Energy resources with no capital investment
Tangent’s customers buy clean energy, not assets
At first, Tangent’s offer to provide on-site energy assets like solar arrays or clean, gas fired generation at zero capital cost to our customers sounds too good to be true – but it is!
Just like retail energy customers don’t buy the power plants that generate the energy they currently use, Tangent’s customers don’t buy the clean generation assets that replace a portion of that energy. It’s the same idea, but on a much smaller scale.
How can we afford to do this? Tangent and our investment partners retain ownership of the clean generation assets and sell the energy we generate to customers through a long-term Power Purchase Agreement (PPA). These assets replace a significant portion of the energy that customers purchase at retail. Typically, the PPA price is set at a discount to the customer’s utility bill in year one of the relationship, then remains fixed for the term of the agreement. When combined with our intelligent energy efficiency platform, this approach provides a significant win-win for all stakeholders:
C&I Energy Customers
- No capital investment
- A price hedge against energy inflation
- Remote monitoring and dispatch
- All operations and management at no cost
- Lower prices for retail energy
Project Investment Partners
- Dependable energy assets vetted by leading engineering firms
- Included monitoring operations & management
- Predictable annual annuity
- Credit-worthy energy off-take agreements
Utilities & Power Pools
- Relief on overloaded transmission & distribution lines
- Less demand during peak period needs
- Support for clean energy standards
To learn more about how Tangent can provide on-site energy assets at no cost, contact us.