel X share the energy savings generated from the storage system based on a pre-determined split.

• Benefits: You and Enel X are aligned in your interests and incentives, and your savings directly correspond to the battery’s performance
• Units: $/month (% split with Enel X)

Direct Purchase: You buy the system outright with upfront, on-hand cash, and can choose to pay Enel X for ongoing O&M.

• Benefits: You own the system, so there are no ongoing payments to cover the cost of the equipment
• Units: $$$

Fixed Rate: You pay fixed payments to Enel X.

• Benefits: You know exactly what your payments will be each month, regardless of battery performance
• Units: $/month (fixed)

Solar+Storage

Power Purchase Agreement (PPA): You pay Enel X a single payment rate based on energy generation from the solar panels and the overall benefit of the solar + storage system.

• Benefits: You have a simple payment structure that covers your entire system
• Units: $/kWh (single rate)

Hybrid Power Purchase Agreement (hPPA): You pay Enel X a lower payment rate just for the solar power generated from your panels, combined with a benefit share structure with Enel X.

• Benefits: You can carve out the payment structure based on the performance of each asset, and our incentives are aligned under a benefit-share model
• Units: $/kWh Solar + $/month (%) Storage

Direct Purchase: (Same as for Storage Only)

Fixed Rate: (Same as for Storage Only)