This Solar Power Purchase Agreement (PPA) template is designed for use between a solar energy provider and a customer, typically a business or property owner. In this arrangement, the provider installs, owns, and maintains a solar energy system, while the customer agrees to purchase the generated electricity at a predetermined rate over a specified term. This customizable, concise Solar PPA is tailored for multi-tenant properties and features an annual true-up mechanism for precise billing based on actual energy production. Tenants benefit from competitive energy rates, with discounts below local utility prices and a stable flat monthly fee based on estimated output. Additionally, robust safeguards are included to prevent misallocation of energy generation among tenants, alongside clauses that protect the owner's financial investment, ensuring a fair and sustainable energy solution for all parties involved.