Anova Energy Solutions is a leading New Jersey based solar energy consultant and integrator specializing in Solar Photovoltaic (PV) systems for commercial and industrial properties. Anova assists property owners with the development, financing, ownership, project structure, management, and operation of commercial Solar PV systems. Anova’s principal’s backgrounds in commercial real estate and finance give them a unique perspective relative to the issues involved with owning and installing solar systems on commercial and industrial properties. Anova also owns and operates its own portfolio of Solar PV systems utilizing its custom Power Purchase Agreenment (PPA) with host properties. 

System conceptual design:

• Anova will assist the property owner in the conceptual design of their project, including: the form of ownership; equity and debt financing; interaction with tenants; electricity invoicing requirements; post installation operation, monitoring and maintenance; and understanding of federal and state incentive programs.

Ownership and financial modeling:

• Anova will provide financial models which help clients understand the cost/benefit factors of system ownership, including: system installation costs; additional start-up costs; federal and state incentive programs; tax based incentives including grants, credits and depreciation; and Solar Renewable Energy Certificates (SRECs).

Selection of system installer and general contractor:

Anova has relationships with leading solar installation companies. At the client’s election, we will take the project through the bidding process with multiple installation companies, assist in choosing the contractor and assist in negotiating the contract terms.

System Financing:

Anova is committed to finding you solutions that meet your energy goals, are affordable, and provide you with the best rate of return on your investment. We will assist you with securing the required financing through a loan, equipment lease or private equity investment. Currently, there are loan programs available which would provide for up to 100% project financing for qualified borrowers.

Power Purchase Agreements (PPAs):

For property owners that prefer not to own the solar PV system, a third party, like Anova, can own and operate the rooftop system. This company will design, finance, install, operate and maintain the system at no cost to the property. Property owners are compensated in the form of reduced energy rates and/or rooftop lease payments. Metering and billing systems are customized to allow for multiple tenants and multiple meters. PPA contracts are long term agreements and can last between 15 and 25 years. Anova has developed a customized Rooftop Lease and Power Purchase Agreement for use with commercial, industrial and retail properties.