Commercial Financing Solutions
Save Money With No Investment. Explore Partial Investment Options. SolFarm Solar offers a simple way to go solar. Through a Power Purchase Agreement (PPA), you will save on your energy bill and we simply handle the rest.
How Do PPAs Work?
SolFarm Solar's network of financiers invest their resources into solar investments. Through a power purchase agreement, our financiers will pay 100% of your installation costs and manage the system for 25 years. Because our partners cover this cost, they gain ownership of the tax incentives and solar rebates associated with the system on your roof. Part of those savings stay with our financiers; the rest is passed on to you in the form of a solid discount on your energy bill.
At year 6, you have the option to buy back your system at fair market value, which is usually 35% of the installation cost. In the financier world, this is known as a partnership flip. Shall you prefer to remain hands free, our financiers will keep ownership of the system.
How Do Joint Ventures Work?
If you are interested in sharing your solar investment with our financiers, it is possible to commit 25-50% of the system cost and leave the rest to us. Our finance team can create Joint Ventures and Special Purpose Vehicles for your project, to help facilitate the system you need. In these structures, the building owner and our financier share the financial benefits of the solar investment. To learn more about these unique opportunities, contact us!
- Power Purchase Agreement: 20 to 25 years. Customer pays 5-10% less than current electric rate for 25 years. The savings grow over time -- as energy prices rise with inflation. Our financiers own the system.
- PPA Partnership Flip: 6 years. Customer pays 5-10% less than current electric rate for 6 years, while our financiers own the system. At year 6, our customer chooses to "buy back" the system at fair market value - usually 35% original cost.
- Joint Venture. 50/50 or some variant. Tax credits, rebates, depreciation and utility savings are split depending on investment and tax burden of customer and financier.