Solar + EV charging PPAs offer municipalities a great opportunity to adopt clean energy and support the growing demand for electric vehicle infrastructure. In addition to offsetting loads for plant facilities during the day and providing net-metered power for street lights at night, solar + EV charging PPAs can also power EV charging stations, reducing the carbon footprint of transportation.
With term lengths of up to 30 years and the ability to purchase the system or renew afterward, a solar + EV charging PPA provides instant savings to the municipality without the upfront cost of direct purchase or the recurring costs of a lease. Day 1 savings can free up budgetary resources, allowing for more investment in the community.
In addition to the financial benefits, a solar + EV charging PPA enables municipalities to take advantage of federal tax programs that are not ordinarily available to them. This puts towns and cities on the same playing field as businesses and homeowners, as SCF is able to monetize tax benefits, resulting in low PPA energy prices.
Furthermore, a solar + EV charging PPA can help municipalities jump-start clean energy policies without adding to local budgets or calling for increased taxes. Many constituents view sustainable energy policies as critical to their well-being and see the addition of EV charging infrastructure as a key component of that policy. By choosing solar + EV charging, municipalities can send a powerful message to constituents and voters that they are actively investing in a cleaner, more sustainable future.
While wind power is also an option, solar + EV charging is the clear environmental winner due to its ease of installation, long-lasting equipment, and lack of moving parts. In addition, solar + EV charging PPAs can help reduce the carbon footprint of transportation, which is becoming increasingly important as more people switch to electric vehicles. Overall, solar + EV charging PPAs offer a flexible, cost-effective, and sustainable solution for municipalities looking to reduce their carbon footprint, support sustainable energy policies, and invest in the future.
Why Choose SCF for Municipalities & Government PPA Financing
SCF is partnering with municipalities across the country in a solar and EV charging for governments movement, helping to achieve sustainability initiatives while also promoting the adoption of electric vehicles. With large portfolio expertise and projects ranging from water treatment, recreation centers, landfills, city halls, and police departments, SCF can provide PPA solutions for city, county, or state’s solar + EV charging needs.
With vast experience in solar and EV charging financing for municipalities, SCF is a perfect partner for governments looking to adopt solar and promote the use of electric vehicles.
Benefits of Solar for Municipalities & Government:
This system is coupled with the smaller, 16kW roof mounted array at the Community Center. These are the fourth and fifth installations SCF has completed in partnership with the City of San Joaquin, totaling over 300kW. The portfolio will secure San Joaquin’s energy supply while also providing energy savings immediately.
The SCF Suite
With just 8 project variables, receive indicative pricing in real-time.
- Solve for PPA Rate
- Solve for Build Cost
- Solve for Lease Rates
- Try several iterations
- Identify economic viability instantly
As project parameters are input, documents & agreements can be auto populated, allowing for immediate download & use.
- Sales docs
- Term Sheets
- PPAs
- EPCAs
- Diligence Checklist
A project checklist and existing file name architecture allow for an easy to use data room and an easy to manage project.