Commercial Solar Financing
Whether you have tax appetite and prefer a cash deal or you want to leverage a zero down power purchase agreement rec solar commercial solar financing will work with you to maximize your finance goals.
Commercial solar financing. Compare solar loans and solar leases on energysage to determine which one is right for you. With a ppa organization pays for the energy produced by a solar system produces and a third party installs the solar system on your facilities or offsite and owns. Businesses and others claiming the commercial solar itc will fill out irs form 3468 and submit it with their annual corporate tax return. Take advantage of solar policies and incentives related to commercial photovoltaic solar systems and help reduce your utility costs.
If you are taking out a loan solarcraft has approved lending partners or can work with your existing lender to tailor a financing plan for a photovoltaic pv solar systems for your business. It s a common misconception that a commercial solar system comes with a large upfront cost. For an attractive solar project the loan repayments will be lower than the energy savings meaning businesses can create a cash flow positive outcome from inception with no upfront costs. Commercial solar financing rec solar commercial corporation 2020 04 23t06 04 56 07 00 take your pick.
Solar loans offer significant savings with no upfront cost. Both options reduce your monthly electricity bills and your impact on the environment but the terms and conditions of each type of agreement are different. Affordable solar uses greensky a credit and financing company to help contractors offer solar loans to their customers. Our financing specialists have established relationships with respected developers and panel manufacturers and can tailor a financing plan for photovoltaic pv solar systems for your business.
Greensky provides credit limits as high as 65 000. For more detailed information on itc eligibility see the descriptions for various types of commercial solar financing discussed above. Ppa takeout solutions for 100kw commercial non profit projects with both rated unrated energy consumers. Very few financing options with investors focused on residential utility scale solar.
Financeable project structures range from traditional commercial solar ppas to feed in tariffs community solar developments and unrated credit offtakers to name a few. Solar loans and solar leases each have advantages and disadvantages. The commercial non profit sectors have been vastly underserved.