This information is for discussion purposes only. Please contact Jordan Thomas, Inc. for further information.
Government And Non-Profit Energy Financing Parameters
Solar System Owner:
Jordan Thomas, Inc., its designee, or assignee
Minimum Credit Information:
Minimum of $3 million up to $100 million. Jordan Thomas will consider larger transactions.
Typically twenty (20) years.
All energy producing systems.
Solar System Timing:
Provide detail of the energy system components and costs, as well as engineering estimates of energy system performance. A proposal copy and timing estimates are preferred.
All PPA payments are based upon the energy system output and performance. The government entity only pays for power produced by the energy system and is charged on a price per kW produced.
Federal Tax Credit:
30% of the total solar system cost as well as the new 2011 100% bonus depreciation will be available to Jordan Thomas and a pricing component.
All State rebates, renewable energy credits (SRECs) and incentives will be retained by Jordan Thomas as the enegy system owner and a pricing component. The timing and amount of State rebates, SRECs and incentives are set by each State and change as the various programs mature and the amount of customer applications. These amounts will be determined for each customer and installation, are subject to chage, denial and confirmation by the State-applicable agencies.
The power purchaser may early terminate the PPA at any time after thr 6th year anniversary (and each anniversary thereafter) at a predetermined percentage of the energy system cost.
The power purchaser may renew the PPA at the end of the original term for a new agreed term and payment. A purchase option will be avialble on each anniversary during the renewal term.
To be provided by Jordan Thomas, Inc.
Loan Financing Alternative:
A tax-exempt loan financing option is available to all goverment entity power purchasers who wish to retain state rebates for their own account. Various and flexible payment structures are available. Federal tax credits and MACRS depriciation will not apply to the pricing of the loan financing product.
All government entity PPAs are managed by Jordan Thomas, Inc. and funded through an exclusive Jordan Thomas, Inc. arrangement.