Paying for Solar 101
There are a variety of ways to finance solar on a home, business, or non-profit.
In the simplest case, you are putting solar on your home, and you take the tax credit. However, you may want to put solar on a non-profit, and wonder if that means you can't take any tax credits. There are ways to still take the tax credits. In fact, because both the tax credit and depreciation can be used, there are several ways to put solar on a business or non-profit that are no net money-out-of-pocket -- basically, the investor allows use of their money for a 5-year period, and after that the investor has their money back, and the organization has solar without spending any money.
The slides below (paying_for_solar_101_slides.pdf) illustrate some of these methods, and the Word document (financing_of_solar.pdf) lays out more detail. The sample PPA and sample LLC available below may be useful in implementing these methods.
| paying_for_solar_101_slides.pdf |
| financing_of_solar.pdf |
| simple_template_ppa.docx |
| template_llc_operating_agreement.docx |
| Presentation Oct 2018 on solar, green roofs |
| Solar Town Hall Oct 30 2018 |
| amundsen_solar_11-19-18.pdf |
A good resource of 11 facts sheets on going renewable and reducing energy use:
https://environmentvirginia.org/energy-101
A great resource on schools doing solar:
https://www.generation180.org/solar-schools
Google drive location with additional presentations
https://environmentvirginia.org/energy-101
A great resource on schools doing solar:
https://www.generation180.org/solar-schools
Google drive location with additional presentations