Energy-buying consortium PowerOptions has partnered with SunEdison on a new solar program for nonprofit institutions and government entities in Massachusetts.
PowerOptions' program is designed to leverage the strength of a consortium to streamline solar power development, in order to reduce costs and increase benefits for members who enroll.
Under the program, the terms and conditions, as well as a pricing formula, for each project are pre-established. Therefore, members need not conduct their solicitation and negotiation of terms, PowerOptions explains. Further, by ensuring the provider with access to its attractive membership base, SunEdision has agreed to best-in-industry terms for the PowerOptions program. The program is structured to give nonprofit organizations benefits of tax incentives.