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Solar energy panels installation on roof of commercial building

<h3>Landowner, Industrial Property Owner, &amp; Municipality Guide To Hosting A Community Solar Farm in 2025</h3><figure id="figure-wee8ej28y6m2wr7yza" data-full-width=""><img id="wee8ej28y6m2wr7yza" src="https://cdn.durable.co/blocks/259SooG9AprZmLrAdOStW0CD9fjnwclNT3tHHXGyW3shk0evX1SOxb65YdsvaOOQ.png" alt="Sustainable development goals valid in future modern industry. Renewable energy-based green businesses can limit climate change and global warming." title="Sustainable development goals valid in future modern industry. Renewable energy-based green businesses can limit climate change and global warming." class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="true" data-mce-src="https://cdn.durable.co/blocks/259SooG9AprZmLrAdOStW0CD9fjnwclNT3tHHXGyW3shk0evX1SOxb65YdsvaOOQ.png" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"></figure><h3>How to host a community solar farm on your land:</h3>Community Solar is a policy that was first signed into law in Massachusetts under the 2008 Governor Patrick and President Obama Administration, and has since swept the nation with over 6.5 Gigawatts installed to date, allowing states and electric utilities to adopt, participate, and further advance Net Metering and Community Solar Net Energy Billing programs in their respective regions. Community Solar projects are funded majorly by federal and local renewable energy incentives and rebates, are financed by private-sector and institutional investors, and developed by community-scale solar developers, built by solar construction companies (EPC’S), and are ultimately owned and operated by independent power producers and asset owners (IPP’s) who operate and own fleets of community solar farms across community solar markets as a portfolio of renewable energy assets. Community Solar farms are generally sized between 2 - 5 MW, can be found on 20 - 50 acre land parcels that are either greenfields or brownfields, and can locally distribute clean solar energy throughout the local utility distribution network to any energy consumer that enrolls into community solar.Step 1: Engage a Community Solar DeveloperIf a community solar developer is interested in developing a solar farm on your land, chances are you’ve already received multiple offers, letters of interest, or even in-person visits. Acquiring a site for solar farm development is known as site acquisition, where a developer believes that if they secure site control at your parcel and engage in a diligence period of engineering studies with your local utility company, they’ll be able to de-risk your site enough to become a viable solar farm host candidate for a community solar project.If you have not yet received an offer or a letter of interest, your land may still be eligible to host a community solar farm. Developers tend to start with the “low hanging fruit,” or sites that are closest to a substation, have the most available flatland in-line with the local interconnection capacity, and existing 3-phase power lines. Developers are not always exhaustive in their site acquisition efforts, and that is why in some cases, your land may be overlooked and actually have the best shot of project success over your neighbors. Engaging with a local and experienced community solar developer with a history of successfully acquiring sites, developing, building, owning and operating community solar projects is the key to ensure your land gets the best shot at becoming a viable solar farm host candidate.Community Solar sites are predominantly on greenfields, which is typically also prime farmland. One way for developers and landowners to combat developing renewable energy infrastructure on farmland is to search for “diamonds in the rough”, or smaller sites such as brownfields, which are landfills or other underutilized parcels of land across a county that can be converted to solar farm sites, and become a brightfield. Another way developers and landowners can combat the utilization of farmland for community solar is integrate advanced high energy density racking technology to increase the project size on a smaller portion of land, which can help rapidly increase the deployment of community solar farms by shifting the focus of community solar on smaller portions of land.