LEASE | $950,000 | 336kW
The team wanted to install solar at the ballpark for marketing purposes, but we had a big hurdle to get over. Major league baseball teams aren’t allowed to release their financial statements, which makes normal financing impossible. Belvedere developed a unique lease structure that allowed us to arrange a 5-year lease for a 336kW rooftop system that saved them over $100,000 in electricity costs in the first year – and generated a lot of favorable publicity. The system will save them over $4 million over its life.