Commercial Solar Financing Options
Flexible Solar Financing Options for your Sonoma, Napa or Marin Business
Solar is Better Energy for Your Business
SolarCraft can help make your transition to solar energy easy and financially sound. Our team will work with you to find the best possible financing solution for your business. Financing options include cash purchase, solar loan, lease-to-own and Power Purchase Agreement (PPA). We'll review your options with you and make recommendations to assist with your decision.
Cash Purchase - Own the System and the Energy
If you have available capital and tax appetite to absorb tax credits and accelerated depreciation, you may find cash purchases to be the best option. Avoid third party expenses and interest rates - you can maintain complete control of your solar power system while realizing the highest savings from your solar investment, plus the Federal Solar Tax Credit covers 30% of the cost.
Solar Loan
Solar loans offer significant savings with no upfront cost. If you can utilize the Federal Tax Credit as well as accelerated depreciation but do not want to pay cash, this is an excellent choice. 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 system for your business.
Save Money with a Solar Lease
A solar lease allows organizations the ability to "lease-to-own" a solar system with little to no upfront costs, allowing you to reduce your initial capital investment. In many cases, the electrical savings generated from the solar system is more than what your monthly solar lease installment will be, creating an instant electricity savings!
Power Purchase Agreement (PPA)
The Solar Power Purchase Agreement (PPA) is an alternative to financing and owning the system. A PPA affords you the opportunity to install solar power at your facility without paying upfront costs or worrying about system operation and maintenance. Sometimes referred to as a "third party" ownership model. For the duration of your contract (typically 15-20 years), you'll enjoy lower, stable electricity rates along with the renewable, green energy generated from your solar power system.
