There are many solar financing companies out there, all with different products and services to offer solar companies like yours. You’ll want to make sure that you’re using the best one, so we went ahead and narrowed it down to the top 5 best commercial solar financing companies out there.
AVANA not only brings benefits such as lower interest rates and flexible financing, but their decades of experience in the energy industry allow them to evaluate projects objectively which can be crucial in achieving profitability.
Their team of professionals has a deep understanding of renewable energy finance including how it works, what’s involved in obtaining financing, and how to maximize project value. Avana also offers customers the option for upfront equity investments as well as tax incentives for investors. It is one of the most trusted names when it comes to finding a commercial solar financing company that will make your project profitable!
In the last year, SunPower was ranked one of the top commercial Solar panel manufacturers in the country. At the same time, they were ranked one of the top manufacturers of residential Solar panels. Additionally, they were also ranked in 2017 as having one of the fastest-growing rates and showing exceptionally strong financial performance. There is a lot that can be said about SunPower and its outstanding reputation as a reputable company, but there are plenty more benefits that come along with this company for its customers.
SunPower has focused on technological advancements over time, which help in creating efficiency. The company also focuses on consistency by maintaining close relationships with clients who have used its services. This is done by providing a high level of transparency and leadership by educating them on how they can help them maintain effective solutions that are eco-friendly. As previously mentioned, SunPower also places a strong emphasis on remaining financially sound as it continues to deliver outstanding performance, especially in regards to keeping customer investment dollars at a low cost and long-term return for all parties involved.
SunPower offers a host of benefits that include having more than two decades worth of experience in implementing efficient solutions for both residential and commercial customers. The company also puts focuses on providing large-scale systems and systems that are flexible, making it ideal for any size business looking to utilize Solar energy. They take into consideration all aspects when considering future investments as well, making sure that all options are evaluated before deciding on a solution.
Their leadership team has been instrumental in leading them towards success by offering products and services that meet or exceed industry standards. The competitive edge is definitely one of their greatest assets as they continue to improve even further while maintaining an outstanding reputation along with consistent performance across all their teams involved in offering these services.
One of the most important aspects of starting a business is getting the capital and necessary tools for operations. Commercial solar energy can be financed by working with BraggaWatt. They will not only provide you with all of the equipment needed, but they will also help you get financing through programs like ITC and Section 1603 which cover up to 30% of your costs. With that in mind, it doesn’t really matter if you’re a seasoned business owner or just starting out, there are great opportunities here!
The installation takes only three days, and it’s completely maintenance-free. All of your employees are eligible for a tax credit worth 30% of their income, and you’re eligible for even more! The down payment ranges from 2% to 20%, depending on what type of assistance you need and whether you have been doing this before. Interest rates go from 3% to 7%. BraggaWatt has a wide variety of options, so don’t worry about picking the wrong one; there is plenty for every type of person. And if worst comes to worst, call them – they’ll find a way around any obstacle!
SolarCity Section: Vivint Solar Section: Enphase Energy
SolarCity, Vivint Solar, and Enphase Energy are some of the leading commercial solar finance providers. All three offer leasing programs or power purchase agreements (PPAs) in addition to solar installation packages. SolarCity offers its own leases, and Vivint Solar offers options for Sunrun, the largest US residential provider. Enphase Energy provides an effective PPA product called Self-Powered by Enphase and offers homeowners a free rooftop assessment with no obligation.
Enphase Energy also offers an effective PPA product called Self-Powered by Enphase. This is a unique program because it provides homeowners with a low-interest loan, similar to how one would apply for a home equity line of credit. This product offers homeowners who prefer leasing or PPAs an option that allows them to pay off their rooftop system over time. The only obligation when signing up for Enphase’s Self-Powered by Enphase program is a free rooftop assessment. No cash is required in order to sign up and homeowners can still choose from any of Enphase’s rebate options and installers if they decide on purchasing their system outright rather than taking out a loan or PPA agreement.
SolarCity is also unique because they own all of its installations. This means that homeowners who want a quote for rooftop solar don’t need to call multiple installers and compare quotes, but can simply request a quote from SolarCity directly. This one-stop-shop approach saves homeowners time and effort, as well as potentially provides them a quote from one of the leading installers in their area without waiting for a roof assessment from another installer first. SolarCity offers very competitive pricing on all three of its products (installation, leases, and PPAs) which are listed on its website for homeowners to see before getting a quote.
NRG Energy Inc. Section: Sungevity
Sungevity was founded in 2007, but it was not until 2012 that the company built the nation’s first photovoltaic solar panel power plant at Georgia Tech’s home football stadium. They were also one of the first residential companies to offer Solar+Storage in 2013. Sungevity offers competitively priced financing for a variety of projects, including residential and commercial installations.
Since its founding in 2007, Sungevity has raised over $800 million in funding from venture capital investors. The company’s headquarters are located in Oakland, California.