Commercial Solar Financing

commercial solar financing

Understanding Your Options

When Purchasing a commercial solar system, you are making a business investment that will become an income-generating asset. When it comes to commercial financing, your goal may be to achieve positive cash flow quickly or spread your investment out over time. There are several options when financing a commercial solar project. 

 

  1. Solar Loan 

  2. PPA

  3. Lease

  4. Pace commercial financing ($200,000 min)

 

Solar Loan

  • You will receive the same benefits as if you were making a cash purchase but with a lower upfront cost.  

PPA

  •  A Power Purchase Agreement will have a fixed energy cost with terms between 15-30 years. There is no upfront investment when using a PPA, but you also do not own the system. 

Lease

  • A solar lease is very similar to a power purchase agreement with no upfront cost and a fixed rate that is usually between 15-20 years. When using a Lease option, you will not own the system. 

Pace Financing

  • Pace Financing is for large scale projects. Pace has a minimum loan amount of $200,000.

READY TO MAKE THE SWITCH TO CLEAN RENEWABLE ENERGY WITH SUNGRID SOLAR? GET A FREE QUOTE TODAY!