Third Party Ownership
Est. Annual Savings:
In mid-2015, a synagogue in Fairfield County, Connecticut released an RFP to purchase solar generated electricity under a Power Purchase Agreement (PPA).
rnAfter a competitive bidding process, Solomon Energy was awarded the project by partnering with a reputable construction group and receiving project financing from the Connecticut Green Bank.
rnBy utilizing attractive solar incentives in Connecticut for small-commercial solar systems under 100 kW and by arranging financing through the Connecticut Green Bank, Solomon Energy was able to provide the synagogue with a fixed PPA rate that is 20% below what they currently pay to the local utility.