&nbsp;Step 2: Execute a Community Solar Farm Hosting AgreementOnce you’ve engaged with a community solar developer that has taken interest in your land, it’s time to execute a site hosting agreement. Landowners should expect to initially begin with a short-term non-binding exclusive agreement, or a short-term binding exclusive agreement depending on the local utility’s requirements for the first 90 - 120 days, allowing the developer to secure site control and conduct initial diligence with the local utility on the feasibility of interconnecting a community solar project at their site, and return back with confidence to execute a long-term binding agreement that allows for further diligence until a commencement date is reached where the community solar project has been fully de-risked and ready for construction.&nbsp;Step 3: Option Period Payments, Legal Fees and Lease PaymentsLandowners should be aware of the industry standards and market rates in their state and region, and what their negotiating rights are. The best way to earn this knowledge is by working with a transparent and reputable community solar developer that is experienced in your market, and can site valid reasoning as to why you are receiving the offer presented to you. For example, there is typically a 2-5 year development period across Illinois as a standard to achieve the commencement and construction milestone. This period varies depending on the local utility’s timeline to review the queue of projects being submitted for interconnection studies, and the capabilities of the community solar developer to identify sites that can be interconnected in substations that have a relatively low queue of projects. When a developer finds a site that can be reported back as higher in the queue, the developer may be incentivized to provide a more aggressive lease payment offer.If a developer finds a site that is feasible from an engineering standpoint but is further back in the queue, the lease payment offer may be within market-rate, but option payments may be more aggressive to keep the landowner incentivized to remain in the queue with the developer throughout the option periods.Where does Clean Earth Renewables provide value with Landowners &amp; Developers to advance Illinois Community Solar goals? Clean Earth Renewables offers site acquisition solutions to landowners and developers, by connecting suitable landowners and their parcels to experienced and reputable developers to support a seamless site acquisition, development, construction experience for landowners concerned about handing their most valuable asset to trusted and experienced developers who are as passionate about partnering with the right landowner for their portfolio requirements. To learn how to work with Clean Earth Renewables to identify if a land parcel is feasible for community solar, email our Development Team at <a data-mce-href="mailto:devteam@clean-earth.org" href="mailto:devteam@clean-earth.org" title="Dev Team Email" target="_blank" rel="noopener">devteam@clean-earth.org</a>, with the Subject Title: Land Feasibility Request for a [Utility Company] Community Solar Project in [County Name] County, with the site address and your contact information.<figure id="figure-2gpsuidamcm2wrndf0"data-full-width><img id="2gpsuidamcm2wrndf0" src="https://cdn.durable.co/blocks/39Bo5ZcC3PIPqfueRu3KxgU38TyGHRwnJ7UsSMp29RwE2l5kpSWqUTroSjvkHI8I.png" alt="Sustainable energy concept" title="Sustainable energy concept" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionX="undefined" data-positionY="undefined" data-fullWidth="true"/></figure><h3>How to host a community solar farm on your commercial or industrial rooftop:</h3>As land for community solar projects across Illinois continues to become more constrained, developers are looking for competitive ways to develop projects that can combat these constraints and meet the renewable energy infrastructure needs of each host community.