Solar Financing at MassAmerican Energy
MAE can work with you to finance your project that will best suit your situation and be the most cost effective option for the return on your investment. We have a range of custom options and have trusted relationships with lenders we stand behind that are there to assist our clients with the right decision for their business.
Options for Non Profits
MassAmerican Energy specializes in a tax lease for the Non Profit sector. Through working with a third party leasing company, Non Profits are able to keep the SRECS. Without this special leasing option, Non Profits would only benefit from federal incentives and rebates and not be able to keep the certificates generated by using renewable energy. These certificates allow for an additional substantial income.
How Does the Tax Lease Work?
Why move forward with a tax lease?
If you can not take advantage of the tax benefits this is great option. MAE brings in a leasing company that owns the equipment, benefits from the tax incentives, and passes those monetary benefits to the lessee.
Established non profit
Owns or has a long term lease to the building
Strong institutional support
A facility with over 20,000 sq ft of roof space
The MassAmerican Energy Solar PPA (power purchase agreement) is an agreement under which a client buys solar electricity at a low, fixed rate for a term ranging from 10-20 years. We design, install, and own a solar energy system at their site and manage and maintain it for the life of the agreement.
Freeze electricity rates: Replace rising, variable energy costs with fixed-rate solar electricity and add thousands or more to your bottom line.
Lower recurring costs: Offset all or a just a portion of your daily electricity usage.
Reap tax benefits: Monetize federal, state, and local incentives + Renewable Energy Credits.
Financing innovation: Lock in electricity costs below market rates with no upfront investment.
A solar PPA is the most cost-effective solar project financing method typically available. Instead of purchasing a solar power system, your organization pays only for the power it uses from it - at a fixed rate below the utility price and shielded from increases. A solar PPA cuts operating costs immediately and presents the opportunity to establish your brand as an environmentally conscious one, opening the door to solar incentives and new marketing opportunities leveraging your environmental commitment. And it all happens with no assumption of risk and no upfront investment on your part.
This turnkey energy solution includes seamless implementation and ongoing solar warranty and management services. MassAmerican Energy operates, protects, and services the system to keep it running smoothly so you can pursue business as usual - with a new, lower electricity rate and smaller carbon footprint.