Tools

Solar Financing Tools

Typically, large solar projects are purchased by investors who have an appetite for income tax credits and tax deductions. The investors range from building owners, banks and tax credit financiers. Here is a short list of ways we finance larger solar projects.

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.
2. 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.

3. 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
4. Owner Financing: The owner of any property planning to use solar can also invest in one of the above processes and receive a return on investment ranging up to 15 percent (IRR) annually

Financing Solar for Non Profits

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
2. 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
3. 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

Accurate Solar Design Tools

The tools we use are among the industry’s top standards:

PV Watts from the Department of Energy’s National Renewable Energy Labs. See here: www.pvwatts.nrel.gov

Helioscope, see here: www.helioscope.com

PV Syst, see here: www.pvsyst.com

Aurora, see here: www.aurorasolar.com

For more information – info@winkelmansolar.com