Hardy Electrical and Solar can help you select the right commercial solar finance option for you. We work closely with you to understand the different solar financing options available and the benefits for your business. We can assist you to choose the right solar finance purchase model for your organisation:
Pay As You Go
A Pay As You Go finance option is a payment plan spread over a set period of time, usually 5 years with 6 & 7-year options also available. This option eliminates any upfront capital investment. Generally the savings you will make from installing the Commercial System will offset the repayments putting your business in a cash flow positive position from day one. This option allows you to take advantage of all the government tax breaks and incentives, as you own the asset from day one.
A solar lease allows you to install a commercial solar system on your premises with a payment plan to eliminate the upfront capital investment required. By spreading the cost of the installation out over an agreed payment term with a small balloon payment at the end of the term, your business can have the advantages of solar power from day one without the drain on cash flow. Solar leasing does not allow you to claim any of the government tax breaks and incentives until the system is paid off and you choose to purchase it with a final payment (balloon payment).