A subsidiary of a Fortune Global 500 company, 174 Power Global is a nationwide leading developer of solar PV generation and battery energy storage solutions (BESS) for commercial and industrial projects. Our portfolio and opportunities run the gamut and are backed by a strong balance sheet. We are a turnkey project developer offering everything from design and engineering to financing, installation, and maintenance.

Access to real-time monitoring

It probably goes without saying – cloudy days aren’t always the best days for solar – but by how much? 174 Power Global clients have access to software, allowing for real-time and historic views into the performance of their PV and battery energy storage systems. A great tool for financial planning purposes of showing customers and employees a strong and well-rounded environmental commitment.

Flexible financing options

174 Power Global offers a variety of methods to generate and store solar energy for our consumer and industrial partners. All of these options offer stabilized energy rates and a natural hedge against fluctuating wholesale energy prices.

Power Purchase Agreement (PPA)
Ownership
Operating Lease
Description
Description PPA clients enter into a 20 year agreement to purchase the energy generated by a specific solar generation or storage facility. This option allows business to go solar with no capital outlay or responsibility for maintenance of the equipment over the system’s lifespan.
Description There are multiple benefits to owning the system that generates and stores the power for our clients’ facilities, specifically tax credits and accelerated depreciation.
Description This option offers the best of both worlds, giving clients the opportunity to lease a solar generation or storage facility for their place of business with no money down. Following the typical 7-10 year lease, ownership of the facility is then transferred to the lessor.
Maintenance
Maintenance
  • No maintenance
Maintenance
  • Maintenance plans available
Maintenance
  • Shared responsibility
Term Length
Term Length
  • 20 Years
Term Length
  • 25+ years
Term Length
  • 7-10 years; ownership
ROI & Savings
ROI & Savings
  • Stabilized energy costs
  • No money down
  • Turn a variable expense into a fixed expense
ROI & Savings
  • Stabilized energy costs
  • Federal income tax credit (ITC)
  • 5-year (MACRS) accelerated depreciation
  • Local rebates
ROI & Savings
  • Stabilized energy costs
  • No money down
  • Tax credit and depreciation monetization

Check Out Incentives By State

New York

New York State has one of the most ambitious solar programs in the country. Currently the state utilizes net metering as the main mechanism to earn value with solar. Net metering is a one for one credit for every kWh of electricity your solar system produces, meaning the utility credits you what they would have charged you. Given New York State’s high cost of electricity with respect to other states net metering is particularly valuable. New York also has state and utility based incentives for solar in addition to federal incentives.

See More Information About New York Incentives Here.

Massachusetts

Massachusetts has a robust solar program. In addition to traditional net-metering, which is a one for one credit for every kilowatt-hour (kWh) of electricity your solar system produces, Massachusetts established the Solar Massachusetts Renewable Target (SMART) program. The SMART program adds value on top the retail rate of electricity for every kWh your solar system produces. Massachusetts also has state and federal tax incentives for solar.

See More Information About Massachusetts Incentives Here.

See for yourself why so many business owners and managers have entrusted 174 Power Global with their PV generation and storage project development initiatives.