G.E.T. (Galvanizing Energy Transition) is now accepting applications from nonprofits and businesses to help transition them to solar energy. The pre-screening deadline is March 16. The deadline for applications is March 31.
Selected organizations will receive a preliminary solar assessment, assistance selecting a qualified solar developer and financial savings projections.
Nonprofits in Allegheny, Lawrence, Lebanon, Lehigh, Northampton and Wayne counties and businesses in Allegheny, Erie and Lawrence counties are encouraged to apply.
Nonprofits and businesses in other counties may, but these counties were selected because they have approved C-PACE energy funding approvals.
Why Now?
Tax-exempt organizations can utilize Power Purchase Agreements (PPA) to partner with a financier to take advantage of the 26 percent federal investment tax credit for solar this year before it drops to 22 percent in 2021 and accelerated depreciation, allowing them to enjoy the financial savings from solar in just a few years.
The process to go solar with the best savings is time sensitive, as the federal tax credit for solar projects will continue to decline in January 2021. G.E.T. Solar is assisting non-profit organizations willing to take advantage of this opportunity and to install solar before the end of 2020.
Click Here for all the details. Questions should be directed to: Leo Kowalski at leo@pasolarcenter.org.
(Reprinted from Sustainable Pittsburgh Insider newsletter. Click Here to sign up for your own copy.)
[Posted: February 21, 2020] PA Environment Digest
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