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READING AREA: partner event: PA solar assistance – Solar Financing for non-profits and businesses
January 19, 2017 @ 8:30 AM - 10:30 AMFree
We are sharing this event from RER Energy Group because they have past experience with congregations and other non-profits in PA and in nearby states.
While the description pasted below does not specifically include non-profits, we have confirmation from our friends at Sunvestment (part of RER) that NON-PROFITS and MUNICIPALITIES *are* included.
PA Restarts Support for Solar Projects
PA Commonwealth Finance Authority (CFA) Announces $30 Million in Low Cost Loans for Solar
f you are concerned about any of the following:
- Controlling the cost of energy today
- Higher electric costs as natural gas exports expand
- Finding ways to decrease your company’s tax liability
…You should attend our January 19th seminar. You will learn how the new PA CFA Solar Financing Program can lead to positive cash flow for your business in the first year AND effective electricity costs of less than $0.04 per kWh for the next 30 years.
This Financial Seminar is designed to show your CFO/Controller how to tap into:
- Federal Tax Credit: which currently represents 30% of project costs,
- Accelerated Depreciation: 5 years (50% in the first two years),
- CFA and other Financing Options, including PPA’s (Purchase Power Agreements)
2017 will be a great year to pursue solar, as prices have fallen by nearly 70% over the past five years, and this CFA loan makes it that much more attractive for your bottom line.
NOTE: Only $30MM of PA CFA low interest rate loans are available, and the first applications will be considered as of January 22nd. We anticipate the demand for this financing will be high, and the allocation of funds will run out swiftly. A CFA Program Representative will be available for questions.
Bring your electric bill ! So we can provide advice and projections. Register Now!
If you have any questions please contact us.
We look forward to seeing you at the workshop!