&nbsp;Community solar projects can be developed and constructed on large industrial and commercial rooftops and parking lots, requiring a roof or parking lot space of 200,000 - 1,000,000 square feet. These types of properties can be strategically found in high-density industrial parks, commercial plazas, or even office parks and vacant parking lots. These projects can bring rooftop or parking lot revenue to the REI, while supporting the sustainability and cost savings efforts of the REI’s commercial and industrial tenants. Clean Earth Renewables development team actively identifies eligible rooftops and parking lots for Community Solar projects across ComEd and Ameren service regions, with over 50 MW of community solar project sites acquired to to date. The community solar farms produce millions of kWh annually, allowing local residential renters, homeowners, small businesses, enterprise-level organizations or industrial facilities, and even municipalities to integrate clean energy digitally through their local Community Solar Net Energy Billing program. Small subscribers have minimal-to-no enrollment requirements, and can save up to 15+%, depending on their eligibility as a low-income homeowner or renter, and the state in which they live. Large or investment-grade businesses can subscribe as an anchor tenant for the long-term, supporting REI and C&amp;I Tenant’s long-term sustainability and clean energy savings goals through Community Solar.Ready to speak with an expert about hosting a community solar project?&nbsp;Click <a data-mce-href="https://clean-earth.org/landowners" href="https://clean-earth.org/landowners" title="Landowners Page">here</a>. For development inquiries, send an email to: <a data-mce-href="mailto:devteam@clean-earth.org" href="mailto:devteam@clean-earth.org" title="Dev Team Email">devteam@clean-earth.org</a>

Landowner, Industrial Property Owner, & Municipality Guide To Hosting A Community Solar Farm in 2025

Top down aerial view of Chicago Downtown urban grid with park

<h3>Guide to Community Solar in Illinois</h3><figure id="figure-unqfico43cm2lmze6b" data-full-width=""><img id="unqfico43cm2lmze6b" src="https://cdn.durable.co/blocks/15jLdfvEADvTUcH9U0BvLcNv7QjpXc6AEoypOUfiAC8w6OSLX3ndhWaL8kyFOH43.png" alt="Group of alternative energy engineers discussing a project with a worker businesspeople a meeting in solar" title="Group of alternative energy engineers discussing a project with a worker businesspeople a meeting in solar" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="true" data-mce-src="https://cdn.durable.co/blocks/15jLdfvEADvTUcH9U0BvLcNv7QjpXc6AEoypOUfiAC8w6OSLX3ndhWaL8kyFOH43.png" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"></figure><h3>How Community Solar works:</h3>Community Solar is a policy that was first signed into law in Massachusetts under the 2008 Governor Patrick and President Obama Administration, and has since swept the nation with over 6.5 Gigawatts installed to date, allowing states and electric utilities to adopt, participate, and further advance Net Metering and Community Solar Net Energy Billing programs in their respective regions. Community Solar projects are funded majorly by federal and local renewable energy incentives and rebates, are financed by private-sector and institutional investors, and developed by community-scale solar developers, built by solar construction companies (EPC’S), and are ultimately owned and operated by independent power producers and asset owners (IPP’s) who operate and own fleets of community solar farms across community solar markets as a portfolio of renewable energy assets. Community Solar farms are generally sized between 2 - 5 MW, can be found on 20 - 50 acre land parcels that are either greenfields or brownfields, and can locally distribute clean solar energy throughout the local utility distribution network to any energy consumer that enrolls into community solar.The main source of greenfields where Community Solar farms are located on is farmland, which is generally flat, privately-owned, locally connected to existing utility infrastructure, and allows for farmers to optimize their land portfolio’s revenue performance with only utilizing a small portion of their farmland. A brownfield is a piece of land, typically municipal, city or county-owned land that does not have an alternative use for being repurposed, such as a landfill, that can finally be repurposed into a brightfield by becoming a community solar host. The community solar farms produce millions of kWh annually, allowing local residential renters, homeowners, small businesses, enterprise-level organizations or industrial facilities, and even municipalities to integrate clean energy digitally through their local Community Solar Net Energy Billing program. Small subscribers have minimal-to-no enrollment requirements, and can save up to 15+%, depending on their eligibility as a low-income homeowner or renter, and the state in which they live.<figure id="figure-xyrzx05rbm2vcn91a" data-full-width="" class=""><img id="xyrzx05rbm2vcn91a" src="https://cdn.durable.co/blocks/233NiDIv1zGJlUNhRsd61r9HpUaJ1IKQWLLq5mPgLShjQkzt3P59jxgjXIHWNSd2.png" alt="Concept of hydrogen energy storage from renewable sources - wind turbines and photovoltaics. 