There has never been a better time to host a solar project. High electricity rates, strong government incentives and a recent reduction of installation costs create a great opportunity to reduce your electricity expenditures while protecting against electricity rate increases over the next 20-25 years.
As part of the Power Purchase Agreement, the host customer makes no capital investment in the project, and is only required to purchase electricity for the project’s duration. The host entity also never worries about upkeep or operational aspects of the installation since it’s all covered by the project company.
New Energy Equity focuses on the successful completion of mid-size to large commercial and small utility scale solar projects, which works well for any organization spending in excess of $150,000 per year in electricity.
In addition to the positive financial impacts of going solar, your organization will benefit from the positive environmental impact of moving towards clean energy and energy independence. Communities perceive solar as a positive reflection of your organizations commitment to environmental sustainability and responsible business management, moving into clean energy is a trend everyone sees as positive.
Host customers gain the following valuable benefits when they move towards solar:
- No initial investment
- No operating costs
- Lower energy rates
- Predictable energy rates
- Positive environmental impact
- Positive community impact