Alternative Energy: Five Things You Need to Know About Solar

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Understanding your alternative energy options can be daunting. This series demystifies the different sources of alternative energy and provides key points that you should consider when reviewing your alternative energy options. This week’s topic introduces solar energy.

Within recent years, solar energy has gained considerable traction and momentum as a leading source of alternative energy. Solar installations can take many forms, from systems installed on rooftops and carports, to ground-mounted systems, to community-shared “solar gardens.” When considering your solar energy options, keep the following points in mind:

 

The Price of solar Systems..._RedThe price of solar systems is at an all-time low, but could go back up again after the federal investment tax credits drop from 30% to 10% at the end of 2016.

 

You don't have to buy..._redYou don’t have to buy a solar system to reap the benefits. Power Purchase Agreements (PPAs) provide electricity on a $/kWh basis, often well below the utility’s price.

 

The growth of Yieldcos..._redThe growth of Yieldcos (think solar real estate investment trusts, or REIT) has reduced the cost of money for solar projects, further lowering the $/kWh PPA price.

 

Solar provides cost..._RedSolar energy provides cost saving and carbon footprint reductions in more states than you’d imagine.

 

Solar carports are so..._Red

Solar carports are so cost effective that JLL was able to facilitate installations for a client across 150 sites in CA.

 

Have additional questions about solar energy options? Please contact Dave Gralnik.

 

Dave GralnikDave Gralnik is JLL’s Global Director of Alternative Energy Services. With more than 20 years of energy industry experience, he utilizes JLL’s resources to provide local and worldwide solutions that are designed to meet each client’s unique renewable energy objectives. Mr. Gralnik is also responsible for maximizing the solar optimization of our client’s rooftops by leasing roof space and providing installation and ongoing management services for those sites. For Mr. Gralnik’s full bio, please click here