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Property-Assessed Clean Energy (PACE) financing allows commercial property owners to borrow money to pay for renewable energy improvements such as solar electric systems.
The amount borrowed is repaid via a special property tax assessment over time, typically 10-20 years.
Solar electric systems produce clean, reliable power that reduces utility bills, stabilize the grid, and promote home-grown renewable energy.
The major components of the system have a 25-year warranty and IPS Solar expects at least 30-40 years of useful life out of the systems. The result is reduced utility costs and increased profits for your business.
In November 2011, The Edina city council voted to adopt the first PACE program in Minnesota. IPS Solar and its partners were successful in bringing PACE financing to Eagan in the summer of 2013.
IPS Solar is working with its partners and other city councils around the state to adopt PACE financing programs. If you are a commercial property owner and would like to bring PACE to your city, contact IPS Solar today.
Minnesota Solar on Schools Program
IPS Solar has installed solar panel systems on many schools around the state, at NO UPFRONT COST.
Over the next 30 years, these systems will save millions of taxpayer dollars by lowering operational costs for these school districts.
Contact us to find out how solar power can provide educational opportunities AND save money.
Commercial Solar Leasing
Minnesota businesses and non-profits can now install solar panel systems with no cost up front.
IPS Solar and its investors install, own, and operate the system; your company agrees to buy power from the array at a discount to your current power rate.
This program has an annual deadline of February 21st.
Contact us today to learn how solar can be cashflow-positive from day one.
Faith for Solar
IPS Solar helps congregations adopt solar power. Faith organizations are seeing benefits to stewardship while also lowering their utility bills. We can help your organization analyze program eligibility and understand what options make the most sense.
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