Non-profit organizations – schools, museums, churches, houses of worship, and other not-for-profit entities – are big consumers of energy. However, the non-profit status makes the process of going solar complex for many reasons:
– Non-profits cannot directly take advantage of federal tax benefits (i.e., the ITC and accelerated depreciation)
– Most nonprofits operate on a consensus model that prolongs decision making, thereby jeopardizing the temporary availability of rebates or price discounts.
– Non-profits often deal with less predictable budgets that can make long term financial obligations more complicated. Commercial loans may be hard to obtain given that lending institutions are risk avert.