Third Party Ownership for Business
Would you be interested in having all of the benefits of a large solar system on your business without the upfront capital expense?
We have the solution.
Lighthousefinance offers customers simple low-cost financing options to purchase solar electricity through Solar Power Purchase Agreements (PPAs).Our solar energy services deliver renewable electricity to complement your existing electricity. We offer comprehensive services for commercial, government and utility customers. We enable you to purchase only solar power, without buying the equipment and with no operating or maintenance expenses. We provide power at or below the price for grid power and help you meet your carbon reduction goals.
For more information contact Lighthousefinance at 877.874.8080 or by email at ppa@lighthousesolar.com.
Lighthousefinance PPA Information
Why a Solar Power Purchase Agreement?
Marketing: All of the benefi ts of solar with no capital.
Take advantage of all of the marketing and strategic advantages of using solar energy without any capital expense. Lowering the carbon footprint of your business is not only good for the environment, it is good for your business.
Finance: Fix the cost of your energy.
Hedge against future rate increases by locking in to a fixed rate. PPA rates typically start at or near market but have predictable, logical escalators saving you money in the short and long term. With no maintenance fees or service contracts, all you pay for is the energy generated by your solar system.
Other Business Loan Programs:
Boulder County Residents
Starting in February of 2009 Boulder County, Colorado residents will have access to low-cost financing through the Climate Smart Loan Program. Both energy efficiency and renewable energy improvements can be financed through the ClimateSmart Loan Program. This could include energy efficiency upgrades such as increased insulation, replacing inefficient heating and cooling systems, sealing air leakages, ground source heat pumps, and other measures. Renewable energy improvements could include photovoltaic, solar thermal, or wind energy systems.
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Term
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Taxable*
|
Tax-Exempt
|
|---|---|---|
| 5 year | 5.5% | 5% |
| 10 year | 6.5% | 6% |
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*Commercial/institutional properties, including apartment buildings **Multi-family/elderly rental housing for low income residents and small manufacturing facilities |
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In the event the property owner sells the property the debt for the project will remain with the property rather than the individual property owner. Repayment of the ClimateSmart Loan Program loans is made through a property tax assessment on each individual property, and therefore the subsequent property owner will continue paying down the property's debt via property tax payments. Since the renewable energy and/or energy efficiency improvements will remain on the property and will presumably lower the energy usage reflected on utility bills, it is expected that there will be some offsetting benefits to the property owner for the assessment payments that are undertaken.
Go here more information about the ClimateSmart Loan Program.
