Today the combination of innovative financing falling solar pv panel costs and generous incentives can help solar make sense for many tax exempt institutions.
Free solar panel to nnon profit.
In the past many religious and non profit institutions have looked into solar only to have their environmental aspirations squashed by the previous high financial costs of solar.
Funds are disbursed via a 250 million budget provided by the housing recovery act and must be spent within two years of receipt.
Solar financing for nonprofits.
It gives 26 of the solar installation cost back to the project owner in the form of a tax credit.
Installing solar photovoltaic panels on your organization s buildings and or land is one of the best investments you can make for yourself and for the planet.
We ve installed solar panels for religious groups clubhouses knights of columbus veteran s groups government facilities and homeowner s associations.
Allseason solar s solar power services and programs provide immediate savings to nonprofit organizations that switch to solar power as well as a hedge against rising energy rates over the long term.
Non profit solar financing and incentives one of the most significant incentives for primary ownership is the solar investment tax credit itc offered by the federal government.
Despite the many benefits to solar energy many nonprofits lack the funding to install a solar panel.
Solving the tax credit problem.