Financing

Your solar professional may be able to work with you on securing financing for large projects.  These arrangements may include partnering with a third party and utilizing a Power Purchase Agreement (PPA).  This often works for government and non-profit agencies that partner with a for-profit third party to ensure all available benefits are realized.

 

Financial Benefits

Financing Options:

Solar Power Purchase Agreement (SPPA)
A Solar Power Purchase Agreement (SPPA) is an alternative to financing and owning the photovoltaic system.  It offers the opportunity to install solar power at your facility without paying upfront costs or worrying about system operation and maintenance.

PPA Benefits:

  • No capital investment
  • Provides predetermined electricity rates for term of contract
  • No operation and maintenance responsibility
  • Supports renewable energy industry and local jobs
  • Option to purchase the system at fair market value

Challenges:

  • Demands more complex negotiations and possibly higher transaction costs than buying system outright
  • Ongoing administrative costs of paying separate electricity invoices
  • The SPPA will be owned by a special purpose entity that may have limited liability and limited assets
  • The host customer may be prohibited from making changes to property that could affect solar production
 

CSI Handbook


 Read the facts from the California Solar Initiative handbook.

CSI Testimonial

"Sustainble development has always been a core value of Stone Brewing Co's business perspective; from the all-natural ingredients in its acclaimed beers to the emphasis on local, organically produced food on the menu to the Stone Brewing World Bistro & Gardens. ln line with this philosophy, installing a photovoltaic solar system on the rooftop seemed like the obvious next step. Stone Brewing is very proud to announce the new 276.9 kW system supplies the brewery with the significant portion of about 40% of its total electrical power. This saves a considerable sum of money each month! And the hefty rebate checks received are just the icing on the cake."
-Steve Wagner
Stone Brewery

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"We face a true planetary emergency. The climate crisis is not a political issue, it is a moral and spiritual challenge to all of humanity. It is also our greatest opportunity to lift global consciousness to a higher level."

- Al Gore