Financing

Financing

Power Purchase Agreement

  • Similar to renting/leasing your solar system
  • Receive a lower fixed price electricity rate - lower cost per kWh and lower demand charges
  • The higher utility rates go the more you save
  • Savings start on day 1
  • Zero money down
  • Term 15-25 years
  • The solar leasing company owns and maintains your solar system
  • As owner, the solar leasing company is entitled to tax breaks, rebates and incentives including SREC’s
  • The developer is often better positioned to maximize available tax credits
  • The developer is responsible for system performance and
  • Operations & Maintenance (O&M)
  • Transferable to the new owner
  • At expiration you can renew the agreement, buy the system outright, or have the developer/leasing company remove them

Outright Cash Purchase

You pay the full cost of the system upfront. Grants full ownership and all benefits immediately to the owner. Owner takes advantage of all tax and financial incentives available, and owns 100% of the power generated through the system. Service and maintenance can be included or excluded in purchase contract.

Outright Purchase with Loan

The capital outlay is financed through a bank similar to a car loan. Grants full ownership and all benefits immediately to the owner. Owner takes advantage of all tax and financial incentives available, and owns 100% of the power generated through the system. Service and maintenance can be included or excluded in purchase contract. This is often the best option.

We all want to save money on our energy bills. Solar can help do that, sometimes in a big way, but the complexity of calculating the savings and navigating the permitting and installation process often becomes an obstacle that pushes it to the bottom of the to-do list. At STF Group we know you have concerns and questions. We want to help with the answers. We want to educate you about the costs, the incentives, how you can go about paying for it, and the benefits of going solar.