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  • Solar Lease 

    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).

    In a lease, the system is acquired by an investor who can use the incentives.  The investor passes the value of the incentives though to you in the form of lower payments and you acquire the system at the end of the lease.

    These tax incentives are available only to for-profit companies.  Non-profits and government entities don’t qualify, but solar can be financially attractive even without the incentives.

    If your business doesn’t have enough federal taxable income to use the solar tax incentives currently, a solar lease is your best option. Many businesses don’t have enough taxable income to take advantage of the solar tax incentives. Some are pass-through entities and can’t use the incentives because the company doesn’t pay taxes. Others are taxed as corporations but have substantial depreciation or loss-carry forwards which limits their taxable income.

    With a solar lease, we own the system and pass the value of the solar tax incentives through to you in the form of lower payments.  A lease requires no cash investment and the system usually generates positive cash flow over the lease term because utility bill savings are greater than the lease payments. 

    We provide lease financing for systems from $100,000 to $3 million and offer lease terms from five to ten years. 

    At the end of the lease, you exercise an option to buy the system – typically for 20% to 30% of its original price.

    Because of the size of the tax incentives, your total lease payments, including the purchase of the system at the end of the lease, is actually less than the system price.

    If you are a business that is considering a leasing option for solar, contact us and we will help you structure a loan or lease that works for you.

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(800) 553-0880

For new loan related inquiries, call

(877) 988-0471

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