Free Solar Panel To Nnon Profit

Sidwell friends school in washington d c.

Free solar panel to nnon profit.

To fund the 200 000 project cost members of sidwell friends community were invited to purchase solar bonds in increments of 5 000 on which they earned interest for 10 years. And even though your non profit can t take advantage of the tax benefits from solar your donors may be able to through a standard charitable deduction or the 26 federal tax credit if a lease or ppa can be set up. Fortunately a new solution may make non profits a viable solar business opportunity. Solar energy is an investment one that will pay your organization back over the years with free electricity.

Our annual solar jobs census tracks the dramatic growth in solar jobs over the past ten years. Installing solar photovoltaic panels on your organization s buildings and or land is one of the best investments you can make for yourself and for the planet. Solar financing for nonprofits. This rebate is capped at a maximum of 75 000.

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. Since non profits are tax exempt and cannot avail the tax savings with this duke rebate we can provide solar panels for nonprofits at a much more affordable price. Not only will more solar be installed but local economies will flourish through increased employment opportunities and an influx of extra spending cash from utility bill savings. 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.

Not an enticing word for solar about 1 5 million charitable entities operate in the us per the national center for charitable statistics. Despite the many benefits to solar energy many nonprofits lack the funding to install a solar panel. Funds are disbursed via a 250 million budget provided by the housing recovery act and must be spent within two years of receipt. Teamed up with common cents solar of chevy chase to install 120 solar panels on its gym roof.

The data in this annual jobs report helps drive policy change at all levels of government. Solar is better energy for your organization power your non profit organization with clean sustainable solar power and free your budget from rising energy costs. The duke solar rebate will pay out 75 cents per installed watt of inverter capacity to all non profit entities. Solving the tax credit problem.

One nonprofit thinks it has a solution. Solar installers are not inclined to work with them because of their inability to deliver funded solutions.