3d rendering" title="Concept of hydrogen energy storage from renewable sources - wind turbines and photovoltaics. 3d rendering" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="true" data-mce-src="https://cdn.durable.co/blocks/233NiDIv1zGJlUNhRsd61r9HpUaJ1IKQWLLq5mPgLShjQkzt3P59jxgjXIHWNSd2.png" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"></figure>Energy consumers who enroll into a local community solar farm when it becomes operational will receive net metering bill credits in the form of a line-item bill discount, either billed to them directly by their local utility or by a third-party community solar billing platform provider, depending on the state’s approved legislation for net metering and bill credits. Alternatives to utility-consolidated billing are dual-billing, and developer-consolidated billing, where either the bill is required to be split between the utility company and developer’s billing provider, or alternatively fully consolidated to the developer’s billing provider for a seamless integration and single-billing method. Discounts range between 5 - 15%, and varies depending on the state, developer and billing platform provider. <h3>Frequently Asked Questions </h3>Does Illinois really offer the most robust Community Solar program?In September 2021, Illinois substantially expanded its community solar program when Governor JB Pritzker signed the Climate and Equitable Jobs Act into law. As of 2024, over 2.4 Gigawatts of solar is operational in Illinois, making Illinois one of the fastest growing states adopting solar. In addition to federal tax credits and tax credit adders, community solar projects are majorly funded by local incentives in Illinois called SREC’s, or Solar Renewable Energy Credits, which can cover up to 30% of the project cost of a solar project via the value of energy production over 15 years, paid up-front in 7 years. Developers and financiers can also earn utility rebates for installing smart inverters on-site, as well as incentives for stacking battery storage facilities on-site to help manage the load of the local substation and capturing excess power generated throughout the daytime, and dispersing it at nighttime during peak hours. The swift policy adoption across both major utilities in Illinois, Commonwealth Edison and Ameren Illinois, in support from experienced private-sector financiers who invest in early-stage project developers that de-risk solar projects through permit approval, and trusted builders who construct and interconnect these de-risked projects with the support of local labor and electrical workers, showcase how the industry is collectively working on an aligned mission to meet the state’s ambitious climate goals. Illinois has a climate goal of achieving 50% clean energy by 2030, and 100% clean energy by 2050, and the swift adoption at the energy consumer level is all thanks to the collaboration of the State of Illinois, Illinois Power Agency, Illinois Shines, Elevate, and Illinois Solar For All for accurately advertising, marketing, and promoting Community Solar. I’ve heard stories that subscribers didn’t receive a discount for the first few months or even the first year, why is that? And can that happen to me?Community Solar projects have an average development timeline of 2 - 4 years. In that timeline, several milestones need to occur for successful operation - environmental and geotechnical studies, county &amp; zoning approval, permitting approval, procurement of equipment, construction, and permission-to-operate. Once a solar project reaches permission-to-operate, typically subscribers are allowed to begin receiving savings. Some billing providers do not necessarily opt-in to kick on bill-credit savings right away, while others pre-fill the farm before permission-to-operate and kick on bill-credit savings from month 1. It is still common for community solar developers and billing providers to seek subscribers to enroll before the project is operational, to ensure the financial viability of the project by having a full pipeline of subscribers to offtake the clean solar energy. Clean Earth Renewables always provides COD or a Bill Credit Flow Date to its subscribers to ensure they are aware of when to expect bill credit savings to kick in on their utility bills. There are so many offers out there, why should I choose Clean Earth Renewables? Clean Earth Renewables