Capital Lease

A Capital Lease lets you finance your solar investment over a 7-year term while enjoying all the tax benefits.1 With a fixed low-interest rate and a $1 end of term purchase, this is the perfect option for businesses that want to go solar without the initial cash outlay.

Benefits of a Capital Lease:

• No upfront cost of capital
• Fixed monthly payments w/ bargain purchase
• Hedge against volatile electricity prices
• Greater total savings than Pro Lease
• Large positive net cash inflow in year one due to tax benefit monetization.1

Pro Lease

A Pro Lease similarly lets you finance your solar investment for over 7 years. However, the 3rd-party owner earns the tax benefits and passes some of those savings on to you, in the form of lower monthly payments. You can purchase or renew at the end of the term.*

Benefits of a Pro Lease:

• No upfront cost of capital
• Lowest fixed monthly payments w/ financeable
  end-of-term purchase*
• Hedge against volatile electricity prices
• Likely greater savings than PPA or CPACE
• Can indirectly capitalize on tax benefits

* Ability to finance purchase subject to credit approval.
1 Tax benefits vary for each customer. SunPower does not warrant, guarantee or otherwise advise its partners or customers about specific tax outcomes. Consult your tax advisor regarding the solar tax benefits and how they apply to your specific circumstances.
2 Capital Lease is technically a fully amortized contract with a $1 purchase, so it is customer owned for balance sheet & ITC tax purposes.

 

Assess your options

There’s no one-size-fits-all when it comes to solar financing. By critically weighing your options today, you can find one that not only delivers long-term savings, but also helps your organization achieve its broader sustainability goals.

Who benefits from a Capital Lease?

• For-profit entities that can leverage tax benefits and want to go solar without the initial upfront cost.
• Non-profit entities1 that want to go solar but prefer to own their system within a few years vs.
  a long-term PPA.

Who benefits from a Pro Lease?

• For-profit entities that cannot leverage the ITC and depreciation (or prefer tax-preparation simplicity).
• For-profit entities that want to go solar without the initial cost and would prefer to minimize monthly payments in exchange for purchase or renewal option.*

 

Choose the product that best meets your current and future cash flow needs