The Social Housing Power Purchase Agreement typically spans five to 20 years, offering numerous advantages for both housing providers and tenants. By securing renewable energy at an agreed price, housing providers can effectively manage and decarbonize their electricity consumption. This agreement helps establish predictable energy costs, providing tenants with financial relief from fluctuating fuel and heating bills. Moreover, it contributes to a greener environment by promoting the use of renewable energy sources.

Before implementing a Social Housing Power Purchase Agreement, it’s essential to assess several key factors regarding the suitability of the property for solar panel installation:

  • Roof Size and Strength: A roof that is strong and adequately sized can support solar panel installations.
  • Roof Incline: Ideally, roofs angled between 30 and 45 degrees are most efficient for solar energy generation.
  • Accessibility: The ease of access for installation and maintenance is crucial.
  • Property Orientation: The direction in which the roof faces significantly affects the efficiency of the solar PV system.
  • Energy Capacity: Ensuring there is sufficient energy capacity available is vital for the system’s effectiveness.

Additionally, housing providers may undergo background checks to determine eligibility for benefits related to the scheme.

While Social Housing Power Purchase Agreements provide substantial benefits, there are inherent risks associated with long-term utility contracts based on fixed unit costs. A significant decrease in on-grid energy prices could extend the payback period for installation and setup costs. However, while external market forces are beyond control, The Green Way Solar can help mitigate risks by using industry-standard calculations to provide accurate electricity forecasts, ensuring informed decision-making throughout the contract.

Social Housing PPAs are designed specifically for social housing providers or landlords. By entering into an agreement with a specialist energy developer, providers can facilitate the installation of solar systems at minimal upfront costs. This arrangement allows the renewable energy provider to cover installation costs, leasing the airspace above the roof for the duration of the contract.

To learn more about Social Housing Power Purchase Agreements or to schedule a survey, contact The Green Way Solar today. We are here to support your transition to affordable, renewable energy solutions for your tenants.

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