Infinite Energy Appointed to Panel of Solar PPA Providers for NSW Government Buildings
Infinite Energy has been selected by the NSW Office of Environment and Heritage to be part of a pre-qualified panel of solar PPA providers.
Infinite Energy’s managing director, Aidan Jenkins, said with over 10,000 home, business and government installations to their name; Infinite Energy is equipped to deliver solar solutions that meet the requirements for this wide variety of government buildings.
“We can deliver on our commitment to making the process as simple as possible. We’re incredibly proud to be one of only a small handful of companies who were selected to offer solar PPAs to local and state government organisations.”
The NSW Office of Environment and Heritage, in collaboration with Local Government Procurement NSW have indicated that Solar Power Purchase Agreements is a preferred option for agencies because all service components are bundled together, mitigating risks to agencies and makes it simple to access.
A Solar Power Purchase Agreement (PPA) relieves the need for an organisation to provide any upfront capital in accessing the benefits of solar power. Infinite Energy takes on full ownership and maintenance of the solar system for the life of the agreement so the customer simply purchases the energy generated by the system, often at a rate that is much cheaper than their current daytime electricity rate. At the end of the PPA term, the customer has the option to take on ownership of the solar system and from then on, the energy generated by the solar system is free.
The NSW Government’s Office of Environment and Heritage (OEH) has previously undertaken assessments of its electricity contracts which suggest in excess of 1500 state Government sites (including Department of Education sites) may be suitable for solar PPA’s.
Total potential for installation identified through this survey process is in excess of 10 MW. Eligible Local Government sites have not been identified however Local Government Customers are also eligible to access the pre-qualified panel.
The newly formed panel is an initiative by the NSW Government.