Tax Benefits & Government Incentives

Our PPA’s rate structures pass on savings from available tax incentives and renewable energy incentives to our customers – including government agencies and non-profit organizations – which generally don’t benefit directly from tax incentives because of their non-taxable status.

Insurance

Our PPA underwriter carries insurance for the solar facility provided.  Customers continue to maintain other insurance coverage on their property.  Proper insurance is critical to a viable PPA.  Our PPA coverage on the solar facility ensures optimal operation for the life of the system.

Renewable Energy Certificates or Carbon Credits

Renewable Energy Certificates, also known as RECs, Green tags, Renewable Energy Credits, Tradable Renewable Certificates, or TRCs, are tradable environmental commodities that represent proof that 1 megawatt hour of electricity was generated from an eligible renewable energy resource.  These certificates can be sold and traded.  The owner of the REC can claim to have purchased renewable energy.  While terms vary from one PPA to another, REC credits allocation is to be determined at the inception of the agreement.

Early Buy-Out Option

Our PPA includes an option to buy the solar facility at Fair Market Value after the 7th year of operation through the end of the agreement term.

End of Term Options

At the end of the term, you can renew the agreement for a second term, purchase the system from our PPA underwriter at Fair Market Value or have the system removed without any additional expense to you.