Non-profit organizations may also be interested in installing solar panels to provide Non-Profit Solar Energy in Texas and help in the betterment of the community. Thompson & Son Energy believes that it is essential to work towards making the local community energy-efficient. Thus it is always ready to lend a helping hand to non-profit organizations.
How non-profits can pay for solar energy usage?
The non-profits can own the solar panel themselves and pay for the cost by taking advantage of Federal and State incentives etc. Another viable option that any non-profit solar power company in Texas will offer to the non-profits is that to give the ownership of the solar panel to a third party. The organization will simply have to pay for the electricity produced monthly to the third party.
It is generally through community-owned PPAs that non-profits try to acquire solar energy and also get a chance to purchase incentivized solar energy. This is a win-win situation for the community and the non-profits. The community gets to earn from its investment and the non-profits get affordable solar energy.
Certain things to consider by non-profits
Non-profits are exempted from taxes i.e. the 30% of Federal Tax Incentive does not apply to these organizations. Therefore the smart move on the part of the non-profit is to approach non-profit solar companies in Texas who will be able to utilize the tax incentives and help save money.
Members of the non-profit organizations should eagerly help raise funds for the solar panels. Once the non-profit solar panel installation in Texas takes place, the returns will be highly beneficial.
Non-profits are created with the aim of encouraging community participation. By opting for solar panels, the non-profits will provide an opportunity to the members to engage in fundraising activities, allow them to give inputs regarding the design and other such things.
Get in Touch
Thompson & Son Energy has always supported many non-profits which have shown the enthusiasm to go solar and has guided the organizations in making an informed decision. Call us now to get a customized quotation as per your requirement and space available.