Download - Operating Lease flyer web
[email protected] 888-307-4117NewPowerCapital.com1360 West State Road #208, Pleasant Grove, UT 84062
Op
erat
ing
Lea
se (
Tru
e Le
ase) Customer benefits
• The lessor uses the ITC (Investment Tax Credit) to lower monthly payments • Payments are about a third lower than a Capital Lease (Loan) • Payments approximate a utility bill • Lessee can own the system at the end or upgrade to a newer one • Lessee gets free electricity after purchasing the system
Transaction size • > $50,000
Term • Up to 10 year amortization with a lien on the system only • Up to 20 year amortization with second lien on real estate
Payments • Fixed monthly payments
Incentives • Lessee keeps incentives - PBI (Production Based Incentive) - SREC (Solar Renewable Energy Credit) - Utility rebates
Construction • Lessor provides construction financing
Maintenance • Lessee maintains the system
Insurance • Lessee maintains insurance
End of term • Lessee can purchase the system at the end of the lease for its fair market value • Fair market value can be predetermined to lock in the purchase price • Renew the lease • Return the system
Renewable energy financing
Helping small businesses and municipalities join the energy revolution.
