Solar Finance Companies 2017-09-18T13:18:51+00:00

Take your pick.

Whether you have tax appetite and prefer a cash deal or you want to leverage a zero-down power purchase agreement, REC Solar will work with you to maximize your finance goals. We have an in-house team ready to guide you through the cash flow analysis and weigh the options.

Solar Finance Options to Meet Your Needs

For 20 years, we have helped businesses invest in solar. One of the ways we help you maximize your investment by making the right decision about project financing.
Our Finance Options Include:
rec solar commercial financing services ppa
PPA
With a solar Power Purchase Agreement (PPA), REC Solar will design, install and operate a solar system for our customer. The customer buys the power from REC Solar for a fixed, pre-determined rate that is lower than the local utility’s retail rate, providing cheaper power for the customer while leaving the process of operating the system to REC Solar.
rec solar commercial financing services lease
LEASE
Looking to reduce your long-term energy costs without making a significant up-front cash outlay? We offer solar leasing solutions tailored to your company’s specific financial objectives.
rec solar commercial financing services cash
CASH OR
LOAN
For companies interested in owning a solar system, a cash purchase has a high return on investment and allows the business to take advantage of the federal Investment Tax Credit (ITC). If you are taking out a loan, REC Solar has approved lending partners or can work with your existing lender.

Comparing the REC Solar Financing Options

Deciding FactorsPPALeaseCash/Loan
Upfront CostNoneNoneFull Cost
OwnershipREC Solar*REC Solar*Customer Owned
Tax Credits*Given to REC SolarGiven to REC SolarGiven to Customer
MaintenanceCovered by REC SolarOfferedOffered
Term20/25 Years7/10 Years*Customer Owned

*Customers can buyout the system at the end of the PPA or Lease term, or predetermined intervals.
†Customer use of tax credits varies according to their tax situation.

If you choose to get a loan from your bank, REC Solar requires a letter from the bank confirming the loan amount.

Contact Us For A Free Estimate

Leveraging Incentives to Maximize Savings

There are lots of ways to save money by taking advantage of federal, state, industry or utility-specific programs.

Our team is made up of experts that will help you identify and secure all desired incentives.

Examples Include

PACE (Property Assessed Clean Energy) programs


REAP (Rural Energy for America Program) Grants for Agriculture projects


Federal Investment Tax Credit


Depreciation benefits


Reduced sales tax for agriculture customers

Solar Financing Company

A Unique Approach to Finance

Here are a few ways our approach to finance is differentiated:

Flexible

Whether you are looking for tax incentives, lower upfront costs or full system ownership, we have a solution to meet your needs.

Stable

Backed by Duke Energy, our Power Purchase Agreement (PPA) finance option is secure and stable.

Seamless

With an in-house finance team, we help you identify the right solution and make the process of securing financing as simple as possible.

Contact Us

Want to talk to one of our solar energy experts?
Call 844.732.7652 during business hours.
Contact Us