Interesting Approach for Financing Solar Panels at Agnes Scott College

Agnes Scott College is featured in Atlanta magazine for the novel approach used by the institution to finance placement of solar panels on the roofs of campus building.  The article, "Agnes Scott College leased its roof space for solar energy," provides information on how the institution solved a couple of problems.  The author notes that if small institutions would like to use solar panels, they will have a substantial outlay of funds and if they are non-profits, they will not be able to directly take advantage of programs using federal tax credits.  Agnes Scott worked with Georgia Power and private investors, who could access the tax credits and use depreciation for tax advantage. to finance the installation of solar panels.

Agnes Scott College is located in Decatur, Georgia and enrolls just over 900 students.