Free Solar Panel To Nnon Profit

Solving the tax credit problem.

Free solar panel to nnon profit.

Funds are disbursed via a 250 million budget provided by the housing recovery act and must be spent within two years of receipt. 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. It gives 26 of the solar installation cost back to the project owner in the form of a tax credit. Solar power is emissions free and the increasing adoption of solar along with other renewable energy technologies decrease the overall emissions that buildings generate over time.

Today the combination of innovative financing falling solar pv panel costs and generous incentives can help solar make sense for many tax exempt institutions. 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. 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. We ve installed solar panels for religious groups clubhouses knights of columbus veteran s groups government facilities and homeowner s associations.

Solar financing for nonprofits. Operating under hud the office of affordable housing preservation works with homeowners in low income areas to fit and provide upkeep for alternative energy sources such as solar panel systems.