solar sky
Value Proposition - Sol Ventus

Solar Power “Partnership” Solution

Sol Ventus Partners, LLC, (SVP), an Independent Power Producer (IPP), will partner with you to save you money, and allow you the benefit of solar energy utilization without the associated high cost. Here is how:

  • SVP will own and operate a photovoltaic (PV) solar power system — a solar array — on your land or rooftop, and will bear all the risks and costs of construction, ownership and maintenance.
  • We sell to you, the host customer, electricity generated under a long-term, contract called a Power Purchase Agreement (PPA) at costs the same or less than what your local utility charges you for its power.
  • Immediate savings are provided to you by a separate lease (Site Lease Agreement or SLA) for the land or rooftop space, making your net cost of electricity from the PV solar power system 15-18% less expensive than power from your local utility.

As a new IPP, we focus our efforts on the non-profit and governmental sectors, where complex U.S. tax incentives associated with economical ownership of assets such as solar power systems are of no value. SVP provides the solar power system, keeping the tax benefits for itself; creating for you, the host, the opportunity to obtain the reduced cost of electricity and benefits of energy conservation.

The Benefits of Working with Sol Ventus

  • No upfront capital required
  • No risks related to maintenance, operation, loss of power or liability
  • Potential for significant cost savings over time
  • Energy conservation and support of renewable and sustainable energy
  • Favorable perceptions, within and beyond the host organization, related to “green” participation
  • Finally, your organization can “do more, for more, with more.”

How You Save Money

  • You agree, under the PPA contract, to buy all of the electricity that our solar power system can provide.
  • SVP contracts to save you a minimum of 15 - 18% of your current and future cost of electricity.
    • Site Lease Agreement (SLA) pays you 15% to lease your land or rooftop.
    • Level pricing model increases your monthly savings as local utility rates rise.
    • Reduced “demand charge” from your local utility for future electricity costs.
  • Savings are certain and immediate to you, paid through a bank treasury function (lockbox).
  • Financing at very attractive rates may be available, if you wish to purchase the solar power system.

Background on Our Offer

The combination of a Power Purchase Agreement and a Site Lease Agreement is not new. The concept originated in the mid 90’s and grew in response to high electricity costs, particularly on our nation’s east and west coasts. It is an established mechanism, offering the many benefits of solar power production to those not wanting to own the PV system.

The arrangement was slower to take hold in the mid-west due to the region’s relatively inexpensive power which made Power Purchase/Shared Lease Agreements uncompetitive.

Then in 2009, stimulus‐driven increases in tax incentives were implemented, enabling participants to further offset the initial costs of PV solar system installation. Since “affordability” of a solar system is a function of reduced taxes and/or grants, non-taxpaying entities are, in effect, left out. Sol Ventus Partners welcomes you in and connects you with the financial savings and goodwill that solar power offers others. By sharing in a “solar power partnership,” you receive savings and the benefits of energy conservation. You, we and our investors are net winners in today’s economy. Because these “partnerships” represent a good, stable investment opportunity, major investment houses such as Goldman Sachs, JP Morgan and Wells Fargo, as well as others, provide financing for these projects.

Keys to a Successful Project

  1. Willing site host for the system. Whether rooftop or ground‐mounted system, you as the host must be a strong champion for the completion of the project.
  2. Credit‐worthy host. In addition to good credit quality, you as the host need to have a long‐term outlook, as well as the ability and willingness to enter into a long‐term (20 years or longer) PPA.
  3. The right IPP for the project. Sol Ventus, along with its business, technical and financial team, (not only understand but also) guide the project, conduct due diligence, oversee construction and implement careful ownership practices to ensure your project is maintained at the highest possible market standards, and able to deliver the maximum value to your organization.