Cost Effective, Clean Energy Systems & Solutions For Illinois Municipalities, Governments, and Schools
Powering schools, libraries, and municipal office buildings requires a lot of energy. For many local governments, energy expenditures are the second largest budget item.
By generating your own electricity from the sun, local municipalities and schools can greatly cut into their monthly operating costs. When this occurs, then these savings can be applied elsewhere within your budget!
Although other energy options exist, such as wind or carbon credits, solar is the clear winner because of the ease of installation, long-lasting equipment, and lack of moving parts makes. Building a solar array sends a powerful message to constituents and voters that their municipality is actively investing in the future.
A T.E.L.P. is a Tax Exempt Lease Purchase where the local governments are the lessor. Because the lessor does not pay federal tax on lease payments, it can offer lower financing rates to the government.
Some of the advantages of T.E.L.P. include:
Want to learn more about how a T.E.L.P. works? Contact us below to talk to an expert.
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