Get a Big Impact for Zero Down
At Castaways Energy, we do not have “a horse in the race” with regard to how you finance your solar project, but we have trusted finance partners that we can introduce you to. The most common ways that our customers have financed their projects are below. As a trusted local solar leader for over 5 years, our team is dedicated to helping customers get the power they need at a price they can afford. We’ll also ensure that you receive all available benefits for federal and state tax credits, as well as other solar incentives.
Cash Purchase
If you have the financial resources available, purchasing your commercial solar system delivers the greatest long-term savings and return on investment. Through 2032, you may be able to recover up to 30% of your system costs through tax incentives. Your energy savings will pay for the system in a few short years, with decades of free electricity to follow.
- Claim tax incentives
- Your system will pay for itself with savings on your utility bills
- Increase your property value
Loan
You own your solar system and pay for it with a loan. You can pay off your loan at any time without penalty.
- No upfront costs
- Claim tax incentives
- Loan term range from 5 to 20 years
- 25-year product warranty
- Low payments & immediate savings
Property Assessed Clean Energy (PACE)
The property-assessed clean energy (PACE) model is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property.
- Payment comes as a line item on your bi-annual property tax bill
- The interest portion of your payment may be tax-deductible
- It is an “off-balance sheet” payment
- Customer can monetize tax benefit
How much will solar cost you?
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