Solar Financing
Dealing with the financing and incentives for solar power systems can be time-consuming and confusing. Solar Development can help you navigate this process with confidence. Solar Development can assist you with the rebate application process, arrange financing for the purchase of the solar array, and give advice on tax incentives and depreciation.
Rebate Payment Assignment
Solar Development can also significantly reduce the initial cash outlay for the solar power system by “carrying” the rebate for systems with one-time cash incentives. These rebates are paid out only when the contract is complete, and the system is tested and switched on. Rebates are usually a significant portion of the system value, meaning that a customer would be expected to pay the full value of the contract and then wait for the payment of the rebate at the end of the project. For qualifying customers, the rebate payment can be assigned to Solar Development so that you will only be charged the value of the contract less the rebate amount. This reduces the burden on your company and improves your cash flow.
Power Purchase Agreement (PPA)
Over the years, solar energy has become more cost competitive
with traditional electricity prices. However, not all organizations
have access to the up-front capital needed to invest in a
solar energy system. PPA’s provide an innovative solution
to this dilemma.
More on solar financing..
