Provided the relatively high electricity prices we’ve seen in 2022 and as the forecasts are not indicating prices will return to levels before the Covid pandemic there is reason to believe most businesses will cut costs significantly, both short and long term, with solar PV. Implementing solar PV will also cut CO₂ emissions which will reflect positively on your brand and consequently on your long term competitiveness.

When our technical partner is designing the PV system they will analyze your historic consumption and cost, either by looking at your bills for the past 12 months or by accessing more detailed consumption data from your commercializer (of course with your prior permission).

Solar PV requires a significant upfront investment. Bright Sunday removes this obstacle as we make the investment in the solar PV system and take care of the system so you don’t have to. You pay for the electricity at a flat cost per kWh (a so-called Power Purchase Agreement, PPA) or at a flat cost per quarter or month. For further information on our offering click here.

Instead of investing in your own solar PV system you enter into a long term contract with an investor like Bright Sunday and pay for the electricity from the system. Typically the tenor of a PPA contract is 5-25 years and it can have different terms and conditions. Please check out at our offering and contact us for a discussion on what would suit you best.

No matter if you invest in a solar PV system yourself or buy a service you will cut CO₂ emissions, boost your brand and most likely cut your costs. The fundamental driver for a self-investment is likely the potential to maximize cost cuts. However, there is also the risk the project becomes more complex and costly than expected.

With Bright Sunday Solar as a Service you can focus your time and capital on your core business. We invest in the solar PV panels and maintain them throughout the contract. You get green energy with zero upfront investments and savings from day one.

It is very complex to analyze if a solar PV system performed as expected during a specific period as it depends on the weather for that specific period. To analyze performance you need access to reliable and accurate irradiation data (from satellites or local sensors). In reality this is not possible for most companies and, consequently, they will not know how well the solar PV system performed. Even a downtime of e.g. 5% would impact the financial returns significantly.

If you chose a self-investment you will, for cost and complexity reasons, most likely have to accept a “hope for the best” situation where you will not know if the system performed as expected (i.e. if the investment gave the expected return). The alternative is to play it safe and buy Solar as a Service.

We can provide a draft indicative offer immediately (based on a quick look at the available rooftop, land or car park). To provide a final offer our technical partner should make a site visit to validate the space intended for the installation, discuss your future electricity needs, etc.

Once our technical partner has provided you and Bright Sunday a final and complete technical design we can present the final offer and the contracts. The contract will be signed digitally – it’s easy, fast and robust from a legal perspective.

The price is real term flat, i.e. adjusted annually by inflation (if positive). Having a flat price that is independent from the volatile electricity market gives you valuable predictability and makes budgeting easy.

Over a long period of time we expect inflation In the EU to stay close to the ECB target of 2% per year. The development of electricity market prices is, of course, the million dollar question. Our general hypothesis is that electricity market prices over the coming 20 years will increase 3-5% per year from a “pre-Covid” level. This means we expect your savings to grow year by year.

You have three options:

1. buy the system (typically for €1),
2. return the PV system to Bright Sunday (at your cost) or,
3. extend the contract (if agreed by both parties).