Financing & Development

The recent passing of energy bills and economic recovery bills such as ARRA provide additional financial opportunity in renewable energy. The changes include 1) extending the federal ITC for commercial and residential solar for 8 additional years, 2) a 30% tax credit with no cap for commercial and residential as well as a grant option in lieu of a tax credit, 3) allowing utilities to take the 30% tax credit, 4) removal of AMT restrictions for solar projects, and 5) accelerated depreciation for commercial solar systems.

Although renewable energy projects can satisfy an organization's desire to be green and represents a positive return on investment, the process for maximizing an organization’s investment requires experience in the areas of rebates, depreciation, tax investments and carbon credits to name a few. Entero understands these opportunities and helps organizations evaluate and take advantage of them.

However, it is often the case that an organization cannot effectively utilize potential benefits such as depreciation. Or, no matter how positive the return on investment, an organization may not in a position to make an upfront investment or manage an asset over time. In these cases, Entero can step in to offer creative ownership and asset management structures. This scenario means Entero, or an investor lead entity, effectively owns the energy assets (a solar array, wind turbine, lighting equipment as an example) and the customer simply pays a monthly fee. The organization still derives the benefits of positive public image and secure, long-term energy pricing.

For additional information, contact us.