Why Choose A Solar PPA?
Educational institutions such as school districts and universities often struggle to find financing options for a solar array, due to the lack of tax breaks for non-profit entities, and the massive upfront cost when purchasing a system outright.
With a Power Purchase Agreement (PPA), schools & universities can reap the economic and environmental benefits from solar installations, with no upfront cost. Whether the institution is public or private, non-denominational or religiously affiliated, so long as the necessary roof, parking or field space is available, solar potential exists.
Solar systems can provide the savings, shade, and clean efficient power necessary to catapult an educational institution to the top of the class for years to come. Savings for a school or school district are very meaningful for the community: “We hired another teacher, gained additional educational resources for the students and built covered parking!”.
Solar systems also provide an excellent learning opportunity and set a great example for students. Often, schools will provide an interactive display showing the solar production and calculating the impact for carbon offset. This allows students of all ages to realize the benefits of solar for the school and community.
SCF and Schools
While many solar financing institutions struggle to include schools and universities in their portfolio, SCF specializes in working with schools in order to navigate the document approval & project development process. Having funded solar arrays for large school districts throughout California and Arizona, we’ve seen it all and know how to get a school or university solar project approved and built regardless of any challenges with the Utility or City. An efficient, reliable, cost-effective solar project is the result.
Benefits of solar for schools & universities:
St. James Academy of Solana Beach now boasts a new 116 kW system covering their rooftops and trellis. With savings of over 20% on day 1, the school will now reduce their energy costs, utility bill to SDG&E, and help the environment.
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.