Financing and Incentives
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Business Energy Services—Making Every Aspect of Your Project Affordable
While the benefits of solar energy systems are attractive to both businesses and homeowners, the idea of paying for your system may be holding you back. Plus, when you add on extras like energy storage systems and LED lighting to make your system more efficient, you may start to worry about the cost even more. Not to worry; at Solar Gain, we help businesses and homeowners pay for their solar systems with various commercial solar financing options and solar tax incentives. When paired with solar systems, these additional energy saving services can be rolled into your solar financing and incentive options, while also taking advantage of specific incentive programs. Our solar panel financing options along with our financing options for additional business energy products help to make your project affordable.
Solar Panel Financing to Make Solar Possible
If you are a business or homeowner looking to make solar upgrades, financing options incentives can help you get there.
LED Lighting
LEDs are highly efficient, emit less heat, and provide excellent lighting when compared to incandescents or fluorescents. Not only that, but they work very well when paired with a solar energy system. With LEDs, you maximize your energy savings because your facility doesn’t require as much power from your solar panels. A solar energy system combined with LED lighting lessens your dependence on expensive utility energy, so you can get the most out of your solar panels system.
Depending on where your business is located, you can take advantage of specific incentives which make the adoption of LED lighting cheaper. Many utilities in Arizona and California, including APS, TEP, SDG&E, and PG&E, have specific programs which can help to cover some of the cost of LED lighting.
Our team of experts can help you uncover even more incentive options that may help you pay for LEDs. Contact us to discuss LED financing and incentive options in greater detail.
Energy Storage Systems
Energy storage systems help you to store energy for backup when you need it the most. Not only that, but you can also avoid higher time-of-use rates. Time-of-use rates are rates that you pay to your utility company during “peak hours” when demand for electricity is high, typically in the afternoon or evening when your solar system isn’t producing enough energy to cover all your needs.
No doubt, an energy storage system makes your solar system more efficient and helps you to save even more money. Fortunately, Solar Gain helps you take advantage of this technology at a cost that you can afford with financing and incentives.
Federal Income Tax Credit
The Federal Income Tax Credit (ITC) can be applied to an energy storage project if that project is charged by renewable energy over 70% of the time. The more electrical charge comes from solar or wind, the more money you will receive back on your business’ taxes. A storage system that receives 70% of its charge from renewable sources can take 70% of the 30% federal tax credit; alternately, if the system is charged exclusively by solar power, it can take 100% of the ITC.
We will work tirelessly to find all the financing and incentive options applicable to your energy storage system. To chat in further detail with one of our experts, contact us.
Electric Car Chargers
Electric car chargers use energy from the sun to power electric vehicles. We provide charging solutions for several types of electric vehicles, and a number of financing options to help make this technology affordable.
As a business owner, you may be able to take advantage of a local rebate program for electric vehicle charging. In California, small business owners can take advantage of the EV Charging Station Financing Program, which offers loans up to $500,000 for the design, installation, etc of these systems. In addition, many municipalities and utilities are supporting EV charging stations independently as well. To discuss financing options specific to electric car chargers, contact a member of our team.
Finding the Best Financing Options for You
Solar Gain is committed to helping businesses and homeowners find the best financing option for their project. During our commercial or residential process for solar projects, we explore every option available to you—including solar loans, solar leases, and PPAs—before we move forward with a project. We also look at every available incentive to offset the cost of your project. No matter what upgrades your project entails, we aim to lower your costs and turn your dream project into a reality.
To learn more about financing and incentive options, contact our team today.
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