Pineal Energy
Investment Tax Credit (ITC), Commercial - 30% Federal MACRS, Bonus Depreciation - 80% (2023 Place in Service)
Solar and Battery Storage
For qualified customers
$0 Money Down
25 year warranty on panel and equipment
Solar Land Lease
Qualified land owners
Potential Passive Income
25 year lease
Pay for complete ownership
Complete Ownership
Pay in full and own outright
25 year warranty on panels and equipment
Solar and Roof Replacement
For qualified buildings
$0 Money Down
25 year warranty on panel and equipment.
Commercial Solar PPA
For Qualified Businesses
$0 Money Down
25 year warranty on panel and equipment
The different types of solar financing for commercial and industrial buildings are similar to those for residential properties, but with some additional options. Some common types of solar financing for commercial and industrial buildings include:
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Power purchase agreement (PPA): Like residential PPAs, commercial and industrial PPAs allow you to purchase solar energy from a third-party provider at a fixed rate per kilowatt-hour. This can be an attractive option for businesses that want to go solar without having to make a large upfront investment.
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Solar lease: A solar lease can also be an option for commercial and industrial buildings, allowing you to lease the solar panels from a provider who will install, maintain and own the equipment. This can be a good option for businesses that don't want to take on the risk of owning and maintaining the solar panels.
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Solar loan: A solar loan can be a good option for businesses that want to own their solar panels and take advantage of tax incentives and other benefits that come with solar ownership. A solar loan can be used to finance the purchase and installation of solar panels, and the loan is repaid over time with interest.
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Energy-efficient mortgage (EEM): An EEM is a type of mortgage that allows you to finance energy-efficient upgrades to your commercial or industrial building, including the installation of solar panels. This can be a good option for businesses that are already in the process of buying or refinancing their building.
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Property-Assessed Clean Energy (PACE) financing: Similar to residential PACE financing, commercial and industrial PACE financing allows you to finance the purchase and installation of solar panels through a special assessment on your property taxes. This can be a good option for businesses that want to make energy-efficient upgrades without having to make a large upfront investment.
It's important to research and compare the different types of solar financing available to find the best fit for your business's needs and budget.