Flexible financing, compare options and find the best outcome for your business
Smart finance, for flexibility and certainty in turbulent times
At Planet Ark Power we understand that investing in a solar system is a financial decision with long term benefits.
Our flexible finance solutions enable investment in renewable energy solutions and help increase the competitiveness of your business. Smart financing solutions provide you flexibility and certainty in these demanding and ever-changing times. Planet Ark Power works with its clients and provide access to a wide range and different types of finance options.
Capex expenditures often induce future benefits. The Capex model is beneficial for those businesses that are debt free or cashed up and wish to enjoy GST input, depreciation or instant write off benefits. Under the Capex model the business is the outright owner of the system and enjoys a lower levelized cost of electricity, helping to reduce their future operating costs.
Under the Opex model Planet Ark Power owns and operates the solar system during the term of the agreement. The business owner makes a monthly payment whose cost is offset by the cost savings generated by the solar system. At the conclusion of the term, the ownership of the solar system is transferred to the business owner. Opex is a preferred model for companies that do not want to invest in non-core operations, also in times of liquidity issues, capital constraints and market slowdown.
Power Purchase Agreement
A Power Purchase Agreement (PPA) is a financial agreement where Planet Ark Power arranges for the design, permitting, financing and installation of the solar energy system, on the customer’s property at little or no cost. Planet Ark Power is responsible for the operation and maintenance of the solar system and sells the power generated to the host customer at a rate lower than the local electricity retailer. The term of the Power Purchase Agreement is typically 7 years or more, after which the customer may elect to extend the agreement or choose to purchase the solar energy system outright at any time. The benefits of a Power Purchase Agreement to the business owner are no upfront capital costs, they benefit from cost savings once the system becomes operational, no ongoing operating and maintenance costs.