Boris Piskun, GreenPACE Capital
Established the company for the sole purpose of providing tax benefits to high income-earning individuals with tax liability by generating investment tax credits within the solar business. For over a decade the solar industry has largely benefited institutional investors with tax benefits but has not provided similar benefits to individual investors. Our business has changed that landscape, whereby high net worth individuals can receive those same tax benefits as the larger institutional investors. Our proprietary business process creates opportunities for individuals to offset tax liability on all types of income. We are able to generate tax assets by developing solar systems for customers who can lower their electricity cost immediately compared to their current electric utility provider. The company’s business model is to offer residential and commercial customers a long-term electricity contract in the form of a prepaid power purchase agreement, whereby customers can lower their electricity costs immediately.
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