Last Updated: June 15th, 2021 at 9:09 am
Read Time: 2 Minutes
When nonprofits install solar panels, they could potentially save big on energy costs over time. Since nonprofits are made in the public’s best interest, any way to cut costs can pay off big in the long run. In addition, nonprofits are eligible for grants and donations that can potentially create more ways to finance solar panels. Read this blog to learn more about nonprofit solar incentives.
Solar panel funding options for nonprofits
Solar Energy Grants
Solar energy grants can help nonprofits go solar by paying for some or all of the installation costs for solar panels. Nonprofits can combine multiple grants to finance the panels and potentially not pay a dime.
You can search grant databases for solar grants for nonprofits to find any applicable grants for your organization’s mission. Also, you can check government websites and resources to see if there are any federally funded grants. Don’t forget to check local organizations as well! It’s possible that they will be willing to finance solar panels for charities relating to their outreach initiatives.
Since nonprofits can avoid paying federal income taxes, fundraisers are an excellent way to finance solar panels. Nonprofit organizations can use several fundraising tactics to raise money for the panels, ranging from dinners to charity concerts and more. Hosting a fundraiser is also a chance for the nonprofit to raise awareness for its mission.
Choose POWERHOME SOLAR solar panels for your nonprofit
POWERHOME SOLAR has experience in working with nonprofits to install solar panels that start the process of potentially saving on their electric bills. In September 2020, we installed solar panels at Pewabic Pottery in Detroit, Michigan. Pewabic is a landmark in the city with 100-plus years of history and commitment to the local art community.
Pewabic Pottery paid for the solar panels through both a Michigan Council for Arts and Cultural Affairs grant and the generosity of over 100 donors.
We worked closely with the executive leadership team to outline the project goals and preserve the historic building. The leadership team wanted the solar panels to blend with Pewabic’s Tudor-style aesthetic, and since our solar panels are designed with a minimalist aesthetic, they worked well with Pewabic’s historic look.
This could be your nonprofit’s story! At POWERHOME SOLAR, we value giving back to our community. We were excited to take on this project for Pewabic, and we hope that we can continue to work with more nonprofits to help them reach their energy goals.
Contact us today to see how we could potentially help you offset annual electricity costs.