WASHINGTON, D.C. IS HOME TO ONE OF THE COUNTRY'S
MOST AMBITIOUS RENEWABLE ENERGY GOALS.
Pledging to use 50% renewable energy by 2032, the nation's capital has set a challenging goal that has created a highly incentivized marketplace for solar energy.
Power Production Management is working to accomplish this ambitious goal.
Two Ways To Benefit
- No upfront costs
- Pay only for the energy you use. Some projects receive the energy for free
- We are responsible for all operations, maintenance, warranties, and insurance
- No upfront costs
- Major savings from day one
- Turn-key solution. You provide the roof, we provide everything else
- May not save as much money over 30 years as if you owned the system yourself
- Nonprofit and government organizations
- Businesses that want to avoid upfront and longterm costs of ownership.
- Upfront cash purchase or finance
- Pay nothing for the energy produced
- Purchase an operations & maintenance plan from us or a solar firm of your choice
- Purchase your own extended warranties and insurance
- Potential to save more money over 30 years
- Payback period of 5-10 years
- Large upfront investment
- Responsible for all aspects of the system
- For profit businesses that have the capital or capacity to finance the project and longterm vision to potentially generate more savings over 30 years.
What Are The Incentives?
On July 25, 2016, Washington, D.C. adopted a Renewable Portfolio Standard that provides Solar Renewable Energy Credits (SREC) to system owners based on the system's energy generation. Owners can monetize SREC's with a broker or through open marketplaces like traditional securities.
SREC's, combined with federal income tax credits and asset depreciation, that the system owner receives, help make solar energy cheaper than traditional energy sources.
Because government and 501(c)(3) nonprofit organizations are exempt from federal income tax credits, they cannot benefit from one of the major ownership incentives and should instead consider having a solar firm like Power Production Management own the system and pass the savings of the federal tax credit on to the nonprofit organization in the form of largely discounted energy rates.
How Does It Work?
Step 1: Analysis
We'll use satellite imagery to measure the usable space on your roof and conduct shade analysis.
Step 2: Proposal
You'll receive written documentation detailing the value of solar energy at your location and the cost, if any, of the energy your system would produce.
Step 3: LOI & Finalization
A signed LOI means you're happy with the proposal and agree to move forward with the project. We'll conduct final engineering and ensure there's no surprises before install.
Step 4: Install & Activate
Installations are quiet and most don't require drilling. Workers won't enter your building until the final day when the system is interconnected. We'll handle activation with your utility.
Want To Learn More?
1440 G St. NW
Washington, D.C., 20005