Many financing options are available if you want clean energy and you if want to drastically lower your energy costs by investing in Hawaii Solar Hot Water and Photovoltaic systems. Your Hawaii Solar Energy System can be financed using cash, credit cards, lines of credit or a low interest loan from one of our partnering banks here in Hawaii. Besides getting free and clean energy from the sun, we will show you how to secure utility rebates, tax credits and accelerated depreciation. We really understand how to maximize your benefits with a financing package that serves your needs. And, depending on which of our financing packages you choose, you could recover all of your initial cash outlay back in as little as one (1) year. If you choose to use cash only, a Sun Energy System can pay for itself in two (2) to six (6) years. Let us help you with financing a system that is right for you. If you were working with us last year - your Sun Energy System would have been up and running by now.
If you own a business property (office building, hotel, industrial, etc.) and would like our investors to put a clean energy Hawaii Solar Energy System on your property at no cost to you, let us talk to you about a Power Purchase Agreement (PPA). With a PPA , we will design (we have in-house architectual services), permit, install and coordiante a unique system for your building. Our investors will own the system and they will secure the tax benefits of owning the system. They will also agree to provide you will get clean dependable energy at significantly reduced cost for the next 20 to 25 years. Think of a PPA as an insurance policy that will protect you against future energy costs uncertainties. Given Hawaii’s reliance on foriegn oil and coal for the majority of its electricity, this input price hedge is particularly valuable.
The appropriate financing option will be different for each energy user. Let Sun Energy Hawaii work with you to determing the option that best serves your needs. The following our some highlights of some of the different options.
CASH/LOAN
- Immediate positive cash flow
- 15% + return on your cash
- Anticipated payback in five years
- Systems last 40+ years
- Warranties at 20 and 25 years
- Increased building value
- Locked in energy independence
LEASE
- Bank owns the system
- You can buy system for fair market value at end of lease term
- Increased building value
- Locked in energy savings
POWER PURCHASE AGREEMENT (PPA)
- Locked in energy savings
- No initial investment, only charged for power used
- Pricing below current price of grid power
- Rate of price is fixed-hedge, power costs/de-link from oil price
- Typical term is 20 to 25 years