Project Financing
Experts in project financing providing our customers market-leading revenues or savings, secure long-term ownership, and experienced operations and maintenance over the life of the system.
PROJECT FINANCING
Prism Solar have extensive solar project financing experience. We work with our commercial clients to develop projects in partnership with leading financiers who understand the complexities in different states and jurisdictions.
Having developed our own financing structure to own and operate projects, we understand the challenges facing both the customer and financier and provide a turn-key solutions from inception, through to energization and operations.
Access structured financing that can provide building owners with long-term revenue, or ongoing energy savings via a zero out-of-pocket rooftop lease
Experts in tax levered partnership-flip project financing for both Community Solar and Net Metered third-party owned projects
Experienced in grant program submissions such as Solar for All – a DC based program that provides energy to qualified low-income residents
FINANCING SOLUTIONS
As businesses increasingly embrace renewable energy, commercial solar financing has become a pivotal tool for companies looking to reduce their carbon footprint, lower energy costs, and enhance their sustainability credentials. One of the most innovative and flexible financing options in the solar industry is the rooftop lease. This financial solution empowers businesses to harness the power of solar energy without the need for large upfront investments.
KEY BENEFITS OF ROOFTOP LEASES
No Upfront Costs
One of the primary advantages of rooftop leases is the absence of significant upfront costs. Under this financing model, a third-party solar provider installs and maintains the solar panels on your commercial property. This arrangement allows businesses to benefit from solar energy without the burden of large capital expenditures
Steady Income Stream
Solar lease revenue offers property owners a reliable source of income. By leasing your unused space to solar companies, you can earn regular payments, often on a monthly or annual basis. This income can provide financial stability and a predictable revenue stream.
Immediate Savings
Rooftop leases provide immediate cost savings, as businesses can purchase the electricity generated by the solar panels at a predetermined, often lower, rate than what they would pay to their utility company. These savings can be reallocated to other essential business operations or invested in further sustainability initiatives
Maintenance and Monitoring
With a rooftop lease, the responsibility of maintaining and monitoring the solar system falls on the third-party provider. This means that businesses can focus on their core activities, while the solar provider ensures the system operates efficiently and effectively throughout its lifespan.
Environmental Benefits
Rooftop leases are not only financially attractive but also environmentally responsible. By generating clean, renewable energy, businesses reduce their carbon footprint and contribute to a greener, more sustainable future.
Lease Duration Flexibility
Rooftop lease agreements typically offer flexibility in terms of lease duration. Businesses can choose lease terms that align with their long-term goals and financial plans.
Commercial rooftop leases offer an innovative and sustainable way for businesses to transition to clean, renewable energy sources without the need for substantial upfront investments. This financing option is a game-changer in the world of commercial solar financing, enabling businesses to unlock the benefits of solar power while simultaneously reducing their environmental impact and operating costs. As the world continues to shift towards sustainable energy solutions, rooftop leases stand at the forefront of the solar revolution.