is an authorized subscriber manager for all major community solar developers and billing platform providers across Illinois, and is authorized to enroll all energy consumers and utility ratepayers across Commonwealth Edison and Ameren Illinois service regions, working with the most trusted and secure developer billing platform providers in the nation. With a footprint of over 200,000 enrolled electricity consumers, Clean Earth Renewables, its development partners and billing platform providers are here to ensure every community and energy consumer earn the best chance at securing clean energy savings, and are rewarded with best-in-class customer service, seamless billing, and piece of mind that even without a rooftop or investment, everyone has equal access to clean energy savings. What else does Clean Earth Renewables do differently than other community solar providers that makes them the best choice for a community solar enrollment? Clean Earth Renewables is locally operating out of its headquarters in Chicago, Illinois, and in addition to managing subscribers onto community solar farms, performs early-stage site acquisition for leading community solar developers, giving our development and origination team a long-term line-of-site on the projection of the Community Solar market in Illinois over the next 10-40 years. Projects can have a life span of up to 40 years, and over just the next 10 years, the amount of available land to construct community solar projects will be drastically constrained, leaving community solar developers with less land, requiring innovation to develop more advanced technology requiring less land per solar farm project to keep up with the rising demand. More community solar projects will be constructed on large industrial and commercial rooftops and parking lots, requiring roof or parking lot space of 200,000 - 1,000,000 square feet. Clean Earth Renewables development team actively identifies eligible land parcels, rooftops and parking lots for Community Solar projects across ComEd and Ameren service regions, with over 50 MW of community solar project sites acquired to to date.<h3><a data-mce-href="https://clean-earth.org/community-solar-enroll" href="https://clean-earth.org/community-solar-enroll" title="Enroll Today">Enroll &amp; Access Clean Energy Savings Today!</a></h3><figure id="figure-j920akuoym2vfsfhi" data-full-width=""><img id="j920akuoym2vfsfhi" src="https://cdn.durable.co/blocks/19ZwLv3XO7JpYLmmEtuUB4JWQEO1mgXoQ6t5UE1FclR031YMZswNStWPiXF5N2Qv.png" alt="Solution of Air and Environment pollution concept." title="Solution of Air and Environment pollution concept." class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="true" data-mce-src="https://cdn.durable.co/blocks/19ZwLv3XO7JpYLmmEtuUB4JWQEO1mgXoQ6t5UE1FclR031YMZswNStWPiXF5N2Qv.png" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"></figure>Clean Earth Renewables is an emerging climatech startup driven to accelerate USA's net zero goals through education and integration of on-site and off-site solar. <a data-mce-href="https://clean-earth.org/contact" href="https://clean-earth.org/contact" title="Connect With Us">Join the mission and partner with us to reach your clean energy savings goals for your home, business or community!</a>

Illinois Commercial Real Estate Owner, Commercial Tenant, Enterprise & Municipality Guide To Community Solar in 2025

Two people having a shaking hands against solar panel after the conclusion of the agreement in the renewable energy

<figure id="figure-m9bw6ltx2m2vddfbu" data-full-width="" class=""><img id="m9bw6ltx2m2vddfbu" src="https://media.gettyimages.com/id/2164054102/photo/modern-farm-using-renewable-energy-solar-panels-with-silos-in-the-background.jpg?b=1&amp;s=2048x2048&amp;w=0&amp;k=20&amp;c=r0elkUeuwodqTvgaAdv9Uhfl1ekWNhUwMSWxrgRLt2Q=" alt="Modern farm using renewable energy. Solar panels with silos in the background" title="Modern farm using renewable energy. Solar panels with silos in the background" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: undefined undefined;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="true" data-mce-src="https://media.gettyimages.com/id/2164054102/photo/modern-farm-using-renewable-energy-solar-panels-with-silos-in-the-background.jpg?b=1&amp;s=2048x2048&amp;w=0&amp;k=20&amp;c=r0elkUeuwodqTvgaAdv9Uhfl1ekWNhUwMSWxrgRLt2Q=" data-mce-style="aspect-ratio: 16/9; object-position: undefined undefined;"></figure><h3>Clean Earth Renewables will show you exactly how