NOT DISCLOSED, Pennsylvania
| Asking Price |
$7,822,000 |
Year Established |
2023 |
|
| Annual Revenue |
$517,451 |
Reason for Selling |
Selling to redeploy capital into new solar development. |
|
| Annual P/L |
$0 |
Attention |
David Schloss |
|
| Annual Cash Flow |
$461,071 |
Listing Number |
1006837 |
|
| # of Employees |
|
Business Category |
Services: Utilities: Electric, Gas, Water, Sanitary |
|
Business Overview:
This Solar Project is a 3,506 kW system comprising of ground-mounted solar arrays generating solar power located Western Pennsylvania. The Project was placed in service on January 1, 2024 and generates revenue from electricity sales and solar energy credits.
Property Features and Assets:
<p>The site is south of Pittsburgh sitting on 10-acres consisting 7,792 panels, placed 30-inches off the ground, on 974 poles with 12 inverters, and EPC monitoring. The facility is constructed with Tier-1 bifacial modules rated for 30+ year life.<br></p><p>Assets = $3,455,499</p>
Market Competition and Expansion:
<p>The U.S. solar sector has been in a high-growth phase fueled by a 28.7% CAGR from 2020-2025 and a projected 10.2% CAGR through 2030, with industry revenue expected to exceed $65.9 billon. This expansion is further acerbated by retail electricity prices, which have risen at a 5.22% CAGR over the last five years, more than double the 25-year historical average, creating a significant competitive advantage for cost-stable solar generation. <br></p><p>This region includes some of the nations largest developments for data centers and large scale C&I (Commercial & Industrial) buyers looking for long-term power. Electricity revenue is increasing each year with the increasing demands and price of electricity. This facility saw an 11% increase in electricity revenue from 2024 to 2025. The SREC sales are based on the SREC market. Future Pennsylvania legislation would increase SRECs. SREC prices are dependent on supply and demand of clean energy. If Renewable Portfolio Standards are updated in upcoming proposed legislation it would greatly increase the SREC market values. HB 501 (PRESS) and SB 372 are the critical bills to watch. If passed, either would likely increase the demand for SRECs, raising their value significantly.<br>Overall, the U.S. solar sector has been in a high-growth phase fueled by a 28.7% CAGR from 2020-2025 and a projected 10.2% CAGR through 2030, with industry revenue expected to exceed $65.9 billon. This expansion is further acerbated by retail electricity prices, which have risen at a 5.22% CAGR over the last five years, more than double the 25-year historical average, creating a significant competitive advantage for cost-stable solar generation. <br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity