Core Development Group waives upfront solar PPA costs for New Jersey, D.C. nonprofits

Core Development Group, a solar energy developer, is officially a “Zero-Cost PPA” with 10 years of free energy for companies and nonprofit entities in New Jersey and Washington, D.C.

The Zero-Cost PPA is a no up-front and no-cost-energy offer for nonprofits and commercial and industrial electric consumers in New Jersey and D.C. Core Development assesses site feasibility and can offer a design-build-own-operate contract with building owners for 10 years of free energy.

This means the energy portion of a participating customer’s bill will decrease for 10 years, while the customer still pays the utility each month for other delivery and service charges.

“We are extremely proud and humbled to be able to provide 10 years of free energy with our new Zero-Cost PPA offer, especially as companies and non-profit entities attempt to navigate the negative impacts of COVID on their business,” said Henry Cortes, owner and founder of Core Development Group.

Core Development Group has designed and developed 2.6 GW of solar energy throughout the United States, with more than 500 MW currently in construction.

“The state incentives and energy certificate market in New Jersey and Washington D.C. provide arguably the greatest opportunity for companies and non-profit entities seeking to benefit from solar energy,” Cortes said.

News item from Core Development Group