Government & Municipal
Federal, state and local agencies are leading the charge in US solar adoption, taking advantage of a combination of factors that make them a strong fit for solar power:
- Large owners of real estate
- Unique holdings that include otherwise unusable land such as landfills, brownfields, water and wastewater treatment facilities, etc.
- Long term planning horizon
- Commitment to environmental goals / mandates
- Ideally suited to public-private partnership. As non-profit entities, government and municipal agencies cannot take direct advantage of federal tax subsidies available to owners of solar equipment. However, by “hosting” a system through a lease or Power Purchase Agreement, the advantages of solar are unlocked as a for-profit developer utilizes the tax attributes and reward the client through lease payments or discounted power prices.
Over the last decade, education has emerged as one of the strongest customer bases for solar development. Public and private K-12, higher education, community and technical colleges across the country have “gone solar”. Why?
- Commitment to reducing energy costs
- Commitment to reducing carbon footprint
- Opportunity to educate and inform the school and local community
- Ability to attract positive attention to fiscal and environmental stewardship efforts
- Ideally suited to public-private partnership. As non-profit entities, educational institutions and school districts cannot take direct advantage of federal tax subsidies available to owners of solar equipment. However, by “hosting” a system through a Power Purchase Agreement, the advantages of solar – no capital outlay, discounted power prices, reduced carbon footprint, a steady energy budget for 15- 20 years – are unlocked as a for-profit developer utilizes the tax attributes and assumes responsibility for system ownership.
Businesses embrace solar in order to conduct operations in an innovative, cost effective, and environmentally responsible manner. The business case for solar is a strong one when one considers the interwoven benefits that accompany a solar project: immediate reduction in energy bills, a hedge against rising energy prices and volatility in the marketplace, the opportunity to capture federal and state incentives, positive public relations, and a highly visible, credible way to meet the goals that accompany a corporate social responsibility plan. The list of “name” brands that have gone solar is too lengthy to list here; sample names include Google, Bloomberg, Ford Motor Company, Target, Wal-Mart, Anheuser-Busch, Johnson & Johnson, Procter & Gamble, Whole Foods, DuPont, Walgreens, JC Penney, US Foods, and many more.
With a management team that includes extensive corporate experience in a number of business sectors, HelioSage understands the drivers of a sound business decision – and works diligently to determine when solar fits the bill.
Electric utilities in the United States support what is arguably the greatest engineering feat in the history of mankind: the electric grid. The primary responsibility of a utility is to safely and reliably deliver American citizens and businesses with affordable electricity, the fuel of an economic engine. Increasingly, generating and delivering electricity in a manner that lessens environmental impact has become an added responsibility.
As utilities conduct their long range resource planning, the inclusion of solar energy is being driven by a variety of factors, including the impacts of an aging grid infrastructure and state and federal mandates to meet greenhouse gas emission reduction targets. Furthermore, solar PV is becoming an increasingly cost competitive source of generation, as well as a financially viable way to address grid congestion concerns.
The HelioSage management team has been developing utility scale projects for over a decade. Our understanding of what drives a sound business case for utilities makes HelioSage a preferred partner for those companies interested in efficiently and profitably adding clean energy to their investment and generation portfolio.
Solar markets in the US are created on a state-by-state basis. Ultimately, when a state legislature decides to match existing federal support for solar, a solar marketplace can arrive virtually overnight – and with it the opportunity for property owners to generate revenue by hosting a solar array.
For owners with at least 20 acres of unused, cleared and relatively flat land, HelioSage may be interested in arranging a lease. Under a Site Lease Agreement, HelioSage compensates landowners in exchange for the option to site a solar array for a term of 15-25 years. During this term, the power produced is sold back to the grid. Landowners have no project responsibilities other than granting access to the property for occasional maintenance throughout the course of lease term.