Business View Magazine | July 2022

33 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 7 offer a lower utility rate for energy than what the city is typically buying from the utility company. So they are indirectly able to take advantage of those tax credits.” This ingenious structure is a powerful game changer for non-profits. So much so that the local utility company sued Eagle Point Solar claiming that power purchase agreements made them a public utility company. The former owner disagreed with that premise and ultimately the Iowa Supreme Court ruled in their favor that power purchase agreements do not make the installer a public utility. There is currently a pending case in Wisconsin making the same argument. Eagle Point Solar is proud of how they’ve supported their customers. “We’ve been on the forefront of using power purchase agreements to allow these entities to install solar all the way to the point where we’ve been in lawsuits suing utilities in two states to make sure everyone understands their legal rights,” Pullen conveys. “We’re on the very front end of some good things going on. Technology will continue to change and we will take advantage of new technologies to grow. We’re less concerned with adding employees and doing more projects and more concerned with doing what’s right for the customer and making sure we’re building a sustainable organization that we can pass down to the next generation of owners.” Eagle Point Solar is building a stronger tomorrow one solar project at a time and proud to have strategic partners along for the ride. Contact TJ Wagner at TJW@kunkel-inc.com or 563.585.2763 | www.kunkel-inc.com Insuring the Energy IndustryNationwide andproudpartner with Eagle Point Solar EAGLE POINT SOLAR