FinancingUsing a Power Purchase Agreement (PPA) business model, NovaThermal Energy will own the systems and enter into 15-year contracts, providing an up to 20% reduction in HVAC costs to building owners. PPA agreements are indexed to energy prices and consumption. NovaThermal Energy will also sell the sewage geothermal system directly to building owners who want to maximize their retained operating savings. In either scenario, NovaThermal’s mechanical engineerwill provide turnkey installation and ongoing system maintenance. We will assist building owners in accessing federal tax credits, utility rebates and other grants and low cost financing, as applicable. |

