THE BENEFITS OF SOLAR
BETTER FOR YOUR BANK ACCOUNT, THE ENVIRONMENT AND THE FUTURE
A Solar Electric System from Norwich Solar Technologies is a Win-Win-Win investment. There are many benefits of solar…it’s good for the environment, sources your power locally and saves you money now and in the future!
One of the many benefits of moving to Solar Electricity from Norwich Solar Technologies is exceptional financial savings! We offer solutions to reduce and stabilize energy costs over the short and long-term This makes energy predictable and manageable by hedging against ever-rising utility costs.
Whether you’re a for-profit business, a non-profit organization, a farm, an educational institution or municipality, we are a valuable partner. Deciding to invest in a solar electric system is a smart and simple decision. Norwich Solar Technologies offers options for every type of commercial system and our team of professionals will assist you in determining what the best approach is for your unique circumstances.
STRUCTURED FINANCE OPTIONS AND SERVICES
- Norwich Solar Technologies has developed a suite of financing options and services intended to simplify and expedite the acquisition and funding of your Solar project.
- Third Party ownership: Requires no capital investment and provides immediate savings through a Power Purchase Agreement (PPA) or Solar Services Agreement (SSA).
- Direct Ownership of the Solar System and Assets
- Debt or Bond Financing
- Management of Solar Renewable Energy Credits (SRECs)
- Facilitation of State and Federal Tax Credits
- Provide detailed financial analysis
Solar Photovoltaics (PV) directly reduces demand for fossil fuels and therefore reduces the associated pollutants. Nearly all manmade global warming and air pollution emissions which include, nitrous oxide [NOx], sulfur oxide [SO2], carbon monoxide [CO] and particulates are the direct result of fossil fuel energy usage, whether for electricity or transportation.
Solar is a nearly limitless source of clean electricity without emitting a single toxin or pollutant during operation. A 250 kW (kilowatt) system offsets nearly 4,000 tons of Carbon Dioxide [CO2] over a 30-year production life.
Worldwide energy consumption is approximately 18 TW (Terawatt: a unit of power equal to one trillion (1012) watts per year. At any given time 86,000TW of the suns energy reaches the earth. This means that covering 4% of the world’s deserts with solar would produce all the world’s annual demand for electricity.
Norwich Solar Technologies is the preferred partner to educational institutions of all levels. We have developed structured finance solutions to reduce and stabilize the school’s energy costs without capital investment, while simultaneously adding an invaluable educational opportunity to their curriculum.