Solar energy is a fantastic investment for non-profit organizations. Solar energy permits non-profit organizations to reduce their electricity bills and allocate more money to their cause. It also improves a non-profit’s environmental impact, reducing its carbon footprint and helping it gain recognition as a financially-responsible, trustworthy organization.
The fundraising efforts and the discounted installation costs allow solar panels for non-profit organizations. Your organization can transition to solar power by informing your board members and employees about its advantages, generating funds to fund an initial investment, and enlisting an experienced solar energy firm to install high-quality solar panels.
SOLAR ENERGY FINANCIAL INCENTIVES FOR NON-PROFITS
Non-profit organizations can take advantage of the following incentives when investing in solar energy.
Tax credit: A property owner who installs a solar power system can qualify for 30 percent in federal tax credits. Non-profit organizations are eligible for this credit as direct-pay reimbursement. TThe Inflation reduction act extended the credit, which means it’s available to companies that start solar panel installations before 2033.
Save energy solar energy systems can allow non-profits to save a significant amount on their energy costs. Solar energy lowers the charge using a cheaper renewable energy source – the sun.
Property value increased: Installing solar panels can increase the property’s value. If a non-profit organization chooses to relocate or relocate, it might be capable of selling the current structure for more money if it has a solar power system.
ADVANTAGES OF SOLAR PANELS FOR NON-PROFITS
Solar panel systems are beneficial for non-profit organizations. By using a solar power system, you can achieve these things:
Increase Funds for Your Cause
Conserving money on energy costs will allow you to help your cause. Set up a solar energy system. You can significantly lower your electric bills and boost the amount you spend helping other people or improving your community.
Improve Your Environmental Impact
Solar energy systems are a great way to preserve natural resources. Investing in solar panel systems reduces your carbon footprint since solar energy is clean and sustainable. Around 25% of greenhouse gas emissions in the world result from producing electricity -or burning fossil fuels. You can cut down on the number of emissions and your company’s carbon footprint by using solar.
Boost Your Support
The investment in solar energy will boost your company’s popularity. People increasingly pay attention to organizations committed to protecting the environment and striving to decrease their carbon footprint. Even if your non-profit organization is not a green organization being a part of sustainability in a small way will help boost your standing. The more positive impact you have on the environment and your local community, the greater your audience will likely support your cause.
HOW MUCH MONEY CAN SOLAR ENERGY HELP AN ORGANIZATION SAVE?
Energy and the amount of money an organization could save when switching to solar is contingent on the power it uses and the kind of solar panels it has installed. A good way to comprehend how beneficial solar energy could be is to examine how it has benefited other organizations. For example, the client we represent, College Park Baptist Church in Greensboro, North Carolina, installed 70 solar panels and anticipates savings of $136,007 over the next 25 years.
DOES YOUR NON-PROFIT ORGANIZATION’S BUILDING HAVE SPACE FOR SOLAR PANELS?
Any company can install solar panels on their property. Solar panels are to be installed on any roofing, provided it’s in good shape. If the roof on your business is outdated or in need of repair, you may repair the top before panel installation or put the panels elsewhere on the property.
Professionals can set up solar panels directly on the ground, allowing you to put the solar system in your home’s yard. An expert can assess your property’s roof and roofing to select the ideal solar panel size, layout, and location.
HOW TO INVEST IN A SOLAR ENERGY SYSTEM
Solar panel systems are top-of-the-line and long-lasting devices that will save you on costs over time, so the ability to manage the initial cost is beneficial. It is possible to implement the below tips to get solar power:
Fundraise
Fundraising is an excellent method to buy a solar energy system. Organize a fundraising event and inform your supporters that you’re requesting more contributions to cut down on your expenses and put most of your future money towards your cause.
Raising money to buy a solar panel is a fantastic method to raise awareness about your company. The idea of hosting a fundraising event or event to cut down on your business’s carbon footprint is a great way to interact with your audience or the community and gain new supporters.
Educate Your Board and Supporters
Informing your supporters will help kick-start fundraising efforts and speed up the process. The presentation of precise information proves that your determination to go solar has been based on research and shows your board members and supporters how an efficient solar panel system can be for the environment.
Make an appointment for a visit on-site and permit experts from the solar panel industry to examine your company’s property. Professional solar energy companies will determine the number of panels required to meet your power requirements and how much solar panels can reduce your energy consumption and allow you to present specific information and benefits.
Your company’s board members and supporters will be more inclined to support the use of solar energy when they are educated about the benefits it could bring. For instance, College Park Baptist Church in Greensboro convinced its members and the congregation to endorse the installation of solar panels by explaining to them that the solar panel could reduce their energy consumption by 84 percent and help the church financially.