Nonprofits

When you operate a nonprofit organization, adequate cash flow is critical for running your business. Electricity is a significant part of any commercial building’s operating costs, but paying high monthly bills leaves less money to put toward your mission.

That’s why solar energy can be an excellent resource for nonprofit organizations. Turn to TENCO SOLAR for help designing, installing, and maintaining solar panels with competitive financing options.

Schedule an appointment with one of our solar panel financing experts to discover the best financing option for your organization.

Financing

Our team of commercial solar experts can help you explore which financing option is right for your project so that you can take advantage of all the benefits of solar panels as soon as possible.

In addition, even tax-exempt organizations are eligible for the Investment Tax Credit (30% or more, depending on the specifics of your project) through:

• Direct Pay: A refund from the IRS for tax credits on projects placed in service after 2022. Projects that begin construction in 2024 and are 1 MW or above must meet domestic content requirements to receive the full refund.
• Transfer of Credit: Eligible taxpayers who are not eligible for direct payment may sell all or a portion of the tax credits for a given year to an unrelated eligible taxpayer.
  
  

For solar energy services that can guide you through design, installation, financing, and routine maintenance, choose TENCO SOLAR. Our solar panel experts know the right questions to ask and have the tools to lead you to the tax incentives and accelerated depreciation options that will yield the best results for your project.

Contact TENCO SOLAR today at 888-507-6937 to find out how we can help you with the solar project for your nonprofit organization!