ON-SITE SOLAR & BEHIND-THE-METER
With an Ecogy Power-Purchase Agreement (PPA), we pay the full upfront and all ongoing costs of the system. You simply pay for the power the system produces at a discount to your current rate.
This is an attractive offer for large commercial businesses as it allows you to get heavily discounted power while we take on the development, financing, and asset management of the commercial solar system.
We cover all costs, operations, maintenance, insurance, administration and taxes - while your business enjoys significant energy savings from Day 1.
Best Suitable for: Corporate Entities, Large Energy Consumers
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CREATE STABILITY
Locking-in a solar PPA creates a hedge against volatile energy prices and inflation, providing financial predictability in an ever-changing world.
Electricity prices are rising all over the country. States like Massachusetts, Pennsylvania, New Jersey, New York, and Connecticut are seeing rate hikes of up to 25%.
FREQUENTLY ASKED QUESTIONS
Who has Ecogy worked with in the past and how long have you been around?
Ecogy was founded as a developer, financier and owner-operator of distributed generation resources in 2011 with our first project for Longwood Gardens, the nation's largest botanical garden. Since then, we have found our niche specializing in financing distributed generation assets for traditionally underserved entities including affordable housing, non-profits and municipalities. Our current portfolio comprises over 35 systems across 12 states, D.C. and the U.S. Caribbean. Our most recent projects were for Ocean State Job Lot, Thermofisher Scientific, and the American Red Cross.
Am I able to host a community solar system and also subscribe to it to save on my energy bills?
Absolutely. In this case, hosts of community solar systems will receive the guaranteed lease payment in addition to energy savings on their electric bills. Moreover, Ecogy will provide a comprehensive marketing and PR campaign including drone videography and a Flip the Switch celebration ceremony.
What happens if I decide to sell the building?
If you were to decide to sell the building at a future point, the lease agreement could simply be transferred and assigned over to the new owner similar to any other lease arrangement. Additionally, having this lease agreement in place actually makes your property more attractive to potential buyers as there is already an income-opportunity established through the revenue-generating system.
How does Ecogy offer no-cost solar?
Ecogy is unique in that we have internal capital to develop, finance, and own & operate these projects. Rather than sell you on a very expensive solar system, we want to pay you to host one of our own - all on our dime. We believe it's a better option for us to own and operate these systems due to our veteran team of asset/energy managers and software architects, our experience managing a portfolio of a variety of projects, and to make your life easy!
How will the system impact my roof?
Any damage we cause we are liable for. When feasible, we use ballasted, non-penetrating racking solutions for flat-roofs and non-penetrating clamp racking for standing seam roofs. These systems are simply weighed down by concrete blocks avoiding any penetrations to your roof - minimizing any risk.