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The “One Big Beautiful Bill” (OB3) and subsequent executive order rapidly phase out solar tax benefits and add new restrictions for nonprofits who want to go solar.
We’ve been keeping you updated on these developments with articles and webinars that chart a path forward to help your nonprofit go solar — if you act now. We urge nonprofits to act as quickly as possible, while the Investment Tax Credit (ITC) for solar projects is still in place.
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Now, there is more reason than ever to save on your electricity bills with solar.
Rising electricity costsYou may have noticed that your nonprofit’s electricity bill has been going up.
Across the nation, power prices have been skyrocketing. In August, residential electricity prices were up more than 6% compared to the same month last year. While inflation is partly to blame, it doesn’t tell the whole story. Some states — like California, Connecticut, Maryland, Massachusetts, New York, Pennsylvania, and West Virginia — have been hit harder than others, with retail electricity prices rising significantly faster than inflation. In California, prices have gone up 34% since 2019.
What’s behind the rise in electricity costs?
You’ve likely been hearing that data centers and AI are adding to electricity demand, and that’s an important part of the story. As demand increases and supply can’t keep up, that does drive up prices.
But there’s much more to the price increases than data centers. Increases are driven by a number of factors that vary from state to state.
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| Read More Here |
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In Case You Missed it Last Month!If you’re thinking about getting solar for your nonprofit, you’re not alone! Many nonprofit organizations across the nation are going solar, and for good reason. Solar not only lowers your carbon footprint, supporting the environment — it can also lower your nonprofit’s electricity bills, allowing you to focus precious financial resources on your mission.
But the process of going solar may seem daunting.
That’s why we’ve created a comprehensive 62-page solar guide to give you the information you need, every step of the way.
At CollectiveSun, we’ve helped hundreds of nonprofits across the country go solar. We can help you before, during, and after your solar is installed — helping you determine whether solar makes sense for your organization, explaining the available financing options and incentives, and even managing the project for you, if you pick a financing option that includes that service.
Now, the support we provide nonprofits includes our new 62-page guide, with information to support you wherever you are in your solar journey. The guide includes:
Solar basics Financing solar for your nonprofit Preparing your nonprofit for solar What to do after you go solar And more things you need to know As a subscriber to our newsletter, you can download the 62-page guide for free below. Let us know if you have any questions or comments — we’re always here to help.
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| Download the Guide Here! |
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Know A Nonprofit?
If your favorite nonprofit organization is exploring going solar and their mission is to provide programs & services that support communities of concern benefitting:
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CollectiveSun is here to help you with your solar financing.
| Interest Rates Start at 4.99% | | Rates Are Based On Community Impact, Not Just Credit Score | | One Simple Payment | Term Length Up To 10 Years | | Payment Holiday Durning Construction of System | No Prepayment Penality |
Our goal is for you to end up with a solar system that reduces your carbon footprint and is a $0 down investment with a positive cash flow from day one, so it has an immediate impact on your bottom line. That’s what we want most for the organizations that are the backbone of our communities — financial and environmental sustainability that allows you to concentrate on your mission and reach your sustainability goals. |
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If you’d like to learn more, schedule a meeting with Nicole here. |
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Navigating the world of solar financing can be daunting, but it doesn’t have to be. Our team of seasoned experts has been focused on delivering solar financing solutions for nonprofit and tax-exempt organizations across the country for over a decade. In just the last few years, we’ve proudly facilitated solar projects for over 200 nonprofits spanning 25 states. |
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At CollectiveSun, we understand that every nonprofit is unique, and that’s why we offer a diverse range of financing options. Whether you’re considering a loan like our CollectiveSun Solar Loan designed to support your purchase of a solar system while allowing you to benefit directly from the Direct Pay Tax Rebate; exploring third-party ownership options like our CollectiveSun Solar Power Agreement (SPA); or seeking a hybrid funding model like our CollectiveSun Prepaid Solar Power Agreement (Prepaid SPA), we have the perfect solution to match your solar financing needs.
For those looking to dive deeper into how Direct Pay can benefit you, we’re excited to offer a free comprehensive course series on HeatSpring. This series covers not only Direct Pay but also the additional ITC bonus adders, providing you with all the information you need for when your filing is due.
📚 Enroll in the free courses here: CollectiveSun HeatSpring Direct Pay & More Course Series
You’ll discover how these incentives can make solar energy even more accessible and cost-effective for your nonprofit organization. Together, let’s harness the power of the sun to fuel your mission and create a brighter, more sustainable future for all.
Let’s connect and start the conversation!
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Solar Is Still Going Strong Despite recent policy developments in the U.S., renewable energy, including solar, is booming — with the country on track to add record amounts of renewables and batteries through 2027. For two years now, solar has provided more generating capacity than any other power source, beating wind and hydro. Across the globe, the story is the same: between 2025 and 2030, the world is expected to nearly double the amount of renewables deployed compared to the previous five-year period, with solar leading the way.
Solar Recycling Is Trying to Keep Pace with Solar With so much solar being deployed, the U.S. may reach 10 million retired panels per year before 2030. Solar panel recyclers have big plans for them, making recycling a viable and more attractive alternative to sending panels to landfills. Globally, panel recycling is gaining momentum and experiencing transformative growth, aided by technology advances.
Data Centers Are Dominating Energy News
As electricity costs keep rising, voters in some states are blaming data centers. The reason for rising costs is more complicated, as we discuss in today’s newsletter feature story, but it’s true that data centers are increasing energy demand across the U.S. Because solar is fast to deploy, it can help keep pace with the explosive rise of data centers; adding energy storage gives data centers control over their power. That follows a global trend: by 2060, nearly half of all solar capacity is likely to be co-located with storage. Nonprofit organizations can also benefit from this pairing. |
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CollectiveSun helps make solar for nonprofits a reality! Our innovative approach helps these organizations secure affordable financing and streamline project implementation. |
CollectiveSun, LLC
3295 Meade Ave, San Diego, CA 92116
888 980 2786 (CSUN) |
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