We understand the finance stage of a project can be complex. But Ten K will guide you through each option available to ensure your complete satisfaction. Our team will connect you with our Network of partners.
A solar power purchase agreement delivers immediate energy savings for your company with no money down.
Take advantage of predictable monthly payments with the ability to purchase it in the future.
Increase your property value with no out-of-pocket costs.
Take control of your energy rates and own your own PV system.
If you want simplicity, a Power Purchase Agreement (PPA) may be for you. In a PPA contract, a third party owns and maintains the solar array and you merely pay them for the energy it generates.
Lease finance is often a little more forgiving of credit rating than a PPA. It can enable much larger systems for those customers who don’t meet PPA credit requirements because cashflows are based on equipment cost and not energy generation. Buyout terms can also be more flexible at the end of the lease.
Property Assessed Clean Energy (PACE) allows you to attach solar financing costs to your property tax assessment, resulting in very low borrowing costs. PACE Financing is available in many states. See if your state qualifies.
Your energy savings are maximized if you pay cash for your system, since you save financing costs as well as energy costs. Cash purchase is not for everyone, but for some solar is a great way to put cash to work and insure a nearly risk-free return.
The Ten K Team is ready and waiting to serve your project with the best option for you and your customer. No matter which option you select, it will be a quick and easy way to obtain the most advanced PV systems in the world. Let’s begin here: