Stabilize and Reduce Operating Expenses
When you go solar, you lock in utility rates on day one. This leads to fixed electricity costs and lowered operating expenses so you can focus more on your core mission.
Solar for non-profits, local governments, public and private universities, K-12 schools, hospitals, and religious entities supports your community’s preference for clean energy while saving on operating expenses. These savings can then be used for your core mission.
When you go solar, you lock in utility rates on day one. This leads to fixed electricity costs and lowered operating expenses so you can focus more on your core mission.
This Inflation Reduction Act (IRA) provision makes the 30% federal tax credit available to non-taxable entities so you can receive the 30% in the form of a cash payment.
Namaste Solar can help achieve solar for non-profits with public and private funding options unique to non-profits. Plus, take advantage with no money out of pocket.
In a warming world, doing the right thing has never been more important. Your decision to go solar contributes to the fight against climate change.
Part of how we measure success is our impact on our community. As a local company, an employee-owned cooperative, and a Certified B Corp, we’re using business as a force for good.
Women’s Bean Project’s solar array and electric vehicle charging station will offset 120% of the building’s electrical usage, significantly reducing operating expenses and enabling the organization to further invest in its mission of supporting women’s empowerment through employment. Over the 25+ lifespan of the system, Women’s Bean Project is projected to save $300,775 in operating expenses, funding over 15,000 hours of comprehensive programs that equip women with job and life skills. This program utilized funding through the City of Denver Grant Program.
To see what solar for your non-profit or public sector organization might look like, contact one of our non-commissioned solar developers today.
You can go solar by tapping into one of the unique financing opportunities available to you if you’re a non-profit, religious entity, municipality, or other organization in the public sector. These options make solar for non-profits and public sector organizations viable, allowing you to save money on your electric bills, generate rebates, and drive environmental responsibility. Read about four of the financing options available below, but know that there are additional, local incentives for non-profits.
To find out which financing option is best for your organization and facility, contact one of our non-commissioned solar developers today.
Namaste Solar has partnered with a team of mission-driven investors who are investing in solar for non-profits. These investors will finance the system up front for a specified term, after which time, they donate the system to your organization. For your non-profit, you get the benefit of taking control of your energy now, saving a significant amount of money over the 20-30 year life of the system, and a donated and well maintained solar system for your organization. All with no money out of your pocket.
This option is great if you want to go solar with no money down and pass on the maintenance responsibilities to a different party. With power purchase agreements (PPAs), a third-party financier pays for, owns, and maintains your system for a specified term, typically 25-years. You, as the non-profit or public sector entity, host the system at your location, and you pay the third-party financier or system owner an agreed upon price per kWh for the term. Because your PPA rate can be less than your cost of energy with the utility, you get the benefit of reduced operating expenses.
Denver’s Office of Climate Action, Sustainability, and Resiliency (CASR)’s Renewables and Resilience Program has an annual pool of money they allocate to non-profits located in the city of Denver for solar, storage, and EV charging stations. To receive funds, non-profits submit an application including information on your non-profit status and bid information that’s provided by Namaste Solar. They also award additional money to non-profits who work with PV installers who pay for their electrician’s training, which is something we do at Namaste Solar. Namaste Solar completed a solar installation for Women’s Bean Project using this program.
This program works well in conjunction with grants and elective pay. It bridges the gap by offering short term loans that help non-profits and the public sector pay for any remaining system costs while you await grant funding or elective pay.
With over 20 years of experience in Colorado, we’ve designed and installed 13,500+ solar energy systems, totaling more than 200 megawatts. And we’ve been trusted by some of the biggest names on the Front Range to build state-of-the-art system. View our commercial project portfolio to see the full range of our solar expertise, and view our awards page to see why we are consistently ranked as a top solar company in Colorado.
Most buildings and locations can host solar – whether it’s a rooftop, ground mount, carport, or combination system. Our 20 years in business give us the expertise and experience to assess site viability quickly. And since we’re non-commissioned, we’ll be the first to tell you if your site isn’t a good fit for solar. To get a clear idea of your site’s viability, contact our non-commissioned sales and design experts today.
We have access to several funding programs, many of which allow you to go solar with no money out of your own pocket. Clean energy isn’t reserved for for-profit organizations; solar for non-profits and public sector organizations is achievable! To learn which financing option is best for your circumstances, contact our non-commissioned sales and design experts today.
Yes! Namaste Solar will handle every aspect of your project in-house. We provide a turnkey solar system and remove as many barriers as possible on your path to clean energy. We’ll always be transparent and supportive of your decision-making process by providing honest expertise and straightforward advice. Contact our no-pressure sales team to get an idea of what the process looks like.
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Call us anytime at 303.447.0300
Call us anytime at 303.447.0300