Municipalities & Utilities

Municipal utilities and public power electric cooperatives are uniquely positioned to benefit from solar PV systems.

ACE Ventures is the national leader in public-private partnerships to bring solar PV systems to municipal and public power utilities. Public power and municipalities possess unique financial structures, including revenue bonds. For-profit entities are eligible for other incentives, including investment tax credits and accelerated depreciation. ACE Ventures forges public-private partnerships that leverages these incentives to create competitively priced solar and storage solutions.

All utilities are under pressure to reduce the carbon footprint of their energy supply portfolios and meet increasing renewable portfolio standards. Many coal plants will retire over the next few years as new emissions standards are phased in, and many older nuclear energy power plants are nearing the end of their life, creating gaps in utility power supply portfolio.

Rate payers and residents of the towns served by the utilities are demanding clean, sustainable communities, with local, distributed, clean generation integrated into smart communities.

Towns and municipalities own under-utilized land, including closed landfills and brownfields.  Developing these sites for solar PV creates multiple benefits: clean, renewable, local, competitively-priced power; local jobs and economic development, and enhancement of under-utilized town land.

Benefits from going solar

• Replace Retiring Gas & Coal Generation

• Landfill & Brownfield Troubled Asset Re-purpose

• Customer Retention

• Land Lease = Town Cash Flow

• Meet State RPS Requirements / Green Power