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GreenSpark’s new solar-specific financing partnership offers loans for businesses of all sizes, including small to medium-sized companies. What does this really mean? More local companies can now access solar energy and utilize the many benefits, with $0 capital investment.
$0 down financing
With GreenSpark’s new commercial solar financing partner, you can finance up to 100% of your solar project. What does this mean for the businesses we work with?
- Owning your solar array maximizes the economic benefits of solar
- Low monthly payments protect against rate hikes from utility companies
- Great low interest rates
- Loan terms from five to 20 years
- Immediate monthly savings and positive cash flow
Invest in your company instead of the utility
Swap a fluctuating utility payment for your consistent solar loan payment and once your loan is fully paid off, enjoy free electricity for the remainder of the 25-year production warranty and beyond.
Plus, businesses can secure the full solar tax benefits and incentives, including a 30% Federal Investment Tax Credit, NYSERDA’s NY-Sun Program incentive, and depreciation. Additional incentives may be available depending on your business and project.
Why go solar?
- Reduce operating costs and increase business profits
- Benefit from a strong return on a stable investment
- Achieve corporate sustainability and ESG goals
- Maximize available incentives, including a first-come first-served NYSERDA block grant
- Gain an edge on competition and create new marketing opportunities
