Financing Commercial Solar | PPA, Lease, Cash


REC Solar provides businesses with flexible financing options to achieve the most financially beneficial commercial solar project.

 

COmmercial Solar FINANCING


REC Solar will provide your business with solar financing options and compare the different cash flows and returns. Unlike firms that present only one option, our consultants will work with you to determine the right financing strategy for your organization.
 

 

 

Power Purchase Agreement

A solar PPA is now the most popular method for businesses to take advantage of solar for no money down. Our partner, Duke Energy, guarantees financing for customers with good credit, which means you don’t pay anything up front – we'll take care of the rest!


KEY BENEFITS OF A PPA:*

  • No up-front cost;
  • No maintenance costs;
  • No performance risk;
  • Long-term, stable energy prices lower than you currently pay.

OUR PPA PROCESS:

  • REC Solar experts evaluate your site for FREE.
  • We propose a long-term energy savings plan for your facility.
  • You sign a standard PPA to buy clean electricity at a lower cost than grid rates.
  • Duke Energy guarantees financing for customers with good credit.
  • REC Solar installs and maintains solar on your property... with NO UP-FRONT COST!

*Assumptions based on standard PPA terms and future utility rate increases.

 
Solar PPA Financing Savings

WHO IS A PPA RIGHT FOR? 

Organizations that...

  • Are seeking to reduce electricity bills immediately with no upfront cash outlay.
  • Have limited appetite for tax credits.
  • Are seeking control and stability in their monthly energy charges.
  • Are looking to limit the risk of rising electricity prices.
  • Want to demonstrate a firm commitment to sustainability and their local community.

 

Lease Agreement

 

Looking to reduce your long-term energy costs without making a significant up-front cash outlay? We offer solar leasing solutions tailored to your company's specific financial objectives.


KEY BENEFITS OF AN OPERATING LEASE:*

  • Higher long-term savings potential compared to PPA;
  • Low up-front costs, currently considered off balance sheet;
  • Locks in a low, consistent monthly payment to help stabilize and reduce your total energy expenses;
  • Provides a path to full system ownership after 10 years.

OUR LEASE PROCESS:

  • REC Solar experts evaluate your site for FREE.
  • We propose a long-term energy savings plan for your facility.
  • Our team installs and maintains the solar system on your property.
  • You have a path to purchase the system after 10 years.

*Assumptions based on standard agreement terms.

 

WHO IS AN OPERATING LEASE RIGHT FOR? 

Organizations that...

  • Are seeking to reduce electricity bills immediately with limited upfront cash expenses.
  • Have limited appetite for tax credits.
  • Are seeking long-term stability in their monthly energy charges.
  • Want to eventually own their solar system and achieve higher long-term savings.
  • Want to demonstrate a firm commitment to sustainability and their local community.

 

Cash or loan purchase


For companies interested in owning a solar system, a cash or loan purchase is a viable option that can achieve a high return on investment. Companies choosing this option typically have tax appetite with the desire to take advantage of the federal Investment Tax Credit (ITC), which is currently set at 30% of the system cost.


KEY BENEFITS OF A CASH PURCHASE:*

  • Highest long-term savings potential;
  • Receive immediate tax benefits through ITC and other state and local incentives;
  • Lock in low, long-term energy prices based on system performance.

THE PURCHASE PROCESS:

  • REC Solar experts evaluate your site for FREE.
  • Our team designs and engineers the ideal system for your site based on a variety of factors, seeking to maximizing ROI and company-specific financial goals.
  • Customer pays REC Solar to build the solar system according to defined construction milestones.
  • REC Solar maintains the solar system on your property through an operations and maintenance agreement.

*Assumptions based on standard agreement terms.

 
 

WHO IS A CASH PURCHASE RIGHT FOR? 

Organizations that...

  • Are seeking the best long-term return on investment from their solar system.
  • Could immediately utilize tax credits.
  • Are seeking long-term stability in their monthly energy charges.
  • Are comfortable with ownership responsibilities including operation and maintenance costs.
  • Want to demonstrate a firm commitment to sustainability and their local community.