If you’ve held back from installing solar due to the upfront capital cost, there are solutions to help you spread the load.
Solar power helps business owners save money on their energy costs and at the same time works to reduce pollution. However, upfront capital costs of a solar system can be daunting and a potential drain on reserves. Spreading costs through short or long term finance is an attractive and cost-effective way of saving valuable capital and using the solar system to lower your power bill while making repayments.
A wide range of finance options is available, from $0 upfront with long term repayments to lease of equipment, chattel mortgage, straight loan and power purchase agreement (PPA).
A number of finance companies, suppliers and installers offer a selection of these products. As in all financial transactions, it is important to read documents thoroughly and understand your commitments; it is a case of buyer beware. We do not recommend any particular company or product.