MORE WAYS SOLAR PV
SYSTEMS BOOST BUSINESSES
Business owners, stakeholders, investors: if you own the building your business is in or lease the entire building or facility, these turnkey solutions are for you. These assets can help you offset monthly electricity bills and provide passive revenue when you export excess solar energy to the grid. They also help you achieve your Environmental, Social, and Governance (ESG) strategy and Development Sustainability Goals (DSG). This means lower operating costs and, with ESG and DSG compliance, more business opportunities. Win-win.
Benefits at a glance
Generate Additional Revenue
Excess power generated can be sold back to the grid, earning additional passive revenue to offset operational costs. Additionally, passive income earned by selling electricity back to the grid is not taxable.
Lower Building Temperature
Solar roofing absorbs the sun’s heat and radiation, reducing how much heat enters your building and how much air conditioning you need to cool the interior. This benefits your business both economically and environmentally.
Clean Energy Alternative
Union operates and maintains the system to ensure it is in tip-top condition. We maintain the system for as long as it is up and running, and your property enjoys clean energy and savings.
How it works
The terms of a PPA can vary based on several factors. These include the solar developer, the building’s rooftop solar potential, local regulations, and more. Here are some common facts about PPAs.
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We prepare a proposal that best suits your needs, one that considers roof size and type, switchboard size, and overall energy consumption, among other factors.
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We also provide complimentary operation and maintenance or O&M of the PV systems.
FAQs
Yes, the PPA aims to empower a greener and more environmentally friendly economy by providing companies with the means to tap sustainable energy resources. As the business sector consumes more energy than the residential sector, businesses must have access to renewable energy. PPAs do just that.
Entering the PPA is possible through Union. We are ready to help Singapore’s businesses by installing solar panels for free in accordance with the agreement. You may contact us today for more information about the agreement and how you would benefit from this programme.
The PPA is an initiative by the Singapore government in partnership with energy distributors throughout the island. This agreement offers the business sector access to renewable energy through the free installation of solar panels to power daily operations.
A solar lease is a programme wherein a company may lease or rent solar PVs from a distributor to provide the company with renewable energy for daily operations. The solar lease is renewable annually. On the other hand, a PPA is a long-term solution for companies aiming to convert to renewable energy resources to support their operations.
Buying your own solar panels or entering a leasing agreement is convenient only if you have the financial capacity to do so. If you would like to convert to renewable energy but find it financially difficult, you can enter a PPA for a more affordable deal.
PPAs are worth it. The agreement aims to help companies in Singapore achieve their sustainable development goals while lowering the cost of electricity for business operations. Through free solar panel installation, your business can access an energy source that is both environmentally friendly and affordable.
Open up new opportunities with solar.
Learn more about how turnkey solutions can benefit your business.
