Financing

Our financial offerings are tailored to your needs

We offer financing options for solar solutions that are tailored to your specific needs.

Our team serves our clients as advisors: with each project, we make sure that you achieve both financial and energy goals. We partner with you to design a reliable energy solution that empowers your future

CAPITAL PURCHASE
PROJECT OWNERSHIP
Property Owner
PROS
Highest savings & ROI, tax benefits, fast turnaround
CONS
Large upront cost
UNFRONT COST
Full contract price
TAX CREDITS
Property Owner
TERM
N/A
PAYMENT TERMS
Milestonr payments per contract
SYSTEM SIZE
All
O&M RESPONSIBILITY
Property Owner
0% FINANCING
PROJECT OWNERSHIP
Property Owner
PROS
High savings & ROI, tax Benefits, fast turnaround
CONS
Higher contract price
UNFRONT COST
None
TAX CREDITS
Property Owner
TERM
Typically 7 years
PAYMENT TERMS
Monthly
SYSTEM SIZE
25 kW and above
O&M RESPONSIBILITY
Lessor
OPERATING LEASE
PROJECT OWNERSHIP
Lessor
PROS
No upfront costs, payments are tax deductible
CONS
No tax benefits, large payment at end of term for purchase
UNFRONT COST
None
TAX CREDITS
Lessor
TERM
7 years, buy-out and end of contract
PAYMENT TERMS
Monthly
SYSTEM SIZE
50 kW and above
O&M RESPONSIBILITY
Lessor
POWER PURCHASE AGREEMENT (PPA)
PROJECT OWNERSHIP
Financier
PROS
No money out of pocket, predictibility in energy spend forecasting
CONS
Solid credit requirements, lowest economic return
UNFRONT COST
None
TAX CREDITS
Financier
TERM
20-25 years with buy-out option
PAYMENT TERMS
Monthly for kWh produced
SYSTEM SIZE
1 MW+
O&M RESPONSIBILITY
Financier

Capital Purchase

A capital purchase is a straightforward transaction wherein the customer purchases a solar installation directly from Ideal Energy. The solar equipment becomes an asset on the balance sheet. The customer benefits from all available federal and state tax credits and will responsible for maintenance after the warranty period ends. Ideal Energy offers maintenance plans tailored to the needs of each customer.

Capital Purchase

A capital purchase is a straightforward transaction wherein the customer purchases a solar installation directly from Ideal Energy. The solar equipment becomes an asset on the balance sheet. The customer benefits from all available federal and state tax credits and will responsible for maintenance after the warranty period ends. Ideal Energy offers maintenance plans tailored to the needs of each customer.

0% Financing

In our streamlined 0% financing option, a customer purchases a solar installation at a slightly higher contract price. This contract price includes front-loaded interest payments for the loan term which are deductible by state and federal tax incentives. The transaction is recorded on the customer’s balance sheet. This financing option is subject credit approval and requires a review of the customer’s finances.

Operating Lease

In an operating lease, the customer rents solar energy equipment from a finance partner at a fixed price, typically lower than current utility electrical rates. The financier owns the solar equipment and captures any available tax credits. The cost of the system is not recorded on the customer’s balance sheet, however, lease payments can be a tax deduction.

Operating lease terms are typically 7 years. At the end of the lease period, the customer purchases the solar installation at 15% of the original total system cost. Ideal Energy designs, constructs, and maintains the solar installation for the lease period. Operating leases are typically subject to credit approval and require a review of the customer’s finances.

Operating Lease

In an operating lease, the customer rents solar energy equipment from a finance partner at a fixed price, typically lower than current utility electrical rates. The financier owns the solar equipment and captures any available tax credits. The cost of the system is not recorded on the customer’s balance sheet, however, lease payments can be a tax deduction.

Operating lease terms are typically 7 years. At the end of the lease period, the customer purchases the solar installation at 15% of the original total system cost. Ideal Energy designs, constructs, and maintains the solar installation for the lease period. Operating leases are typically subject to credit approval and require a review of the customer’s finances.

Power Purchase Agreement

A Power Purchase Agreement (PPA) allows a customer to purchase electricity generated by a solar installation over a contract period, typically 20 years. The cost per kWh generated is locked in at the beginning of the contract and provides consistent costs of electricity for the term of the agreement.

The solar is owned by a financier who contracts Ideal Energy to design, construct and maintain the array over the term of the agreement. The project financier benefits from all federal and state tax credits. The customer will have the option to purchase the solar equipment for a “buy-out” price at set times during the duration of the agreement.

Greg Vorhies

Owner, Schaus-Vorhies Manufacturing

We were looking at a five-year payback on a very low-risk investment. With savings up to $113,000 per year, how can I go wrong?

Are you ready for the power shift?

Work with an Ideal Energy expert to discover how solar can give you a competitive edge

Pin It on Pinterest