Connecticut: High Electicity Prices and a Robust Renewable Portfolio Standard
Connecticut Offers 100% Financing for Solar & Energy Efficiancy Projects
If you are an industrial, commercial or nonprofit property owner in Connecticut, MSL Group can help you to immediately reduce your electricity costs with no up-front investment. As the costs of solar power have declined substantially in recent years, financing options have expanded. With our private and public capital partners, we offer a wide variety of on and off-balance sheet options to get your solar project funded, cut operating costs and reduce greenhouse gas emmissions.
MSL Group offers turnkey solar project development service, which includes:
- Financing Consultation – we identify the best financing solution and fully proccess.
- Design, Engineer, Permit & Build – we develop the project from start to finish.
- Maintenance – Full maintenance and warranty during the PPA contract period.
Solar Power Purchase AGreement (PPA): If you want to install solar without investing cash or incurring debt, please contact us to discuss whether a power purchase agreement makes sense. With a PPA, you simply sign a solar electricity purchase contract which obligates you to buy clean solar-generated electricity at a discount to your current rate. We target 20% – 30% savings. There is no debt associated with this agreement. MSL Group will install and maintain the system during the contract period.
Who qualifies for a solr PPA? If you are a small or medium-sized business, we have a cost-saving solar solution for you. We develop projects for credit-rated clients (Moody’d Baa3 or higher) as well as sub-investment grade and unrated businesses. Contact us now to see if you qualify for our solar Power Purchase Agreement.
CPACE Financing: CPACE is available to provide 100% financing for energy saving upgrades, at long-term fixed interest rates, for properties in Connecticut. MSL Group can help you determine if this financing option would work for your property. Note that CPACE financing requires a first lien position on the property, so lender consent by the first mortgage holder would be required if your property is financed.
New Solar PPA for Affordable Housing!
MSL Group offers a special Affordable Housing Solar Power Purchase Agreement (PPA) for affordable housing properties in Connecticut. Our PPA product is available for non-profit organizations, religious institutions and affordable housing properties, including: HUD Housing Authorities, HUD 202, USDA 515, LIHTC, Supportive Housing, Shelters + SRO, Condo, Coop and Naturally Affordable. Contact Scott Licamele at Ext. 277 for a consultation.