Optional Ownership Agreement

Our Optional Ownership Agreement expands the flexibility of our DEP option, by giving you the option to reduce your DEP payments every few years.

OOA is a direct agreement funded by us, with your asset and funding built into the same simple contract as ongoing O&M. So, for the length of your contract, you’ll know our strong balance sheet and experience are supporting you.

We’ll install your energy assets and agree a DEP fixed rate of payment, with ongoing operations and maintenance bundled into the same single monthly fee. You’ll benefit from a p/kWh energy rate – helping you to secure your long-term energy strategy.

You’ll have the option to reduce your rate of payment by investing CAPEX on day one, or to re-assess your investment every few years by activating a buy-out clause, whilst maintaining an all-inclusive O&M contract. Choosing to invest more means that you can reduce your operating expenses, giving you flexibility to adjust your energy investment as your business changes over time. So, whatever the future of your organisation looks like, OOA can help you to adapt your energy strategy in line with your ambitions.

• Up to 15 years contract length
• DEP p/kWh rate of payment
• Funded directly by Centrica
• Option to activate a buy-out clause to take ownership of your assets
• Bundle operations and maintenance into your contract
• Retain control of commodity spend, with the option to procure an additional British Gas supply contract