‘Behind the meter’ is a model of a Power Purchase Agreement where an energy provider installs renewable energy equipment on your business’ site. You then pay a predetermined rate of electricity over time.
‘Behind the meter’ is a type of a Power Purchase Agreement (PPA) where an energy provider installs renewable energy equipment on a business’ site. The business pays a pre-determined rate of electricity over time.
Renewable energy equipment is often solar PV systems.
Project size: More than $7500
You do not own the equipment
The energy provider maintains the equipment
Off the balance sheet
How to apply: Currently, only a handful of solar PV installers and energy providers are offering this type of service. Contact your energy provider to see if they can facilitate this service.
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We advise you to always seek advice from your accountant and legal representative when entering into financial agreements.
The Victorian Government offer businesses a discount on energy saving products that are installed by accredited Victorian Energy Upgrade providers. Check which energy saving products are registered for a discount.
Visit the Victorian Energy Saver for a list of simple tips to save energy in your business.
Large businesses looking for a sustainable and renewable energy supply should consider a Corporate Power Purchase Agreement. This agreement gives businesses direct access to energy generated from large-scale solar and wind farms.
The Business Renewables Centre Australia is a not-for-profit initiative that streamlines and accelerates corporate purchasing of large-scale wind and solar energy and storage.
Sustainability Victoria's finance team who can help you through this process.
Correct as at November 2019
Disclaimer: The information provided in this document is general advice only. It does not take into account your particular needs or objectives and does not constitute legal or accounting advice. Accordingly, any comments or statements made are not a recommendation that a particular course of action is suitable for you and you need to seek your own legal, tax and accounting advice in relation to your specific circumstances.