REAP Solar works:</h3>Our development team will share with you the exact strategy that Illinois Farmers and Agriculture Businesses are using to receive a USDA Solar REAP Grant for their Commercial Farm or Rural Small Business.What Clean Earth's development team will help you with: <ol><li>How to find out if you meet eligibility requirements for a USDA Solar REAP Grant</li><li>How to analyze a Project Pro-Forma</li><li>Setting up your Legal Entity for USDA REAP Grant Acceptance</li><li>When to use the Federal Tax Credit vs. when to opt-in for the Tax Credit Transfer</li><li>Smart Inverter Rebate - <em style="font-family: inherit; font-size: calc(18px * var(--body-fontSize, 1)); font-weight: inherit; background-color: rgba(249,250,251,var(--tw-bg-opacity));" data-mce-style="font-family: inherit; font-size: calc(18px * var(--body-fontSize, 1)); font-weight: inherit; background-color: rgba(249,250,251,var(--tw-bg-opacity));">WHY is it not always offered by EPC's bidding on your projects??</li><li>SREC Incentives - Who gets them, when do you get them, and why do some projects offer it up-front vs. over time?</li><li>Understanding what CPA-Audited financials get you approved for REAP financing</li></ol>The Illinois Solar REAP Guide breaks down step-by-step from Preliminary Assessment to Financing, Incentive Reimbursement, and Project Payoff Period:<figure id="figure-8xztdyd4m2veicxh" data-full-width="" class=""><img id="8xztdyd4m2veicxh" src="https://cdn.durable.co/blocks/1bXyaM1XgRgJdQ6SA8ziEGStQVerCO2Ai4sPCAajrmKfVSCR7wOAVE3kA4H2Qblm.png" alt="Group of alternative energy engineers discussing a project with a worker businesspeople a meeting in solar" title="Group of alternative energy engineers discussing a project with a worker businesspeople a meeting in solar" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="true" data-mce-src="https://cdn.durable.co/blocks/1bXyaM1XgRgJdQ6SA8ziEGStQVerCO2Ai4sPCAajrmKfVSCR7wOAVE3kA4H2Qblm.png" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>How to check reputable USDA Solar REAP Grant eligibility requirements for a rural or small agriculture business:<ul><li><a data-mce-href="https://www.rd.usda.gov/sites/default/files/fact-sheet/508_RD_FS_RBS_REAP_RE.pdf" href="https://www.rd.usda.gov/sites/default/files/fact-sheet/508_RD_FS_RBS_REAP_RE.pdf" title="USDA REAP Program Factsheet" target="_blank" rel="noopener">Rural Energy for America Program Renewable Energy &amp; Energy Efficiency Factsheet</a></li><li><a data-mce-href="https://www.rd.usda.gov/programs-services/energy-programs/rural-energy-america-program-renewable-energy-systems-energy-efficiency-improvement-guaranteed-loans" href="https://www.rd.usda.gov/programs-services/energy-programs/rural-energy-america-program-renewable-energy-systems-energy-efficiency-improvement-guaranteed-loans" title="REAP Grant &amp; Loan Factsheet" target="_blank" rel="noopener">Rural Energy for America Program Renewable Energy Systems &amp; Energy Efficiency Improvement Guaranteed Loans &amp; Grants - 2nd USDA factsheet</a></li><li><a data-mce-href="https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do" href="https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do" title="USDA REAP Property Eligibility Map" target="_blank" rel="noopener">USDA REAP Property Eligibility Map</a> - type in your facility address here, and look for this response:</li></ul><figure id="figure-ly0coo8nurm2vemqmn" class=""><img id="ly0coo8nurm2vemqmn" src="https://cdn.durable.co/blocks/35cNNWBBwbfeuz6RYIL2ZtEKKgoXBuiqmS00m4Eusd8STRxZTloIZki0Yt7FxgKB.png" alt="ight bulb Alternative energy concept" title="ight bulb Alternative energy concept" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://cdn.durable.co/blocks/35cNNWBBwbfeuz6RYIL2ZtEKKgoXBuiqmS00m4Eusd8STRxZTloIZki0Yt7FxgKB.png" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure><h3>Setting up your Legal Entity for USDA REAP Grant Acceptance</h3>To ensure your legal entity is setup for USDA REAP Grant Acceptance, be sure to provide the following to your EPC or REAP Advisor:<ol><li>Business Start Date</li><li>Federal EIN or Tax ID Number</li><li>Articles of Incorporation</li><li>Ownership Structure &amp; Percentages</li><li>Copy of Deed</li><li>Property Zoning</li></ol>For REAP Financing, be sure to provide the following to your REAP <strong style="font-family: inherit; font-size: calc(18px * var(--body-fontSize, 1)); font-style: var(--body-fontStyle, normal); background-color: rgba(249,250,251,var(--tw-bg-opacity));" data-mce-style="font-family: