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NC-v4 EAc5:Renewable energy production

Solar PV Array Ownership

Hello, I have a question about the ownership of a solar PV array, and how that effects this and any other credit. LEED adds additional requirements when a power purchase agreement (PPA) is in place, but I'm curious in particular about the use of a public-private partnership (PPP). Unlike a PPA, a PPP allows our client to maintain ownership of their PV array while using an outside private entity as a financial lender. As I understand it, this is similar to purchasing a house, where the individual retains ownership of the house but has to pay a mortgage to a bank. Would this ownership structure have any affects on the Renewable Energy Production credit? Or would it simply maintain the same requirements as a PPA? Thank you, Gray

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Thu, 09/29/2016 - 20:51

I don't think so. Even if they borrow the money to pay for the system they would "own" it. Just make sure they retain the RECs or replace them.

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