Namaste Solar Electric - PV Grant Program for Nonprofits (Colorado)

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Summary

Last modified on May 23, 2011.

Financial Incentive Program

Place Colorado

Name Namaste Solar Electric - PV Grant Program for Nonprofits
Incentive Type Non-Profit Grant Program
Applicable Sector Nonprofit
Eligible Technologies Photovoltaics
Active Incentive No

Implementing Sector Private Organization
Energy Category Renewable Energy Incentive Programs




























Website http://www.namastesolar.com/donations.html
Date added to DSIRE 2008-02-01
Last DSIRE Review 2010-02-12



References DSIRE[1]


Summary

Namaste Solar Electric, a Boulder-based, employee-owned solar electric company provides grants to help local non-profits install photovoltaic (PV) systems on their buildings. The grants are funded with 1% of the company's annual revenue.

Two types of grants are available through the program: matching grants and full grants. Matching grants allow nonprofits to install PV systems with minimal investments. Namaste Solar's contribution is determined by calculating the retail price of the solar system and deducting the utility rebate amount (generally 50%-60%). Namaste Solar will contribute 50% of the remaining amount. The nonprofit's contribution can be secured through other grants, fundraisers or angel donors, or with general operating funds. With full grants, Namaste Solar donates 100% of the post-rebate cost of the solar system.

Eligible organizations must be registered 501(c)(3) nonprofits, share Namaste Solar's values and vision, serve the Denver/Boulder area, and benefit from a solar installation. Although Namaste Solar does not prioritize any particular issue for solar installation donations, it prefers to support organizations working for positive environmental and social change.

Applications for the next grant cycle are due February 26, 2010.


Incentive Contact

Contact Name Heather Leanne Nangle
Department Namaste Solar Electric, Inc.

Address 2639 Spruce Street

Place Boulder, Colorado
Zip/Postal Code 80302
Phone (303) 447-0300 Ext:220


Email hlnangle@namastesolar.com
Website http://www.namastesolar.com
     
     

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"