05 Sep '17, 4pm

The Nonprofit Solar Conundrum - Here are 3 options

The Nonprofit Solar Conundrum - Here are 3 options

The U.S. nonprofit sector is filled with entities that occupy, and often, own commercial buildings, with ideal roof and parking space for solar power. With the U.S. government phasing out cash grants, while extending tax credits for renewable energy projects, it is unlikely that many of these buildings will ever see a solar system on their roof, or in their parking lot. Given that the current federal investment tax credit (ITC) for renewable energy equates to 30 percent of the total eligible cost of a solar PV system, this is a substantial incentive that nonprofits cannot take advantage of since they don’t pay federal income tax. The typical system suitable for the vast majority of these buildings ranges between 50 kW and 500 kW, with a small percentage needing systems larger than 1 MW. To demonstrate the magnitude of this problem, here are some numbers that show just how ...

Full article: http://www.renewableenergyworld.com/ugc/articles/2017/09/...

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Compared To Fossil Fuels

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solarindustrymag.com 05 Sep '17, 6pm

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#renewableenergy #costofenergy

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