Solar Finance
SPG Solar works with the leading solar finance partners to meet any financial situation required to make your commercial solar system economically viable. We optimize financial products, rate schedules, electricity consumption patterns and incentive structures for each of our clients as part of our project evaluation and financial modeling process.
Many businesses can be cash flow positive from Day One without a large capital outlay. Contact us today to find out how.
Cash Purchase
For many businesses, purchasing a solar powered system outright can yield the highest return on investment. This allows you to take advantage of the generous rebates and tax benefits available for installing solar. Depending on your location, these may include an upfront or performance based cash rebate, a 30% Federal tax credit, and an accelerated depreciation schedule.
Power Purchase Agreement (PPA)
Power Purchase Agreements are financial vehicles that enable customers to take advantage of the benefits of a solar energy source with no capital outlay. A third party financial institution will own, operate, and maintain the solar power system for terms of 20-25 years. Customers buy power at an agreed upon rate at or below market rates. SPG Solar works with the leading PPA providers in the industry to ensure each of our customers has the most competitive financing options for their solar project.
Lease
The same way you would lease a vehicle or a building, we can provide leases for our solar projects. With fixed monthly payments you know exactly how much to budget for your new solar facility.At the end of the lease term (typically 10 years), you’ll own your solar facility. Because solar PV modules come with a 20-25 year manufacturer’s warranty and a 40+ year anticipated operating life, these systems will deliver energy savings for years to come.