Written by: Leonard Parker | Solar News | 02nd June
LFP battery manufacturer Blue Planet Energy is now offering California business owners zero-money-down financing for solar + storage microgrids. The microgrids, using the company’s Blue Ion LX battery solution, can be set up to thwart the burden of California’s many public safety power shutoff events by utilities.
“For too long, California’s business owners have borne the burden of power outages beyond their control – disruptions that erode revenues and deny communities access to critical goods and services when they’re needed most,” said Chris Johnson, CEO of Blue Planet Energy. “Our unique financing offering democratizes the immediate and long-term benefits of solar + storage microgrids. We allow essential businesses to operate on their own terms and to benefit from ongoing clean energy savings.”
With this hybrid power purchase agreement (hPPA) financing model, Blue Planet Energy eliminates the upfront cost barrier to solar + storage microgrid adoption. Business owners pay only for electricity usage generated by a new solar array and a fixed rate for the added benefits and services delivered by the battery storage system. All operations and maintenance is covered for the lifetime of the agreement.