Commercial solar panels in NJ for significant ROI
Any serious business owner understands that it is important to see significant ROI in business investments. Timing is everything, and with the Treasury Department currently offering a bevy of financial incentives to commercial solar investors, installing a commercial solar panel system has become more than a statement of support for the environment; it has become a savvy financial decision.
Installing a rooftop solar power system in NJ transforms the roof of a building from a structure meant to protect against the elements, to a powerful instrument that uses the elements to the advantage of your company. Investing in a commercial solar panel system does not have to mean laying out large amounts of capital.
Arosa Energy’s financial experts will come up with a creative plan unique to each situation that will allow the company to see revenue from their commercial solar panels for years to come.
Arosa Energy helps arrange for funding to finance the installation of a solar system. They then absorb any costs associated with maintenance of the system, and sell the power to the company at a low, set rate. When the lease is up, the company has the option of purchasing the solar system at a fair market value, or extending the PPA.
A well-constructed PPA allows the business in question to reap the benefits of a solar system, including lowered electricity costs and public relations benefits, while conserving capital.
Summary of a PPA:
- A third-party financing company purchases a solar system for a business and sells them the electricity generated.
- No up-front capital
- No maintenance costs
- The business receives a long-term, fixed energy rate that is well below current utility rates, and acts as a hedge against rising utility costs.