DELIVERING VALUE
For Customers
encap development customers benefit in several ways by contracting for power and energy services through a long term power purchase agreement, or PPA:
For Investors
encap development investors benefit from owning projects contracted under long term PPAs:
encap development customers benefit in several ways by contracting for power and energy services through a long term power purchase agreement, or PPA:
- conservation of capital: customer does not pay for the project; only its output
- risk management: the asset owners - encap development and investor partners, not the customer- take on the risks associated with project construction, completion, commissioning, as well as system and technology performance and even the expense and burden of maintenance
- cost factors: customer initially pays less for power with rate certainty for the duration of the PPA
- leveraging the expertise of others: encap manages the energy system over the entire project term and continuously measures the environmental attributes
- PPAs free encap customers to focus on their core businesses, not the utility business
For Investors
encap development investors benefit from owning projects contracted under long term PPAs:
- projects yield appropriate, risk-adjusted returns
- dependable, predictable, long-term income
- reliable payment stream from creditworthy customers
- opportunity to monetize tax incentives