Educational & Non-profit Institutions

A growing number of schools, universities and non-profits are deploying solar energy. Many now use solar PV systems to provide electricity for their buildings, benefiting from both a social and environmental perspective as well as a financial one.

For non-profit organizations and institutions, solar energy can be installed for zero upfront costs, while at the same time saving the organization thousands of dollars annually on electric bills.

With solar, educational facilities and non-profit organizations can expect to see many benefits.

Electricity rates are volatile – continuing to go up over time but doing so in an inconsistent manner – making it difficult to budget this line item year over year. With solar energy, a reduced, more stable and predictable electricity rate can be achieved. This is critical for educational institutions and non-profits that need to maintain fixed operational costs.
Solar energy is clean, renewable and abundant. Unlike fossil fuels, solar energy does not generate harmful carbon emissions and other greenhouse gases that are known to contribute to global warming. By deploying solar energy, you significantly reduce your ecological footprint, prevent further environmental damage, and decrease overall dependence on fossil fuels such as oil, coal, and natural gas.
Sustainability is becoming increasingly important to many educational institutions and non-profits. Whether the reasons are financial, driven by a reduced carbon footprint, or purely philosophical, the demand for renewable energy is real and growing. Colleges and universities are in a prime position to become leaders in the renewable energy revolution.

Towns, school and universities, and non-profit organizations are using their green clout to educate the public, students and staff about the benefits of clean energy. A commitment to environmental stewardship also helps organizations attract more environmentally concerned individuals for admissions or membership.

Solar Financing for Institutions

The majority of non-profit institutions, including schools and universities, benefit most through a Solect Power Purchase Agreement or in some cases choose to own the system through a capital purchase.

Interested non-profit institutions can also benefit from Solect’s new partnership with energy consortium PowerOptions, the Small Systems Solar Program. This program brings on-site solar PPAs to small to mid-sized commercial nonprofit solar arrays up to 300kW, allowing eligible institutions to enjoy substantial savings, and avoid lengthy RFP processes with no capital outlay.

Solect will work with your organization during the feasibility assessment to determine which financial solutions are appropriate for your long-term success.