Skip to main content
All CollectionsGetting Started with ARKA 360
How to Add Lease and PPA Financing Options in ARKA 360

How to Add Lease and PPA Financing Options in ARKA 360

Hi everyone! In this article, we will understand how to add Lease and PPA financing options for a particular design in ARKA 360.

ARKA 360 Team avatar
Written by ARKA 360 Team
Updated over 4 months ago

Accessing the Pricing and Financing Section

  1. Start on the Design Summary Page.

  2. Scroll down to the Pricing and Financing section.

  3. If you’ve already added pricing for your design, including base prices, adders, discounts, and incentives, you can proceed.


Setting Up the PPA (Power Purchase Agreement)

  1. Go to the Financing Tab.

  2. Here, you’ll see three financing options: Loan, PPA, and Lease. In this video, we will focus on setting up PPA and Lease options.

Setting Up a PPA

  • Select PPA and choose from the preconfigured templates (if available).

  • If you want to create a new template, click Manage Financials.

    • This takes you to Org Settings, where you can create a new PPA template.

  • First, name the PPA.

  • Select the project type this PPA is associated with (e.g., Residential).

  • Add the upfront payment amount.

  • Define the rate for this project and specify the escalation rate over its lifespan.

Viewing the PPA Details

  • Go back to the Design Page and under PPA, you’ll see the new PPA created.

  • View details like:

    • Total system price,

    • PPA rate,

    • PPA escalation,

    • Upfront payment.

  • You can also visualize the annual cash flow graph, showing the average monthly payment based on the system generation.


Setting Up a Lease Option

  1. Similar to setting up a PPA, select Lease as the financing option.

  2. Choose from the preconfigured templates or create your own.

  3. Click Add Lease to create a new lease option.

  4. Specify details such as upfront payment and monthly payment.

Viewing the Lease Details

  • After creating the lease, go back to the Financing Tab and select the lease template you just created.

  • Like the PPA, you can view:

    • System price,

    • Escalation rate,

    • Upfront payment,

    • Annual cash flow graph.


Conclusion

This process helps you set up and understand the Lease and PPA financing options in ARKA 360.

Thanks!

Did this answer your question?