There has never been a more opportune time to secure financing for your solar project. Our in-house finance experts will guide you every step of the way and explain in detail what financial options are available for you.
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Financing Considerations for Commercial Solar Power
Commercial solar power systems are typically financed with one of two financial instruments.
For systems smaller than 200kW, a lease is generally most cost effective.
Under a lease, there is no upfront cost and the financing is secured by the solar assets themselves.
At the end of the lease there are generally several options:
- Purchase of the solar array at fair market value as determined by a third party appraiser
- Release of the array based on this FMV assessment,
- Removal of the array
For systems larger than 200kW, a Power Purchase Agreement (PPA) is possible.
Under a PPA, there is no upfront cost, and you agree to purchase only energy that is delivered by the array, at a predetermined price.
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