Non-Profit Solar Services
Solutions for houses of prayer, schools, and non-profits looking for solar financing
We have a novel approach that allows us to offer schools, houses of worship, and other non-profits the opportunity to:
- Secure their financial future by owning solar with no money out of pocket
- Begin savings on day one
- Stay cash flow positive for the life of the equipment
- Stabilize their electric bill at lower rates for the next 25 years
- Realize significant cash savings over that period
- Provide for the operation & maintenance of solar equipment
Learn how to leverage solar incentives, even as a non-profit!
Sit back and learn why now is the best time to adopt a solar strategy for your organization!
Solar Power Purchase Agreement
Solar incentives are primarily in the form of tax benefits, and non-profits are unable to take advantage of these incentives as they do not pay taxes.
$0
Out-of-pocket Cost
25%
Average Monthly Savings
25
Normal Term (Years)
Luminous Solar uses Power Purchase Agreements, also called PPA’s, to provide non-profit organizations a way to monetize these tax benefits.
A PPA is an agreement whereby the non-profit agrees to purchase the power generated by the solar system at a discounted rate to what it is paying to the electric company.
Luminous Solar leverages unique PPAs to optimize incentives otherwise unavailable to non-profit organizations!
Instead of buying the solar equipment, the non-profit does not have to make any investment and just buys the power that the solar equipment produces.
Luminous designs its PPA’s as follows:
- No money down
- Initial savings of at least 20% off electric bill, designed to grow more over time
- Typical term of 25 years
- Buy-out option available after six years