A nonprofit set up by Good Power Options.
Good Power Options is worked up to announce a brand new partnership with Brightwell Capital, a collaboration designed to speed up the adoption of fresh power for nonprofits, church buildings and authorities organizations. This initiative opens the door for mission-driven teams to scale back working prices, enhance power resilience and shrink their carbon footprint, all whereas giving traders the prospect to earn returns that align with their values.
Many organizations that serve the general public, whether or not feeding households, educating college students or offering very important companies, are excited by going photo voltaic, however face vital monetary boundaries. With out entry to the identical tax incentives as for-profit companies, many have discovered photo voltaic to be out of attain.
By means of this new partnership, Good Power Options brings the engineering and set up experience, whereas Brightwell Capital offers financing options that leverage tax credit, incentives and inventive funding buildings. The result’s a pathway for these organizations to entry solar energy with out giant upfront prices.
The mannequin works as follows:
- Buyers fund certified photo voltaic and power storage tasks for nonprofits, church buildings and public sector organizations. They earn returns by tax incentives and long-term mission revenues, whereas additionally producing measurable environmental and social affect.
- Organizations obtain speedy power financial savings, decreased reliance on the grid and safety in opposition to rising utility charges.
By structuring tasks this fashion, Good Power Options and Brightwell Capital make it attainable for organizations that don’t pay taxes to nonetheless profit from the worth of tax credit, successfully channeling federal incentives into native communities.
“This partnership with Brightwell Capital is about greater than constructing photo voltaic tasks. It’s about eradicating boundaries for organizations which might be doing the arduous work of serving our communities,” mentioned Kevin Good, proprietor of Good Power Options. “By combining our experience in clear power with Brightwell’s progressive financing, we’re enabling nonprofits, church buildings and public companies to entry the financial savings and resilience that photo voltaic offers, whereas giving affect traders a significant method to put their capital to work.”
For neighborhood organizations, decrease power prices imply extra funds obtainable to serve their mission. For traders, it’s a possibility to take part within the clear power transition whereas realizing their capital helps colleges, shelters, congregations and public companies thrive.
Information merchandise from Good Power Options
