Commercial Solar Financing Hawaii
Ppa takeout solutions for 100kw commercial non profit projects with both rated unrated energy consumers.
Commercial solar financing hawaii. The initial interest rate is 0 00 for the 24 month initial period followed by a fixed term and rate for 96 months. The clean energy loan loan program is subject to borrower qualification and underwriting guidelines. Compare solar loans and solar leases on energysage to determine which one is right for you. Solar loans and solar leases each have advantages and disadvantages.
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. Take advantage of solar policies and incentives related to commercial photovoltaic solar systems and help reduce your utility costs. Financeable project structures range from traditional commercial solar ppas to feed in tariffs community solar developments and unrated credit offtakers to name a few. Hawaii pacific solar through several partnering arrangements offers various forms of financing for its residential customers.
1 the 30 federal tax credit 2 the 35 state tax credit and 3 net metering. Use this hawaiian electric locational value map to see if an area has availability to connect solar power to the grid. Both options reduce your monthly electricity bills and your impact on the environment but the terms and conditions of each type of agreement are different. These include standard loans with varying terms and also a lease program.
Wunder provides construction and term financing for commercial solar projects. A ppa affords you the opportunity to install solar power at your facility without paying upfront costs or worrying about system operation and maintenance. Commercial solar financing rec solar commercial corporation 2020 04 23t06 04 56 07 00 take your pick. The commercial non profit sectors have been vastly underserved.
The solar power purchase agreement ppa is an alternative to financing and owning the system. Very few financing options with investors focused on residential utility scale solar. The potential savings from going solar in hawaii are very real. Whether you have tax appetite and prefer a cash deal or you want to leverage a zero down power purchase agreement rec solar commercial solar financing will work with you to maximize your finance goals.
Sometimes referred to as a third party ownership model. Wunder s dedicated team will always work directly with you to get your unique project financed.