Financing

We don’t just offer fiscally smart solutions.

 

CREATIVE ENERGY SOLUTIONS WITH RESOURCEFUL FINANCING

As the industry advocate for our customers’ energy well-being, we don’t just offer fiscally smart solutions. We also help our commercial and residential customers navigate an array of available financing options. By pairing creative energy solutions with resourceful financing, we offer a total energy management approach that benefits our customers’ bottom line.

Our financing options span from small-scale solar, lighting, solar thermal, and wind lease projects to utility-scale Power Purchase Agreements (PPA). We draw from our established knowledge base to assemble effective financing solutions that are tailored to each customer and each project. If a financing solution isn’t a good fit or won’t offer a strong payback, we let our customers know.

On every project, we track down available federal, state, and local incentives, rebates, and sustainable renewable energy credits (SREC) to ensure our customers optimize the return on their investment.

Organizations of all sizes across the United States have benefited from this bold approach to financing sustainable and renewable energy projects. You can too.
Learn more about our financing options and how we can put them to work for you.

 

Capital Lease

Similar to a bank loan, the capital lease provides the benefits of equity and SREC, without requiring you to pay the full project cost up front. The project cost is paid out over a set period of time. This is generally the best option for “for profit” companies. Lighting, solar, solar thermal and wind.

 

Operating Lease

Similar to a rental agreement, the operating lease keeps the total cost of the project off the balance sheet, keeping your interest rates low. The terms of this type of lease include a fair market value purchase at the end of the term, which is typically 7-10 years. Lighting, solar, solar thermal and wind.

 

Power Purchase Agreements (PPA)

In addition to leasing and more traditional forms of financing, our customers can purchase their power at a discounted rate through a Power Purchase Agreement (PPA). Under this type of agreement, OGW owns or partners with the owner of a solar array. Our clients pay for output just like they would pay for a utility bill, but normally at a lower utility cost from the first month. In other cases, and from a levelized cost standpoint, our customers can expect to pay from 5 percent to greater than 20 percent below retail electric rates over the system’s lifetime. They can also demonstrate environmental conservation without the outlay of capital and long-term maintenance requirements. The PPA is an ideal program for all business entities that can take advantage of depreciation or other tax based incentives. Solar and Lighting

 

Tax-Exempt Lease-Purchase (Municipal Lease)

The tax-exempt lease-purchase is intended to meet the special needs of state and local governments, non-profit organizations, and schools. It is offered at a much lower interest rate and longer terms compared to other lease options, and it allows for payments to be made through the operating budget. Solar