ReVision Energy was the first company to bring the Power Purchase Agreement (PPA) model to Maine in 2010 and New Hampshire in 2012, and in the period of 2010-2017 we developed over 100 nonprofit and municipal solar projects using a PPA structure.
Solar PPAs are an innovative, IRS-approved structure whereby a host agrees to purchase the electricity generated by a solar array (not the actual solar array itself) financed and built by an investor. The investor takes tax credits and other incentives available for the solar equipment, and sells the power generated by the solar equipment to the host, generally for a rate lower than the local utility.
After an agreed upon term, the host will have the option to purchase the system at a discount, often 30%-40% below the original cost – or they can continue to purchase the power from the investor. Meanwhile, the investor earns a return on their impact investment in the form of federal and state incentives, and electricity payments from the solar host.
Impact Capital Accelerates Energy Transition
ReVision Impact aggregates our highly-qualified, mission-aligned solar hosts and packages solar construction projects as impact investments. The unique win-win is that investors get a competitive return-on-investment, while making a positive impact on the planet, and the hosts receive the benefits of clean energy without upfront cost.
- ReVision Impact identifies nonprofits, schools, and municipalities with viable locations for solar and organizes opportunities into investment funds.
- ReVision Impact identifies qualified investors for each fund, and develops financial framework that offers investors a competitive ROI and savings to the nonprofit hosts.
- Nonprofits accept, ReVision Energy builds the solar projects, and nonprofits start benefiting as soon as their project is turned on.
- Investors earn a competitive rate of return through payments made for solar generation, tax incentives, and other project benefits.