Why Choose A Solar + EV Charging PPA?
Non-profits, including hospitals, recreation centers, community centers, and political organizations, are often burdened by high utility bills and struggle to find cost-effective solutions to integrate solar and EV charging on site. SCF recognizes this challenge and offers solar and EV charging PPAs to help these organizations achieve their sustainability and financial goals.
By investing in a solar and EV charging array, non-profits can significantly reduce their electricity costs and reallocate those savings to community programs. Additionally, non-profits can proudly showcase their commitment to sustainability and attract like-minded members and donors.
SCF’s experienced team ensures a seamless and pain-free solar and EV charging installation process, with $0 upfront costs for installation. Through the PPA, non-profits simply pay for the power produced by the solar and EV charging system, at a low fixed rate over the course of the term. As the price of conventional electricity continues to rise, the cost savings and positive impact on the environment will only increase.
SCF and Non-Profits
SCF specializes in working with non-profits to finance the development, design, procurement & construction of solar and EV charging systems. SCF provides 15+ year term Power Purchase Agreements, locking in the cost of power for a long term. System ownership & maintenance is removed from a non-profit’s responsibility; associated tax benefits are monetized, thereby allowing for a lower cost of energy being passed through to the non-profit.
With SCF, your organization will be working with a company specialized to solve a non-profit organization’s solar and EV charging financing challenges, with the experience to surpass any issues that may arise in the approval or construction process. The addition of EV charging to your organization’s solar system will not only allow for further cost savings, but also support sustainable transportation and further demonstrate your commitment to environmental responsibility.
Benefits of solar for non-profits:
The Boys and Girls Club of San Diego is home to two new solar arrays, totaling 165 kW, financed by Sustainable Capital Finance (SCF). The new arrays are both roof-mounted and carport-mounted and are estimated to offset for more than 80 percent of the school’s energy charges.
“I’m proud we could make it work.” Steve Campbell, Project Manager, was talking about the challenges of financing a small system, as well as the mixed mounting types. “It presented some unique challenges for financing because we needed structural engineering for the roofs and carport, as well as geotechnical investigations and land surveys.” Typically, these costs present a hurdle too difficult to jump for most energy financiers, but streamlined process and reduced project costs has enabled it to take advantage of an untapped portion of the market.
“Dealing with credit underwriting, property law, and title insurance before the system is even constructed requires multi-tooled subject matter experts –which is a testament to the SCF team.”
The SCF Suite
With just 8 project variables, receive indicative pricing in real-time.
- Solve for PPA Rate
- Solve for Build Cost
- Solve for Lease Rates
- Try several iterations
- Identify economic viability instantly
As project parameters are input, documents & agreements can be auto populated, allowing for immediate download & use.
- Sales docs
- Term Sheets
- Diligence Checklist
A project checklist and existing file name architecture allow for an easy to use data room and an easy to manage project.