A nonprofit set up by Good Vitality Options.
Good Vitality Options is worked up to announce a brand new partnership with Brightwell Capital, a collaboration designed to speed up the adoption of fresh vitality for nonprofits, church buildings and authorities organizations. This initiative opens the door for mission-driven teams to cut back working prices, enhance vitality resilience and shrink their carbon footprint, all whereas giving traders the possibility 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 important companies, are concerned about going photo voltaic, however face vital monetary limitations. With out entry to the identical tax incentives as for-profit companies, many have discovered photo voltaic to be out of attain.
By way of this new partnership, Good Vitality Options brings the engineering and set up experience, whereas Brightwell Capital gives financing options that leverage tax credit, incentives and artistic funding constructions. The result’s a pathway for these organizations to entry solar energy with out massive upfront prices.
The mannequin works as follows:
- Buyers fund certified photo voltaic and vitality storage initiatives for nonprofits, church buildings and public sector organizations. They earn returns via tax incentives and long-term mission revenues, whereas additionally producing measurable environmental and social influence.
- Organizations obtain instant vitality financial savings, diminished reliance on the grid and safety towards rising utility charges.
By structuring initiatives this manner, Good Vitality Options and Brightwell Capital make it doable 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 initiatives. It’s about eradicating limitations for organizations which are doing the laborious work of serving our communities,” stated Kevin Good, proprietor of Good Vitality Options. “By combining our experience in clear vitality with Brightwell’s revolutionary financing, we’re enabling nonprofits, church buildings and public businesses to entry the financial savings and resilience that photo voltaic gives, whereas giving influence traders a significant method to put their capital to work.”
For group organizations, decrease vitality prices imply extra funds accessible to serve their mission. For traders, it’s a possibility to take part within the clear vitality transition whereas realizing their capital helps colleges, shelters, congregations and public companies thrive.
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