ThermoFisher cut energy costs by 15% without any upfront or ongoing costs via a Power Purchase Agreement.

Custodian Capital, a commercial property asset manager, installed an 830 kW solar system on one of their properties, passing on a 15% reduction in energy costs to their tenant ThermoFisher under a PPA arrangement. An asset manager funds and maintains the installation under an agreement to sell the energy at a reduced rate to the property user.
This installation generates 34% of the site's electricity needs on-site, reducing grid dependence and protecting against energy price volatility.