Best Ten Motives To Lease Your Company's Solar Power Array
By installing a solar generating array,you are demonstrating an knowledge of sustainability methods and an engagement with your local community, incorporating distinction to your brand in addition to producing a good work environment that employees not to mention their customer's value.
Also presently, companies receive the additional benefits of no fee interconnection and Net Energy Metering (NEM).
Thousands of California businesses have decided to "Go Solar" for the reason that the sun's energy is reliable and can stabalize costs on monthly bills simply by producing power needs when electricity fees can be at their highest.
Solar Power System Lease and Net Energy Metering: NEM is a wonderful billing strategy that allows your business to receive credit pertaining to the full retail value associated with the energy its system generates and exports to the electricity grid. Your trusty special net energy meter keeps track of the electrical energy your commercial generates and consumes. Over a 12-month period, your business will pay for the net amount of electricity that is delivered to it by the utility, less any generation export credit that has been accrued- saving your business money.
Solar Energy Lease Provides 100% Loan. No out-of-pocket costs. No down payments. Absolutely no deposits. No initial cash outlay.
Optimal Use of Solar Tax Benefits - Federal solar tax credit together with accelerated depreciation lower the lease payment.
Renewable Energy Credits and Carbon Credits - Each relevant and credits benefit the client's account.
Fixed Payments for the Lease Duration - Fixed monthly lease payments represent a significant hedge against increasing energy rates.
Expensed Lease Payments - Most leases are considered "true leases" with respect to tax purposes, with the lease payments treated as an operating cost.
"Operating Lease" Accounting Treatment method - The majority of leases meet FASB criteria for off balance sheet, "operating lease" accounting treatment.
Retain Credit Lines - Leasing represents an alternative source of resources. Standard bank lines remain intact for other uses.
Fixed Buy Out Option
Structure the lease to offer a fixed- not fair market value- purchase option at the end of the lease time period.
Renewal Options
Attractive renewal options are available with each individual lease.
Savings
Solar offers huge cost savings over paying high utility rates both now and over the long term- see our lease cash flow evaluations.
Commercial Solar System Lease Step-by-step Flow
1) Economic cash flow comparison of the lease payments vs. utility expenditures.
2) Lease proposal signed and submitted for financing authorization, along with the company's financial statements.
3) Commitment letter issued.
4) All lease paperwork prepared for execution.
5) Construction begins.
6) Final acceptance of the finished and working solar system, commencing the lease.
Best Ten Motives To Lease Your Company's Solar Power Array
Thousands of California businesses have decided to "Go Solar" because solar energy is reliable and can cut on monthly bills by generating power needs when electricity prices can be at their highest.
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