Sustainability

Onsite and offsite sustainability options make it easy to achieve your ESG goals.

90%

Sustainability is becoming an integral part of business objectives in the US. 90 percent of S&P 500 Index companies publish annual sustainability reports in response to consumer and investor interests.

Why sustainability?

Having sustainability objectives assists businesses in considering the long-term social, environmental, and human impacts of their decisions.

What are your options?

Purchasing Renewable Energy Credits (RECs) as part of your electricity procurement is the most common way our clients go green. More than 50 percent of consumers in the US now have the option of purchasing a green power product directly from their electricity supplier.

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Having a solar array, wind turbine, geothermal energy, or backup generation at your facility brings reliability to your service, reduces carbon emissions, and can greatly lower your energy costs. Many states have tax credits and other incentives for these projects.

Offsite options are great alternatives for larger clients who would like to purchase renewable energy directly, but lack the necessary space for a renewable asset at their facility.

Financing Options for a Renewable Asset

On-Bill Financing

In exchange for an energy supply agreement, a third-party energy supplier funds the project upfront. You repay the cost of the project over time through a line item on your monthly invoice.

CapEx

You can choose to purchase the asset with capital. In this case, you receive all available rebates and incentives and can claim greenhouse gas emission reductions.

Lease-to-Own

You lease the asset from an investor and make scheduled lease payments for a certain time frame. After the lease payments are complete, you can purchase the equipment outright at fair market value.

Power Purchase Agreement (PPA)

A PPA is a contract between you and an energy provider to have the energy from a renewable generation source transmitted directly to your facility. These agreements can span from 10 to 25 years and are typically reserved for large, energy-intensive operations.

Virtual PPA (VPPA)

This is like a PPA; however, the renewable energy is not directly sourced to your facility. Instead, the energy is transmitted to the grid and mixed with energy from other sources. VPPAs are used by companies to buy offsite renewable energy directly while continuing to use energy from the grid.

We partner with companies and contractors that specialize in the design and installation of onsite renewable projects and match you with the right provider for your sustainability needs.