Solar & Wind

Solar Power Systems

The passage of the Stimulus Package was the opening salvo of a new age of renewable energy for America. Environmental, economic and physical challenges to our electric generation and grid have all combined to point the way towards solar and wind power.

Solar power is slated to receive growing financial support from the Federal and state governments. The Stimulus Package contains billions in tax credits and direct subsidies for renewable energy development. In some states, close to 80% of a solar system’s entire cost can be covered by Federal and state subsidies. Both New Jersey and New York have state programs that put both business and home owners in a position to look at a solar system as a paying proposition.

Working with Sustainacorp to ‘Go Solar’ Positions Your Business to:

• Have Your Solar System Designed & Installed by Seasoned Professionals
• Be Secure in the Knowledge Highest Quality Components are Utilized
• Lock in Low Cost Electricity for up to 25 Years
• Take Advantage of Federal & State Subsidies
• Attain Financing the Makes Your System ‘Net Positive’ from Day One
• Reduce Your Carbon Footprint, Help Fight Climate Change

There are a number of options available to both residential and business solar system purchasers to finance the balance of the cost not covered by the government tax credits and rebates. Many of these place the system owner in a position of being ‘net positive’ from day one, meaning that the monthly cost of their loan or lease on the system is covered by their savings on their bill for their ‘utility electricity.’

As time passes, and the cost of grid electricity continues to trend upwards, year after year, this ‘net positive’ position only grows wider for the system owner.

Product advances in solar electricity and utility rules now make generating clean solar power a simple reality. Solar power provides secure and stable electricity to nearly any building. This solution delivers silent and effortless electricity while reducing dependence on grid electricity, which is polluting, and will continue to increase in cost by double digits year after year.

New Jersey consumers are faced with a 13% increase in electricity charges this year, while New York City residents are averaging over 20% increases year after year. With solar power, your cost of electricity from the system is fixed from the first day the system is turned on, and for the next 25 years. The cost of sunlight will never increase!

Wind Power Systems

For many Sustainacorp clients, getting engaged in wind power makes perfect sense. A company does not have to be physically located in an area with commercial grade wind resources to participate in energy management and savings strategies based on wind generated electricity.

As with solar installations, wind farms have extremely generous Federal and state subsidies that can be passed along to electricity purchasers in the form of lower priced, longer term PPA’s (Power Purchase Agreements).

Clients can purchase anywhere from 10% to 50% of their electricity through a wind PPA, and have the surety that they are receiving lower priced ‘clean, green electricity.’

Why is this a good strategy, besides that obvious benefit of securing lower cost, longer term electricity? Over the coming years, environmental legislation that is in place now in the form of the RPS (individual state’s Renewable Portfolio Standards) and the RGGI (Regional Greenhouse Gas Initiative) is going to drive the price of both ‘brown’ (that generated from fossil fuels) and ‘green electricity’ higher, and subsequent legislation seems to be pointed at making ALL electricity supply contain some proportion of ‘green.’

This ‘blended with green’ electricity product will have a higher price attached to it. Think, ‘increased demand on limited supply creates higher pricing.’ Don’t think this is true? It’s is already happening across the country. The future begins today.

Entering into a green PPA provides a company with a long term strategy to save money, be compliant with new environmental regulations—while it is still a low cost item—and know that their wind generated electricity is protecting the environment from rapid climate change.

Finally, for larger companies it actually makes sense for them to look at the option of becoming owners in regional wind farms. With the combination of Federal tax credits, direct grants, state subsidies, rapid depreciation schedules, and the willingness of the wind turbine manufacturers to provide ‘No Technology Risk Financing,’ companies can have ownership in a ‘qualified facility’ wind farm for pennies down on the dollar, and be supplied with below market electricity (or high profits) for up to 20 years.

Simply put, No Technology Risk Financing means that the wind turbine manufacturer finances the wind farm, but guarantees the owners that if for any reason at all the facility does not perform to the represented production level, the owners do not pay the financing on the shortfall. Under this type of agreement, wind farm owners have all of the upside, yet are protected, for the full commissioned run of the facility.

Sustainacorp is not making an offering of any type regarding this strategy, but can and does, introduce companies to regional wind farm developers to have an actual discussion on how this strategy can work for the their company.

CLICK HERE so we can show you how our total energy solution can position your company for years of savings.