New Jersey BySolar
973.784.4191 Renewable Energy Systems for Businesses & Residences

Finance a Solar Energy System

Depending upon the price and interest rate, your monthly loan payments for a commercial solar system could actually work out to be less than your income from the solar system. Essentially, the system would immediately begin paying for itself.

For example, if you take out a loan for the total cost of the system construction and use the 30% ITC grant to reduce the loan principal, then the balance of the loan can be paid off within ten years through the proceeds of depreciation, SREC income, and energy savings. This would yield a positive cash flow throughout the loan period starting from day one!