K12 Energy founders have been developing solar projects for decades. Dean Marks started in solar in the 80s and Miguel de Anquin in 2003. Both believe in social causes. They started in solar when very few people knew what a solar panel was. They believe in helping the environment.
Years ago they realized that institutions that don't pay taxes were not able to take advantage of the greatest government solar incentive, the Federal Tax Credit. They believe nonprofit institutions are the most deserving of incentives.
To correct this problem, they started K12 Solar in 2014 that in 2019 it become K12 Energy.
The goal of K12 Energy has been to provide energy saving financing to as many nonprofits as possible by capturing the tax benefits indirectly and passing them along.