Non Profits

Non-profit organizations, such as hospitals, churches, and homeowners associations (HOAs), can benefit from power purchase agreements (PPAs) or energy service agreements (ESAs) to maximize their energy savings and promote sustainability. Energy Hedge's platform can assist non-profit organizations in developing a clear and comprehensive RFP that outlines their energy goals and requirements. This can help to attract a competitive and bankable proposal from energy service providers. Energy Hedge also has a fast contractor network that can help to ensure that the non-profit organization is getting a high-quality proposal from a reputable provider.

One of the biggest barriers to renewable energy adoption for non-profit organizations is the inability to take advantage of federal and state tax incentives. Energy Hedge has tax equity providers who can monetize these tax incentives and pass on the savings to non-profit organizations. This can make renewable energy installations more accessible and affordable for non-profit organizations.

Here are some advantages of PPAs and ESAs for non-profit organizations:

Cost Savings: By entering into a PPA or ESA, non-profit organizations can secure a fixed, predictable energy cost over the term of the agreement, reducing their exposure to volatile energy prices. This can result in cost savings over time, which can be reinvested in the organization's mission.

Increased Energy Efficiency: PPAs and ESAs often require the implementation of energy-efficient solutions, such as LED lighting, HVAC upgrades, and renewable energy installations. This can result in increased energy efficiency and reduced energy bills, which can free up resources for the organization's mission.

Positive Environmental Impact: PPAs and ESAs often require the use of renewable energy sources, such as solar or wind power, which can help non-profit organizations reduce their carbon footprint and promote sustainability. This can also help to enhance the organization's reputation and community engagement.

Reduced Maintenance Costs: Under a PPA or ESA, the energy service provider is responsible for the maintenance and upkeep of the energy systems, reducing the burden on non-profit organizations and freeing up resources for other projects.

Improved Budget Planning: PPAs and ESAs can provide budget certainty by locking in energy costs over the term of the agreement, allowing non-profit organizations to plan and budget more effectively.

In conclusion, non-profit organizations such as hospitals, churches, and HOAs can benefit from PPAs and ESAs to maximize their energy savings and promote sustainability. Energy Hedge can support these organizations through the RFP process, by leveraging its fast contractor network, and providing tax equity providers to monetize the tax incentives that non-profits cannot take advantage of. By partnering with Energy Hedge, non-profit organizations can achieve their energy goals, reinvest the cost savings into their mission, and make a positive impact on the environment.