Get a Big Impact for Zero Down
At Sea Bright Solar, we do not benefit from the way that you finance your solar project, but we have finance partners who can help find the right solutions for you. As a solar leader for nearly 20 years, we are dedicated to helping customers get the power they need at a price they can afford. We will also assist you in assuring that you receive all available benefits for federal and state tax credits and other solar incentives. The most common ways that our customers have financed their projects are below.
Cash Purchase
If you have the financial resources available, purchasing your commercial solar system delivers the greatest long-term savings and return on investment. From 2023 to 2032, you may be able to recover up to 30% of your system costs through tax incentives. Your energy savings will pay for the system in a few short years, with decades of free electricity to follow.
- Claim tax incentives
- Your system will pay for itself with savings on your utility bills
- Increase your property value
Solar Loan
You own your solar system and pay for it with a loan. You can pay off your loan at any time without penalty.
- No upfront costs
- Claim tax incentives: 30% ITC!
- Loan term up to 20 years
- 25-year product warranty
- Low payments & immediate savings
Power Purchase Agreement (PPA)
Do you want low-priced solar power but don’t want to own or maintain the equipment? With a PPA, a third party owns, maintains, and repairs the solar power system for 15–25 years, and you agree to buy a guaranteed amount of electricity for significantly less than from the utility company. You pay nothing out-of-pocket, never have to worry about the system, and start saving immediately.
- No out-of-pocket or ownership costs
- Low price per kWh
- PPA provider claim tax incentives
- 20-year production guarantee
- Low payments & immediate savings
- System Size > 100kW
Property Assessed Clean Energy (PACE)
The Property Assessed Clean Energy (PACE) model is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property.
- Payment comes as a line item on your bi-annual property tax bill
- The interest portion of your payment may be tax-deductible
- It is an “off-balance sheet” payment
- Customers can monetize tax benefit