Power Purchase Agreement (PPA)
You’re Already Paying for Power. Make It Resilient.
Energy is already a major operating expense. You plan for it, budget for it, and depend on it every day. But what you are buying from the grid is not certainty.
- Prices can rise without warning
- The grid can fail
- Capacity can limit your growth
So the question is not whether you are paying for power. You already are.
The question is whether that power is working for you, or exposing you to risk.
With a microgrid structured through a Power Purchase Agreement (PPA), you do not need to fund new infrastructure upfront. Faraday designs, builds, and operates the system, and you simply purchase the energy it produces.
That means you are not adding a new cost.
You are replacing an existing one with reliable, controlled energy while hedging against future power cost increases.
Before making that decision, you need to know what is actually possible for your facility.
What Is a Power Purchase Agreement (PPA)?
A Power Purchase Agreement (PPA) is a way to build and use a microgrid without taking on the upfront capital cost.
Instead of buying and owning the energy infrastructure yourself, Faraday designs, builds, and operates the system for you.
You simply purchase the power it produces.
How It Works
Faraday installs and manages the microgrid at your facility
The system generates reliable, on-site energy
You purchase that energy at an agreed-upon rate over time
Why Organizations Choose a PPA
It sounds like most organizations assume a project like this requires a large capital investment.
That is often not the case.
With a PPA, you can:
- Avoid upfront capital expenditures
- Lock in predictable energy pricing
- Hedge against rising utility costs
- Improve resilience without disrupting your balance sheet
What This Means for You
Instead of relying entirely on the utility, you gain access to:
- Controlled, on-site energy
- Greater protection from outages
- More stability in long-term energy costs
All without needing to fund the infrastructure yourself.
Where It Fits
A PPA is often identified during the Microgrid Feasibility Study as the most practical path forward.
It allows you to move from uncertainty to action, without taking on unnecessary financial risk.