In celebration of Juneteenth, all Tech CU branches and the Member Contact Center will be closed Friday, June 18, and Saturday, June 19. Our San Francisco branch will reopen Tuesday, July 6, observing state safety protocols. Please remember you can also bank with us online or through our Tech CU Virtual Branch.
Click here for open branch locations and hours.
The right financing choice depends on your ability to use the solar tax incentives – a 30% energy credit and the ability to expense the system in the first year. If your business has enough Federal taxable income to use the solar tax incentives, our solar loan is the right choice.
We finance the full equipment price so no cash investment is required. The system usually generates positive cash flow over the loan term because the combination of utility bill savings and tax incentives over the loan term are greater than the debt service.
We finance from $100,000 to $3 million with loan terms from five to ten years.
If you are a business that is considering financing solar, contact us and we will help you structure a loan or lease that works for you.
Two big tax incentives are available when you install solar:
The combination of these incentives reduces the cost of solar by 55% to 70% depending on your tax status.
If you don’t have enough taxable income to use the incentives, we provide a lease financing option(link this to the new page we’ll create below for leasing).