Financing

•Several opportunities for exist for NO COST TO OWNER financing of ASRPV Systems.

•Power Purchase Agreements.

•Zero interest CREBS Bonds for municipal agencies and schools

Power Purchase Agreement Financing

•A PPA is an agreement between Financier and the Building Owner where the Financier builds and owns the energy plant and sells the power to the customer

•In most cases No Cash outlay is needed from client

•Financier Responsibilities:

–Finances the entire system

•Designing of system

•Installation of system

–Owns and operates the system

–Responsible for system maintenance

–Guarantees power performance

–Customer is Billed based on monthly production

•Client’s Responsibilities:

–Commits to buying electricity over a period of 20 years

•No upfront capital costs

•Client only pays for power produced

•Price protection for life of contract

–Buyout Option available after 10 years

Renewable Energy Incentives

There are a number of voluntary guidelines and required laws and regulations which promote and in some cases enforce the use of renewable energy, “Green building” and “Green” roofing design. Many of these requirements are based on both prescriptive and performance based approaches which are closely linked to programs and strategies that provide economic incentives to persuade building owners to adopt energy efficient technologies. There are both State and Federal Renewable Energy Incentives, as well as special incewntives such as LEED and CREBs. To see a comprehensive list of State and Federal Incentives go to www.dsireusa.org