Financing Option

 What is it?
A solar loan allows you to finance the upfront cost of a solar Microgrids system and pay it off over time — just like a car loan or mortgage. You own the system, and all savings and incentives go directly to you.

How it works:

• You apply for a loan through our partners.
   
• Once approved, you make monthly payments over a set term (e.g., 5–25 years).
  
   

Benefits of Solar Loans:

• Ownership: You own the system outright once the loan is paid off.
   
• Incentive Access: Keep all federal, state, and local tax credits, rebates, and SRECs (where applicable).
   
• Increased Property Value: A solar-powered property with a paid-off or assumable loan can increase resale value.
   
• Predictable Payments: Fixed monthly payments can replace fluctuating utility bills.
   
• Long-term Savings: More cost-effective over time than TPO.

What is it?
Under a TPO agreement, a third-party (usually a solar provider or investor) owns the solar Microgrids system and you pay for the energy it produces through a lease or Power Purchase Agreement (PPA).

How it works:

• You sign a lease or PPA with a third-party owner.
   
• They install, own, and maintain the system on your property.
   
• You pay a fixed monthly lease rate or per kWh for the electricity used.
   

Benefits of TPO:

• No Upfront Costs: Ideal for those who want the benefits of solar without the initial investment.
   
• Maintenance-Free: The third party handles all operations, monitoring, and repairs.
   
• Immediate Savings: Lower energy rates from day one compared to utility prices.
   
• No Hassle: Simple setup, with long-term support and performance guarantees.
   
• Flexible Terms: Options for buyout, renewal, or removal at the end of the term.