Financing Solar for Non Profits

Solar Technology Developers

Financing Solar for Non Profits

July 8, 2020 General Info News Tools 0

Many times non profit organizations have a hard time raising money for

Non-profit organizations may need help raising money for solar because they cannot use the income tax benefits or depreciation.

  1. Certified investors: We have investors in MN that can use the tax credits, so they buy the project, utilize generous legitimate income tax benefits that will help pay for the project quickly. Then, after a few years of pre-arranged harvesting of revenues/profit, the investors sell or donate the project back to the original owners or other entities and earn additional benefits. Contact someone at Winkelman Solar to get more information – Contact Us
  1. PACE Financing: The St. Paul Port Authority is the entity that handles the Property Assessed Clean Energy financing program in MN, see more here: https://www.sppa.com/portfinancing/minnpace. After you have studied their website, contact someone at Winkelman Solar for more assistance – Contact Us
  1. Traditional Financing: We have banks and other financial organizations that will finance solar based on strictly the energy benefits. Energy benefits include:
    1. Kilowatt (kWh) hours produced each year
    2. Demand charge reductions
    3. Solar Renewable Energy Credits
    4. Public relations value

Contact Winkelman Solar to get more details: Contact Us

For more information – info@winkelmansolar.com