Advantages of Financing
Benefits of a financed solar solution include:
No Upfront Capital Requirements
SPG Solar will prepare a flexible financial package designed to meet your specific goals and needs. Utilizing leases or customized power purchase agreements (PPAs) – in combination with rebates, tax credits and accelerated depreciation – we can structure a 100% financed solution and create positive cash flow from day one.
Utilizing Government Rebates and Tax Credits
Rebates, tax credits, grants, and other financial incentives can pay for up to 70% of the cost of a new solar system. Solar may be simple, but financing and rebates and tax incentives vary by where you live. We know that better than anyone.
Lower Operating Costs and a Hedge Against Rising Utility Rates
Electricity gets more expensive each year. Over the last 30 years, electricity rates have risen by more than 6% per year. By installing a solar system today you are insulating your company from unknown energy price fluctuations over the life of the system.
Long Term Reliability
Some of the first solar panels were designed in the late 1950s for applications in space programs. In the 1960s and 1970s the first commercially available solar photovoltaic panels were installed, many of which are still in use today. Once installed, solar power systems require little or no maintenance and will provide electricity cleanly and quietly for 40+ years.
Supporting Clean, Renewable Energy
An average solar PV system saves thousands of tons of carbon dioxide emissions annually, equivalent to removing hundreds of cars from the road. Solar power is one of the few distributed generation options for businesses to take advantage of that do not emit any pollutants into the atmosphere and can directly reduce a company’s carbon footprint.
