An energy contract establishes the relationship for this new market. They are often called Power Purchase Agreements - and in Georgia a Solar Energy Procurement Agreement. With this contract, Cherry Street Energy installs solar panels on-site and customers buy the energy produced from the panels at rates lower than the utilities.
Monthly, based on consumption.
Monthly contracts may provide for annual increases.
Cherry Street Capital and its subsidiaries own the system.
Professional-grade monitoring with web access at no cost to the customer.
Cherry Street Energy is responsible for all insurance, operations, and maintenance costs. Including inverter replacement.
Provide access to property for design, installation, operations, maintenance, and inspection of the system.
Maintain insurance for damage to the building.
Maintain a consistent level of shading throughout the initial term.