While some businesses and government entities finance their large-scale solar power installations using tried-and-true financing vehicles such as long-term debt, municipal bonds, bank loans, operating leases and standard project financing, many organizations today are choosing to go solar through a recent financing innovation known as a “power purchase agreement.”

In a power purchase agreement (PPA), a separate company finances and owns the solar system and then sells you, the end user, the electricity. This enables you to manage your organization without the hassles or up-front costs of ownership while enjoying all the advantages of going solar, including predictable long-term electricity costs.

REC Solar also helps you with the bureaucratic process. Getting the state rebate for a solar power installation often requires a complex process before the state will issue the rebate, necessitating substantial paperwork, site inspections by your utility company and resulting processing delays. But when you go solar with REC Solar, you won’t need to worry about any of this!

First, we help you fill out the necessary forms. And unlike most solar installers, REC Solar can credit you with your rebate before the state issues it to help you maximize cash flow from your solar system purchase.