Municipal Solar
Whether your town has never considered being powered by solar energy or you have explored it in the past, the time to go solar has never been better. Don't miss your opportunity before solar incentives in Vermont, New Hampshire and Maine are reduced.
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Maximize Your Solar Savings Before Incentives Change
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Solar benefits for your town
A Solar Services Agreement (SSA), also known as a Power Purchase Agreement, allows Municipalities to benefit from federal and state tax incentives that make solar an attractive financial opportunity. In an SSA, a third party owns the arrays (and utilizes the tax incentives) and “sells” the solar power back to the Municipality’s meters at a predetermined discount.
Environmental Equivalents & Financial Benefits
14,000,000 lbs of CO2 Offset
160,000 Trees Planted
$511,000 Saved
Why Act Now?
In Vermont, for example, the innovative policies and incentives the state has put in place to encourage the growth of more renewable energy have already helped many towns see significant savings in their energy bills by going solar. By law, the monetary incentives that drive the net metering program in Vermont must be reviewed and adjusted accordingly every two years starting in 2018. As a result, it is likely that the highly favorable regulations that we have in place today will be adjusted by the Public Utilities Commission by July 2018. The good news is that there is still time for Vermont businesses to act at the beginning of this year to help your town maximize today’s available monetary incentives.
Why Choose a Solar Services Agreement for Your Municipality?
- No upfront capital costs
- Immediate electric bill reduction
- Stable long-term energy rates
- No utility rate hikes
- Free long-term maintenance
- Property tax payments to municipality by array owners
A Municipal Solar Case Study
Here is a real-world example from a Vermont Municipality
Municipality A, Green Mountain Power territory, Solar Services Agreement (SSA) finance method.
- System Size contracted: 480kW DC
- Capital Invested by Municipality: $0.00
- Estimated Savings first 10 years: $158,200.00
- Estimated Savings over 25 years: $511,000.00
- CO2 Reductions: 14,000,000 lbs. of CO2 (equal to 160,000 trees)
- Taxpayer Money Spent: $0.00
- Taxpayer Money Saved: $511,000.00
Our Latest Municipal Solar Projects
Why Choose Norwich Solar?
Norwich Solar is a Vermont-based company whose mission is to help all cities and towns reap the benefits of clean, renewable solar energy and to help us achieve the state’s greenhouse gas emissions goals of 90% renewables by 2050. To reach this mark, each village and town in Vermont, New Hampshire and Maine, must collectively do its part. We’d love to help your municipality find it’s own suitable solution and make your transition to renewable energy as easy as we have for others.
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