At TRUE, our financing team works for you. we arrange financing on your behalf with our network of trusted third-party financiers and investors, so you get the most favorable financing terms and the best long-term return on your investment. When you finance your solar project with TRUE, you also get these exceptional benefits.
•ATTRACTIVE RATES • LOWER RISK • MORE CHOICES • SEAMLESS EXPERIENCE •
•LONG-TERM STABILITY • SCALABLE SOLUTIONS•
At TRUE, we have partnered with some of the leading PACE FUNDING lenders.
It is a government-sponsored program allowing efficient financing for many different renewable projects including Solar, roofing, HVAC, and Windows.
•100% FINANCING • ZERO DOWN • LOW RATES • FLEXIBLE TERMS
(5-25 Year Options)
•Home Equity Based
(10% Home Equity Needed)
•Payments Not Due for 12-18 months
(Depending on the calendar)
The simplest path to financing a solar project is to purchase the system directly. You buy and operate the solar installation which allows you to directly benefit from any available federal, state and local solar incentives. If you have available capital and the tax appetite to absorb tax credits and accelerated depreciation, you may find a direct purchase via cash or loan to be the best option. BENEFITS • Off balance sheet • Fixed energy costs • • Reduced energy costs • No upfront cost of capital • • Hedge against volatile electricity prices • • Project financier assumes power generation risk •
A solar power purchase agreement (PPA) is a financial agreement where a solar developer builds a solar project on your property or somewhere in your region (called offsite solar) and then sells the electricity to you at a prearranged fixed rate that is typically lower than the local utility’s retail rate. The rate your organization pays is “subsidized” by the tax incentives retained by the project owner. The solar project owner (financier) assumes the risk because you, the energy buyer, only pay for kilowatt hours that are actually produced by the solar system. Additionally, since your organization does not own the solar project, it is not held on the balance sheet. BENEFITS • No upfront cost of capital • Fixed energy costs • • Reduced energy costs • Hedge against volatile electricity prices • • Project financier assumes power generation risk •