Steady stream of IncomePPAs (Power Purchase Agreement) are usually for 20+ years and offer a steady return on investment and a steady stream of income. Solar can also offer a hedge against rising electricity prices.
Reduced Dependence on Fossil Fuels.Solar energy production does not require fossil fuels and is therefore less dependent on this limited and expensive natural resource. Although there is variability in the amount and timing of sunlight over the day, season and year, a properly sized and configured system can be designed to be highly reliable while providing long-term, fixed price electricity supply.
Environmental Advantages.Solar power production generates electricity with a limited impact on the environment as compared to other forms of electricity production.
Matching Peak Time Output with Peak Time Demand. Solar energy can effectively supplement electricity supply from an electricity transmission grid, such as when electricity demand peaks in the summer
Modularity and Scalability. As the size and generating capacity of a solar system are a function of the number of solar modules installed, applications of solar technology are readily scalable and versatile.