EXPERIENCED
TEAM
The Power Authority is a leading Roofing and Solar EPC in the State of Florida, consisting of a team of professionals with over 30 Years Experience in Commercial Roofing, and 10 Years in Solar PV, with over $200 million in combined project experience. We are Licensed and Insured State Certified Florida Roofing and Electrical Contractors proudly Serving Florida's Treasure Coast.
GAURANTEED RESULTS
We're so confident in our abilities that we offer comprehensive energy production guarantees over the entire 25 year warranted life of the solar PV system, and when bundled with the purchase of a new roof, a comprehensive 25 year roofing warranty on the complete rooftop system. We also are willing to finance a portion of the system cost over the 25 year warranted life of the system, to collateralize our guarantee, ensuring that our interests are aligned for the life of the project. The best deals are the ones where all parties win together; and this asset class presents an opportunity to reduce electricity expenses for the building occupant, generate additional revenues for the building owner, all the while making our environment a little bit cleaner at the same time.
TAX
INCENTIVES
The Federal Government is currently heavily incentivizing the development of Solar PV assets through an Investment Tax Credit of 30-60% of asset value, and on top of that these assets are depreciable over a 5 Year MACRS schedule, with 60% Bonus Depreciation for projects completed in 2024. If you don't need the tax attributes, but are still interested in generating electricity, we can own the system, keep the credits, and lease the system to you. Either way, there's a path for you to save money and do some environmental good.
FINANCING IS AVALIBLE
3rd Party Financing is available from Climate First Bank, with loan terms up to 20 years, with no pre-payment penalty. As of February 2024, offering Rates fixed at 8.99% for first 10 years, at Year 11, rate re-prices to the 10 year US Treasury rate plus 3.00% for remaining loan term. Financing available up to 100% of system cost, with minimum $100,000 loan amount. The question to ask yourself is, if you can finance 100% of the cost, and the cost of the financing is substantially less than it costs to purchase that same amount of energy from the Utility, why wouldn't you do this?