SOLAR FINANCING OPTIONS

Geoscape Solar can leverage its extensive financial relationships with banks and other institutions to find the best type of commercial solar funding.

Business owners have a variety of options to finance their systems. Geoscape Solar’s Commercial Finance Team specializes in creating custom options tailored to our client’s financial needs. Transitioning to solar energy with a Geoscape Solar system will ultimately pay for itself in a short time and will provide years of clean, green energy.

Ample space to secure your cargo to meet your scheduling demands.

Operating leases for commercial solar systems are the most popular way to finance a solar system for your business. The lessor owns the solar system and the receives the tax benefits including depreciation and the 26% investment tax credit (ITC).

  • No upfront costs
  • Simple monthly payments
  • Terms from 6 – 10 years
  • Buy-out at the end of the lease term is usually the fair market value
  • Your business receives the electricity savings
  • Your business receives the state incentives
  • Leasing company receives the tax benefits
  • No impact on your business balance sheet
  • Preserves existing lines of credit
  • A great way to finance solar when your business can’t use the depreciation or ITC. The benefit is reflected in a lower monthly lease payment.
Ample space to secure your cargo to meet your scheduling demands.

With a capital lease, the lessee can capitalize on all tax and depreciation benefits that come with solar. However, the monthly payments are typically higher than an operating lease option. At the end of the lease term, the lessee has the option to buy the system from the financial institution.

  • No upfront costs
  • Simple monthly payment
  • Terms from 5 – 15 years
  • Your business receives the tax benefits
  • Your business receives the state incentives
  • Your business receives the electricity savings
  • Equipment is capitalized as an asset
  • Depreciated which reduces taxable income
  • Buy-out at the end of the lease term usually $1
Ample space to secure your cargo to meet your scheduling demands.

With a Solar Power Purchase Agreement (PPA), a third party owns, maintains and repairs the solar power system for 15-25 years, and your business agrees to buy a guaranteed amount of electricity for significantly less than from the utility company. You pay nothing out-of-pocket, never have to worry about the system and start saving immediately.

  • No upfront costs
  • You only pay for the electricity your solar system produces
  • Terms from 15 – 25 years
  • Your business receives the electricity savings
  • The PPA company owns the system
  • The PPA company receives the tax benefits
  • The PPA company receives the state incentives
  • The PPA company provides maintenance
Ample space to secure your cargo to meet your scheduling demands.

The Geoscape Solar Commercial Finance Team can help you secure a loan to finance your solar project. Your business will own your solar system. You get to receive all the benefits: savings on electricity, stability against the ever-increasing cost of energy, the 26% investment tax credit (ITC), state incentives, and accelerated depreciation.

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