Inclusive Prosperity Capital offers a solar power purchase agreement (PPA) – an opportunity for building owners to go solar with no money down, delivering immediate savings on electricity and offering peace of mind in knowing that an experienced third-party owns and operates the solar system to maximize its benefits.
How it works – IPC oversees the development and asset management of a solar system on a building. The owner purchases the electricity generated by the solar system at an agreed-upon rate, often at a significant discount to grid power, through a Power Purchase Agreement (PPA).
Why use a PPA?
> No upfront installation costs
> No new debt to incur
> Lock in low electricity costs and realize predictable energy production
> Positive cash flow in year one
> Preserve capital and credit lines for other investments
> Managed by a third-party solar system owner
> Option to buy the solar system at fair market value
> Third-party solar system owner maintains the system and manages all equipment and warranty issues
Read our solar PPA fact sheet for more information.
IPC provides long term ownership or debt capital to community solar projects that are breaking new ground and making solar accessible to all. Community solar projects often struggle to find reasonable financing terms for projects that serve low- and moderate-income populations. Whether a project is serving the residential sector directly or community-based institutions in underinvested neighborhoods, IPC recognizes that attractive long-term financing is scarce for community solar projects that are breaking new ground with respect to lowering energy burdens for those who need it most IPC is open to underwriting a variety of different approaches that are evolving in this dynamic industry and be creative in how solutions are structured.
To learn more contact us.
Solar + Storage
Inclusive Prosperity Capital has received a $3 million program-related investment (PRI) from The Kresge Foundation to accelerate the deployment of solar + storage for urban resiliency in low-income communities.
To learn more click here.