Cash Purchase – Own the system and the energy
Own the Solar Power SystemThe simplest path to financing a commercial solar project is to purchase the system directly. You buy and operate the solar installation which allows you to directly benefit from any available federal, state and local solar incentives.
If you have available capital and tax appetite to absorb tax credits and accelerated depreciation, you may find cash purchases to be the best option.
Solar Cash Purchase Benefits
- Quick, Streamlined Process
Reduce the total time required for a solar project and begin benefiting from clean, solar electricity as quickly as possible.
- Attain Greatest Potential Savings
By avoiding third party expenses and interest rates, you can maintain complete control of your solar PV energy system while realizing the highest savings from your solar investment.
- Efficient Application of Incentives
The owner of a commercial solar installation is eligible for a federal investment tax credit, worth 30% of the system value. When combined with additional state and local rebates, the cost of a commercial solar power project can be offset by 50% or more.
- Protection from Rising Electricity Prices
Secure a low electricity rate for the lifetime of the system and reduce your exposure to volatile energy rates.
- Promote Clean Energy
Take advantage of Renewable Energy Credits (RECs) and promote your organization’s corporate social responsibility message by becoming a solar powered company.