Focus on Energy Incentives (Wisconsin)
Focus on Energy just announced renewable incentives for 2017! Residential systems can receive up to $2,000 and Commercial systems are eligible for up to $4,000. Larger incentives are available through a (RECIP) competitive bidding incentive program. Contact SunVest Solar to learn more and let us help you take advantage of this exciting program.
So you’ve heard the myth that solar is too expensive…well that’s not true. With tax credits, rebates, and higher utility costs solar electric systems cost less than half of what they did even five years ago. Solar isn’t just a financial investment that will save you thousands over the life of the system, but it will also provide a healthier quality of life. Breathe easier by reducing carbon emissions and get a low risk return on your investment. Even if you don’t have the cash available to purchase a solar system, we can help you finance a system for rates as low as 5.99%. Depending on terms, solar energy value is greater than your finance payment, resulting in immediate savings.
Third Party Solar Financing (Lease or PPA)*
Third-party financing of solar energy primarily occurs through two models: power purchase agreements (PPAs) and solar leases. These models help home owners, businesses, or non-profit organizations obtain solar without the upfront cash requirements nor the need to monetize tax credits.
Under a PPA, SunVest designs and builds a solar energy system on a customer’s property at little to no up front cost. The solar energy system offsets the customer’s electric utility bill, and then SunVest sells the power generated by the solar system to the customer at a fixed rate, typically lower than the local utility.
Under a Solar Lease, a customer will lease (or rent) solar equipment from SunVest for a period of 10-20 years. In this model, the customer pays a fixed rate over the term to lease the equipment. SunVest makes the upfront investment to purchase the equipment and monetizes the tax credits. Similar leasing structures are commonly used in many other industries, including automobiles and office equipment.
*not allowed in all states and utility markets