Commercial Solar Financing Arizona
Other arizona solar incentives are available including tpt and property tax incentives.
Commercial solar financing arizona. Your dedicated solar energy advisor will help you understand apply for and manage the solar energy financing process to get the most out of your solar energy investment. Take advantage of solar policies and incentives related to commercial photovoltaic solar systems and help reduce your utility costs. Nrel information on solar energy financing a consumer s guide to getting power from the sun. Wunder provides construction and term financing for commercial solar projects.
The solar program achieves this goal by providing an arizona income tax credit to offset the cost of installation of a qualifying solar energy device at an arizona business facility. Solar energy financing solar green loans solar energy financing 0 down options monthly payments as low as 69. Ppa takeout solutions for 100kw commercial non profit projects with both rated unrated energy consumers. As of january 1 2019 the arizona state tax credit for commercial solar projects has been discontinued by the arizona legislature.
A ppa affords you the opportunity to install solar power at your facility without paying upfront costs or worrying about system operation and maintenance. If you choose to own your system rather than lease it you may receive this credit on your taxes enough to cover two 10 game ticket plans to the suns this year for you and a. Financeable project structures range from traditional commercial solar ppas to feed in tariffs community solar developments and unrated credit offtakers to name a few. Very few financing options with investors focused on residential utility scale solar.
Wunder s dedicated team will always work directly with you to get your unique project financed. The solar industry in arizona is supported by the state government which offers a 1 000 state tax credit for homeowners who go solar and own their systems directly. The solar power purchase agreement ppa is an alternative to financing and owning the system. Sometimes referred to as a third party ownership model.
Arizona solar financing requirements. Our financing specialists have established relationships with respected developers and panel manufacturers and can tailor a financing plan for photovoltaic pv solar systems for your business. The solar program is administered by the arizona commerce authority aca.