Pinnacle: Powering Sustainability and Cost Savings
HOW IT WORKS
We facilitate a long-term Power Purchase Agreement (PPA) between public entities (e.g., government agencies, municipalities, or universities) and private developers. The private developer finances and installs solar panels on public facilities, making green energy achievable without upfront costs.
The private developer:
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Owns, operates, and maintains the solar system.
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Covers capital expenditures through private financing, tax equity, or government incentives.
This structure ensures the public entity avoids upfront costs while benefiting from renewable energy.
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The public entity commits to purchasing solar-generated electricity at a fixed or escalating rate over the PPA term (15–25 years).
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The agreed rate is typically lower than the retail electricity rate, resulting in significant cost savings and price stability.
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Private Developer: Gains from tax credits (e.g., Investment Tax Credit - ITC) and depreciation benefits.
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Public Entity: Achieves sustainability goals, cost savings, and relief from system management responsibilities.
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At the end of the PPA term, the public entity can:
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Purchase the solar system at fair market value.
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Extend the PPA.
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Request the removal of the solar equipment.
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Why Choose a P3 Solar PPA?
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Sustainability Goals: Contribute to environmental responsibility with green energy solutions.
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Cost Reduction: Enjoy lower electricity rates and operating expenses.
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Risk Mitigation: Shift ownership and maintenance risks to the private sector.
Our tailored solutions align with your energy and financial objectives, ensuring you maximize value while embracing sustainable practices.
