Solar Leasing and Finance Options

Various funding tools are available from local, state and federal sources to facilitate affordable, and in many cases, a no-money-down, positive cash-flow scenario, providing solar to most Commercial, Industrial, Residential, and Not-for-Profit properties. Solar energy is a low-risk, high-reward investment. Customers can often obtain risk-adjusted ROI's, unsurpassed by other existing investment alternatives.  One size does not fit all. We understand the value of balancing capital and resources when running a business, and take the time to understand your goals in order to model customized financing structures to meet your needs. 

Purchase

• Like the Capital Lease (below) this structure provides all energy savings, tax credits, accelerated depreciation, environmental attributes (e.g., RECs) and other incentives.

Conventional Financing / Capital Lease

• Immediately reap all energy savings, tax credits, accelerated depreciation, environmental attributes (e.g., RECs) and other incentives while minimizing / eliminating your capital outlay.
• You’ll receive 30% of the project gross cost as a dollar-for-dollar reduction in your federal tax liability, which can be taken all in year one or carried forward up to 20 years.
• Accelerated depreciation allows for a 5 year depreciation schedule for 85% of the gross System cost.
• Up to 100% financing is available for 5-10 year terms.

Operating Lease

• The Operating lease is a non-balance sheet item and is fully expensed.
• It’s the perfect option for companies with a strong balance sheet and good cash flow, but without the appetite for large tax credit and depreciation.
• This option allows the customer to monetize both the depreciation and the ITC, thereby lowering overall cost.
• Under this structure, you'll receive all energy savings and environmental attributes.

Power Purchase Agreement (PPA)

• A PPA is a contract to purchase solar generated electricity at a predetermined rate for a period, usually 15-20 years.
• Your cost of energy is predictable, and will almost always be less than what you're paying today!
• We take full responsibility for the purchase, ongoing ownership and maintenance of your System.