Solar Financing

Sensible Solar Financing Solutions

SunPeak understands that environmentally conscious investments must also be financially attainable to be effective for our customers.

This is why we help our clients seek and obtain state and federal financial incentives, as well as provide different financing structures to suit your business needs.

Here are the solar financing options we offer:

• Cash payment
• Solar Loan*. Customer borrows a portion, or all, of the required capital.
• Power Purchase Agreement (PPA). A third-party investor finances and owns the system, and sells electricity to the customer over a PPA term at a preset energy rate ($/kWh).**

*Solar Cash ROI vs. Solar Loan ROI Explained

**Solar PPA Model Explained

Everything we do at SunPeak is transparent, because we want our customers to be educated consumers of the solar products we feel passionate about, including the cost-benefit of our financing options.

No matter the financing path, your business will be protected from rising costs of non-renewable energy sources, making solar power one of the best investments you can make towards the longevity of your business.

Calculate Your ROI

SunPeak knows that every business has its own energy consumption requirements, making the return on your investment unique to you. In order to help our customers understand the value of their investment before making a commitment, we help educate them on the four biggest drivers of a project’s ROI:

• Utility Electric Rate- The higher the existing cost of electricity, the higher the solar ROI.
• Investment Tax Credit (ITC)- Federal tax credit of 30% of project cost.
• MACRS depreciation- Accelerated cost recovery
• Debt Financing / Leverage. Bank financing increases return on equity (cash-on-cash).

For additional help in calculating the return on your solar investment, request a solar financial analysis for your facility

Additional Financial Incentives Available

Every state has its own renewable energy incentives in addition to the federal incentives.  For more information visit the Database of State Incentives for Renewables & Efficiency®

Other programs include:

PACE Financing and Focus on Energy.

Our solar experts are here to help you calculate the ROI of your investment, as well as financing incentives and opportunities available to you. Connect with us through our contact page to get started.