inherit; font-size: calc(18px * var(--body-fontSize, 1)); font-style: var(--body-fontStyle, normal); background-color: rgba(249,250,251,var(--tw-bg-opacity));">Commercial Lender:<ol><li>Last 3 Years of Income Statements, Balance Sheet, and Statement of Cash Flows</li><li>Last 3 Years of Federal Tax Returns</li></ol>Industry-wide, all accredited commercial solar lenders will require the same stack of financials. Most banks won’t accept the financials unless they are professionally prepared by a CPA and/or signed by the business owner. Banks are incredibly cautious due to fraud. Federal Tax Returns are only useful when lenders can cross reference them with another document (balance sheets / income statements) as so many businesses can alter their tax returns in order to report less in taxes. There are many loopholes for businesses to attempt to only use their tax returns for lending decisions, and that’s why commercial solar lenders look at other docs to corroborate.&nbsp;<h3>When to use the Federal Tax Credit and when to opt-in for the Tax Credit Transfer </h3>If you have an annual federal income tax liability, meaning at the end of each year you project to owe federal income taxes, then you may benefit from taking the Federal Tax Credit. Speak with your tax professional about the tax credit and how to deduct it, as a business owner you can use the Federal Tax Credit for all years up until 2032 when the Federal Tax Credit code is subject to change or be renewed.If you do not have an annual federal income tax liability that would make the federal tax credit feasible for you, you have a strong alternative by working with Clean Earth Renewables - the Tax Credit Transfer. You can allow Clean Earth’s financiers to transfer the tax credit onto another taxable entity (such as a tax equity investor) who has a federal income tax liability and desires to reduce it by investing in renewable energy systems. This can be an institutional or private-sector tax equity investor. A non-profit is not eligible for REAP but is eligible to receive Direct Pay for the federal tax credit, since they do not report income or pay annual federal income taxes. <ul><li><a data-mce-href="https://www.irs.gov/credits-deductions/register-for-elective-payment-or-transfer-of-credits" href="https://www.irs.gov/credits-deductions/register-for-elective-payment-or-transfer-of-credits" title="IRS Tax Credit Transfer Guidelines and Requirements" target="_blank" rel="noopener">IRS Tax Credit Transfer Guidelines and Requirements</a></li><li><a data-mce-href="https://www.solarpowerworldonline.com/2024/04/irs-releases-final-rules-for-solar-tax-credit-transferability/" href="https://www.solarpowerworldonline.com/2024/04/irs-releases-final-rules-for-solar-tax-credit-transferability/" title="Solar Power World - IRS Releases Final Rules for Solar Tax Credit Transferability" target="_blank" rel="noopener">Solar Power World - IRS Releases Final Rules for Solar Tax Credit Transferability</a></li></ul>If you've made it this far, chances are you've got an interest in securing a REAP Solar Grant for your agriculture business, farm or rural small business. <a data-mce-href="https://clean-earth.org/contact" href="https://clean-earth.org/contact" title="Contact Form">Fill out the form and a member of our team will guide you through the entire REAP Solar process.</a><figure id="figure-as082zsyaem2vf2q82" data-full-width=""><img id="as082zsyaem2vf2q82" src="https://cdn.durable.co/blocks/1bN6ihmIlQE0v5QwU70YjovudIyJLFWISg9oXg0uDpTIM4qUBE0BQPwJv2bZbaZB.png" alt="Concept of hydrogen energy storage from renewable sources - wind turbines and photovoltaics. 3d rendering" title="Concept of hydrogen energy storage from renewable sources - wind turbines and photovoltaics. 3d rendering" class="object-cover bg-gray-100 rounded-2xl md:rounded-3xl lg:rounded-4xl" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="true" data-mce-src="https://cdn.durable.co/blocks/1bN6ihmIlQE0v5QwU70YjovudIyJLFWISg9oXg0uDpTIM4qUBE0BQPwJv2bZbaZB.png" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>Clean Earth Renewables is an emerging climatech startup driven to accelerate USA's net zero goals through education and integration of on-site and off-site solar. <a data-mce-href="https://clean-earth.org/contact" href="https://clean-earth.org/contact" title="Connect With Us">Join the mission and partner with us for your next solar project.</a>

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