Subscription agreements are similar to power purchase agreements in commercial projects, the developer sells the clean power created to the customer at a set rate lower than the utilitys rate. As a matter of fact, the project is a lease.
At the end of the term, there is an option to renew the lease, purchase the system at fair market value or remove the system.
Shared ownership forms include facility ownership, a lease agreement or a power purchase agreement, agreement outlines the basic provisions commonly found in power purchase agreements in international private power projects. Also, in contrast, in a power purchase agreement, the end user pays based on the kilowatt-hours generated, so the efficiencies or inefficiencies accrue to the owner, financier.
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