Helping Community Groups Plug Into Solar

"Let the Sunshine In!"

A Wisconsin group helps nonprofits leverage tax credits for solar installations through the issuance of bonds.

“Legacy Solar Co-op helps community groups manage the economic hurdles of financing costly solar installations through the sale of solar bonds. Some institutions can’t take advantage of the tax credits available to other organizations. This makes investing in solar a nearly impossible financial burden without some sort of assistance. Legacy Solar Co-op provides that assistance with our unique approach to solar investing.” (1)

“Through the group’s Slice of Sun Solar Bonds program, co-op members can invest in 12-year bonds that help cover the cost of solar arrays at nonprofits and community groups. Bond holders earn interest while supporting a cause they believe in.” (2)

“(The program) ‘...helps these groups lower their utility bills and direct more funds to their core missions. … We know that these nonprofits and these community organizations are doing such amazing work, and we can help accelerate that amazing work by freeing up more funds for them to do so.’” (2)

As the song says: “Let the sunshine in!” (3)

Sources:

(1) https://legacysolarcoop.org/solar-bonds/

(2) https://yaleclimateconnections.org/2022/06/wisconsin-bond-program-helps-nonprofits-afford-solar/

(3)