Commercial Solar Financing Hawaii

The clean energy loan loan program is subject to borrower qualification and underwriting guidelines.

Commercial solar financing hawaii.

The commercial non profit sectors have been vastly underserved. Very few financing options with investors focused on residential utility scale solar. Aside from saving money on your monthly electric bill there are other key incentives that help solar ownership in hawaii make sense. Whether you have tax appetite and prefer a cash deal or you want to leverage a zero down power purchase agreement rec solar commercial solar financing will work with you to maximize your finance goals.

Compare solar loans and solar leases on energysage to determine which one is right for you. Ppa takeout solutions for 100kw commercial non profit projects with both rated unrated energy consumers. Hawaii pacific solar through several partnering arrangements offers various forms of financing for its residential customers. These include standard loans with varying terms and also a lease program.

Our financing specialists have established relationships with respected developers and panel manufacturers and can tailor a financing plan for photovoltaic pv solar systems for your business. A ppa affords you the opportunity to install solar power at your facility without paying upfront costs or worrying about system operation and maintenance. Hawaii pacific solar is also an approved contractor under the state gems program which provides on bill financing to residential. Take advantage of solar policies and incentives related to commercial photovoltaic solar systems and help reduce your utility costs.

The initial interest rate is 0 00 for the 24 month initial period followed by a fixed term and rate for 96 months. The potential savings from going solar in hawaii are very real. 1 the 30 federal tax credit 2 the 35 state tax credit and 3 net metering. The solar power purchase agreement ppa is an alternative to financing and owning the system.

Both options reduce your monthly electricity bills and your impact on the environment but the terms and conditions of each type of agreement are different. Wunder provides construction and term financing for commercial solar projects. Use this hawaiian electric locational value map to see if an area has availability to connect solar power to the grid. If you are ever unsure about the legitimacy of a notice you receive regarding a loan with the hawaii green infrastructure authority we encourage you to contact us via email at email protected or call 808 587 3868 before responding to the notice.

Financeable project structures range from traditional commercial solar ppas to feed in tariffs community solar developments and unrated credit offtakers to name a few. Commercial solar financing rec solar commercial corporation 2020 04 23t06 04 56 07 00 take your pick.