Denver Solar and Wind is proud to offer the chance for government facilities to go green with photovoltaic solar energy without a financial investment. A power purchase arrangement, or PPA, allows an investment group to own, install, operate, and maintain solar hardware and lease the green energy to the government facility at a rate that is lower than that of traditional utility power. This program shows immediate cost savings and energy produced is typically set at a fixed price hedging against future rate increases. The realized savings can be tremendous and there is even a prorated agreement for future purchase of the hardware allowing the facility to own the hardware for pennies on the dollar.
Thanks to advancements in solar hardware mounting structures a configuration is possible for almost any location. It is even now possible for the hardware to be mounted in a way that does not penetrate the roof of a building. This adds peace of mind knowing that there is no way for a system to add to maintenance costs due to roof leaks. Very attractive mounting structures are also available adding to the marketability of a structure, helping to advertise the green energy your facility is producing.
A successful arrangement relies on sound system design, electrical and structural engineering, and professional installation. Denver Solar and Wind is fully capable of helping your tax exempt organization reap the rewards of saving money while saving the planet. We work in tandem with hardware manufacturers, suppliers, investment groups, and legal departments to make going green a simple process without worry.
Does my building qualify?
The answer to that question can get complicated so it's best to schedule a meeting with one of our system design consultants. The most important considerations revolve around your buildings southern sun exposure, and the age of the building itself. An investment group must have maximum output from the solar panels, so a large amount of available solar radiation is must. The term of a PPA is generally from 15 to 25 years, so the building must be expected to remain structurally sound for the duration of the contract.
Should I wait for technology advancements or price drops?
Absolutely not. Investment groups that are interested in PPA's are interested in utility rebates and incentives. Currently Xcel Energy is offering a program that has brought these programs to the Denver area, but once that program is exhausted the investment groups will begin operation in other areas, or even states. It is estimated that the Xcel Energy rebate program will not last to 2011, this is very much a first come first serve offer, and once it's gone there is very little chance that it will return in the foreseeable future.