Financing - 15 year fixed 2.99% APR financing. Available to highly qualified businesses within our service territory and in combination with an installation designed, engineered and installed within our group of approved companies.

SolarOne™ 2.99% APR fixed rate financing is America's most competitive Solar Financing, compare with BANKS or PACE at 6.00% or higher.  A $138K savings on interest on a $500,000 15 year loan.  Using financing or leverage will increase your internal rate of return (IRR) substantially versus paying cash. A 7%-8% return on cash invested can increase to 25% or more on cash invested when using leverage, particularly with long term financing. Solar only makes sense if the business is profitable at EBITDA. Your CPA can help determine this.

Example #1 - $500K loan - If you are a profitable business paying estimated quarterly tax payments then a 25% down payment ($125,000) can possibly be covered with reductions in this year's estimated tax payments of $160,000, in anticipation of using the ITC and first year MACRS depreciation deduction on your Tax return when filing next year.  Please confer with your tax professional as we do not offer Tax advice and your current Tax position may not support this example but, if possible, you would have no cash investment in the system (but 25% equity), and a $35,000 cash profit BEFORE the difference between the value of Electricity (kWh) produced and monthly payment and an increasing building value ($300,000). Zero cash investment is possible from the first year but every project is unique.

Save $138,381 - $192,907 in interest costs when compared to Banks or PACE financing for a $500,000 loan over 15 year term.  Choose SolarOne Financing and keep these dollars in your business account, add them to your bottom line, retain them for your shareholders.

Leasing Option - 7-15 year Lease with Fair Market Value Buyout option

Available to highly qualified businesses within our service territory and in combination with an installation designed, engineered and installed within our group of approved companies.

The SolarOne Lease option features $0 down payment, with approved credit, just first and last payment and a security deposit. SolarOne owns and maintains the system during lease term per manufacturers warranties for the components involved. A Fair Market Buyout is available to you at lease termination.

On the same 500K financing example, the lease payment would be 30% less than the finance payment.  In this case, SolarOne will monetize the ITC and depreciation and as a result lower the lease payment by 30% when compared to the same finance payment. Lease payments increase at 1.9% annually keeping pace with anticipated inflation.

You keep the value of electricity output (kWh) and 100% resulting increasing value of the building result due to lower operating cost. No cost maintenance and repairs.  An option to buyout at a fair market value at term.

Our experience to date is 100% of lease customers have opted to buyout.

The decision to Finance and own or Lease and exercise an option to buyout at a fair market value is yours.  This is generally based on your ability to fully utilize the Investment Tax Credit (26% ITC) and utilize the MACRS or accelerated depreciation within a reasonable time period.  Any unused Tax credits carry forward for 20 years and depreciation may accumulate as an NOL carry forward.