Common ways to fund solar
Depending on the project and available providers, customers may use their own capital, a secured or unsecured loan, business finance or another structured arrangement. Availability and terms can change.
Compare the total cost
Review interest rate, processing charges, collateral, repayment period, prepayment conditions, insurance, tax treatment and whether any subsidy is assumed. Ask who owns the equipment and warranties throughout the term.
Use realistic generation assumptions
Repayment planning should allow for weather variation, degradation, downtime and maintenance. A proposal should state its assumptions and should not promise a fixed bill reduction when future tariffs and consumption can change.