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  2. Board Of Aldermen - Minutes - 8/6/2019 - P54

Board Of Aldermen - Minutes - 8/6/2019 - P54

By dnadmin on Sun, 11/06/2022 - 22:37
Document Date
Tue, 08/06/2019 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Tue, 08/06/2019 - 00:00
Page Number
54
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__080620…

Solar PPA Structure

ReVision Impact Investor City of Nashua

> Provide capital and form solar LLC > License roof/ground space for solar
> Build, own, operate array 5+ years 4
» Recoup investment through:

* Federal tax credit, depreciation

.> Purchase solar electricity produced on
site at below-market rates
"> Purchase solar array in year 6 or later

¢ Energy payments from nonprofit (optional) at significant discount
« REC sales, rebates (if applicable) _» Maximize electricity cost savings by
> Pass on savings by selling array to - owning and operating solar array for
nonprofit in year 6 or later (optional) ~ full 40+ year lifespan
Finance Partner(s) Special Purpose LLC Host Municipality
¢ Tax Investor b& + Build solar project 4 « Lease space for solar
¢ Major Donor al ¢ Own, operate for 6+ yrs. =» ¢ Buy solar power
¢ ReVision Energy ¢ Sell power to host org. ¢ Option to buy array

(Q) REVISION ENERGY

Page Image
Board Of Aldermen - Minutes - 8/6/2019 - P54

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