Mass Megawatts Wind Power Inc (MMMW)

[DeDe3]

Power Purchase Agreement details:



http://www.accesswire.com/408958/Mass-Megawatts-Anticipates-the--Start-of-Construction-on-First-No-Money-Down-Power-Purchase-Agreement-for-Low-Cost-Solar-Tracking-System-in-November

The patent pending, Mass Megawatts 'Solar-Power Tracking System' (STS) is a complete solar-power system designed to automatically adjust the position of its solar panels throughout the day to receive an optimal level of direct sunlight. Unlike other solar tracking technologies, the Mass Megawatts STS utilizes a low-cost structure that adds stability to the overall system while improving energy production levels between 22 to 28 percent..
With a PPA, Mass Megawatts would own the STS at the customer’s home or business location. The company would install and maintain it, at no cost to the customer. The customer would only pay for the electricity that’s actually generated by the system, at a rate that’s below their current electricity rate. In this manner, customers encounter no up-front costs to acquire an STS, while realizing immediate savings from the clean, solar power generated by the STS. In many cases, customers that enter into a PPA with Mass Megawatts can expect to see their electricity costs reduced by over 20%.
Other, modified PPA plans can also be arranged to allow the customer to provide an initial, up-front payment, which would secure a lower rate on the electricity they receive in the future. With energy costs projected to increase, the savings and investment return for a customer will continue to grow throughout the expected lifetime of the unit (30+ years). Customers also have the option to purchase the STS outright after a specified number of years. In addition, other purchasing options are available, including lease programs and direct purchases.


The alternative energy sector is moving forward., I can remember a few years ago these PPA's were not even an option. Very lucrative now in the northeast states.