Owned Onsite Systems

Owned, onsite renewable energy assets are those developed or purchased by a company who is also responsible for operation and maintenance (O&M) of the system. Owned, onsite systems provide retailers with the ability to offset onsite grid electricity consumption, potentially reduce Scope 2 carbon emissions, and provide a long-term hedge and/or savings opportunity against future grid prices. Companies with a surplus of capital may see value in this structure, as it has the potential to provide the highest return on investment when comparied to other onsite development options, such as onsite Power Purchase Agreement (PPA) or leasing, where benefits are shared with a third party in exchange for external financing and system maintenance.