Planet Green, Solar Design and Installation
8 Northview Drive, Meredith, NH 03253
SOLAR PANELS for MUNICIPALITIES or NON-PROFITS
The most significant benefit of any nonprofit organization or municipal entity is that they are tax exempt. Therefore when considering a solar array the financial incentives are not as straight forward. Since nonprofits and municipalities don’t pay taxes, tax credits are not an incentive to invest in solar. But in many cases when a nonprofit joins forces with a for profit company the overall cost to the nonprofit can be reduced or eliminated. The two organizations can form a short term partnership and lease agreement through a Power Purchase Agreement (PPA). At the end of the agreement the nonprofit entity purchases the system at a discounted rate or possibly receive the array as a donation.
Contact us for more information on funding a solar project for nonprofits, schools, or municipalities.