SOLAR EV CHARGING SOLUTIONS FOR BUSINESSES & NON-PROFITS
Solar installers & developers are constantly looking for ways to add value to their commercial & industrial customers. To that end, SCF created a Solar + EV Charging Power Purchase Agreement (PPA) that combines the benefits of a traditional solar PPA with the installation of EV Chargers on site. With EV adoption continuing to skyrocket, EV charging infrastructure can generate revenue and provide added benefits to customers, members, and tenants.
A solar PPA with EV chargers functions similarly to a typical solar PPA. Solar production will first be utilized by the EV chargers. Customers will benefit through a revenue share, and/or discounted charging to its visitors. Solar production not utilized by the EV chargers will go towards offsetting the facilities applicable energy meters, creating savings. All with zero out of pocket expenditure from the organization.
BENEFITS OF SOLAR EV CHARGING STATIONS
The business, school, municipality, country club, or non-profit will simply buy the excess power produced at an agreed-upon price over the term length (typically 15-30 years). Once the initial term is over, the organization might want to purchase the system for Fair Market Value or sign a new PPA.
Running an organization means powering equipment, air conditioners, lights, electronics, refrigeration, and other energy outlets throughout the day. While a commercial solar installation can help offset much of the cost, installing EV chargers can help to further increase net operating income, as well as make for very happy customers, members, tenants and visitors.
Why Choose SCF For EV Charging?
SCF’s proprietary software, the SCF Suite, provides project partners with a means to price solar + evc PPAs faster and more efficiently than ever before. Users can price and underwrite projects within minutes rather than days, manage and underwrite a larger pipeline, and more easily close on small projects and unrated off-takers.
SCF continues to innovate financing solutions that drive immediate and meaningful economic and environmental benefit, solidifying itself as the go-to solar PPA & takeout financier for C&I solar + EVC projects.
Benefits of EV Charging:
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
- PPAs
- EPCAs
- Diligence Checklist
A project checklist and existing file name architecture allow for an easy to use data room and an easy to manage project.