Solar Power: Good For Business

Solar is within reach-we’ll show you how.

Many Business owners will pursue the solar project as a cash investment. In this case, the business owner will experience an average return of 3.5 years and an average ROI of 15%. With outright ownership the business will collect the ITC (30% Federal Tax Credit), SRECS, MACRS Solar Depreciation, Energy Savings and an Increase in Property Value.

The Second option is a solar loan that can bring about the benefits of a cash purchase while maintaining operating capital for a business. Green Power Energy has low interest solar loans available for flexible terms. In this option the customer still collects the benefits of solar incentives (Tax Credit, Depreciation, SRECS, etc.) while limiting the out of pocket expense. In most cases the business is cash flow positive on the agreement from the start because the power savings and incentives will generally outweigh the loan payments.

Other businesses choose to enter into a PPA (Power Purchase Agreement). In this option your solar system can be installed for $0 Out of Pocket. You will enter into an agreement with a solar financier with the advantage being a lower, controlled, and locked in rate of electricity for years to come. We will simply calculate your average rate and integrate you with a rate for solar that is far less than the current rate. This saves the average business’ owner thousands of dollars over the term and allows them to hedge against rate increases and reduce their bottom line without expending capital.