Now businesses can make the move to solar power without the need for upfront capital expense.
Kenjarhy Solar Electricity Supply Agreement
With a solar electricity supply agreement, it is now possible for commercial enterprise and industry to enjoy all the benefits of solar power without the burden of capital costs or risk.
Kenjarhy Solar has developed an ‘electricity supply agreement’ to assist businesses that are interested in switching to solar power but are concerned about the capital investment required.
Based on proven financial models used extensively around the world, electricity supply agreements are simply a contract to buy and sell solar power over an agreed period of time. Kenjarhy Solar’s electricity supply agreement allows companies to purchase power from an indigenous company and thus meet social inclusion targets in a commercial arrangement.
How it works
Kenjarhy Solar’s electricity supply agreement is essentially a financial mechanism allowing our commercial clients to enjoy the benefits of having a renewable power generation system but non of the cost, complexity or maintenance associated with ownership.
Our electricity supply agreement sees Kenjarhy Solar fund, build, own, operate and maintain a solar asset at a business premises. Kenjarhy Solar then sells the solar power generated by the solar system back to the business owner for an agreed period of time at a fixed rate, which is lower than charged by electricity providers.
At the end of the contract period, ownership of the fully operational solar system is transferred to the business without any payout cost, allowing the business to enjoy many more years of solar energy and reduced power costs. You don’t even need to own the premises you trade from to take advantage of the agreement.
What you need to know
The benefits of a Kenjarhy Solar electricity supply agreement for your business are:
- No upfornt capital required
- Social inclusion and Indigenous employment targets achieved
- Immediate cost savings on power thanks to reduced electricity rates
- Insulation against volatile electricity markets
- Ability to view electricity costs as a fixed expense
- Reduced carbon footprint
- Increased business sustainability
- No maintenance costs for the life of the contract term
- Outright ownership of a solar power system at the end of the contract term
- Long term savings on power