If you’re an independent generator who produces more energy than you use, the opportunity is there to sell your excess power back to the grid as a source of revenue. But first, you’ll need a supplier to do it.
This is where a Power Purchase Agreement (PPA) comes in. A PPA is a supply contract where you agree to sell your excess power to a third-party buyer, often at a fixed price and for a set period.
A good PPA will be easy to understand, reflect up-to-date market prices and set out clear payment terms. It should be fully transparent with no hidden costs.
There’s lots to know when it comes to choosing a PPA, so why not download Drax’s handy guide to find out more.