In recent years, commercial properties have closely mirrored the same phenomenon occurring in residential markets: more and more businesses are turning to providers like SHINE for reliable, low-cost, high-quality renewable energy systems.
The benefits of solar energy for commercial properties can’t be overstated, and most benefits closely resemble the same enjoyed by many homeowners with solar systems. Beyond simply reducing your commercial property’s carbon footprint and reducing greenhouse gas emissions, a quality renewable energy system with SHINE can almost certainly reduce your energy expenditures over time, increase your property’s resale value, and improve your brand’s public image.
A system of solar panels, batteries, or other renewable energy infrastructure can be a substantial investment, but we always encourage our clients to view it as precisely that: an investment. Up-front costs can be quickly overtaken by the immediate and long-term benefits of transitioning your commercial property to renewable energy.
When you choose SHINE Partners for your sustainable energy project, you can count on our client-centered solutions to make the process as easy as possible and ensure your energy system’s success and profitability.
Finance Solutions
Solar panels and other renewable energy systems are an investment in your property’s or company’s future. By definition, some up-front cost is required to assess and plan your project, purchase the equipment and materials from the best vendors and install your systems properly.
Some customers elect to pay cash for their solar project, either from personal or corporate coffers or using an external financing option. This can be an excellent option for customers with the financial ability to make it so. With a solar system paid for right away, companies can take full command of their future energy usage, reducing their monthly electricity expenses for many years to come.
Still, we understand that this may not be a financial possibility for every customer, and that’s okay! SHINE has other options so customers from most walks of life can participate in the revolution of solar and renewable energy.
SHINE lease, or PPA
One solution is not to own your solar panels at all but rather to use SHINE-provided solar systems via a lease or power purchase agreement (PPA). Of course, this option means you miss out on some of the long-term benefits of installing solar panels, but most or all of the immediate benefits can be yours.
SHINE will design, install, own and maintain the solar energy system on your property and sell the electricity it generates to you at a pre-contracted price at or below market values for electricity from traditional utility providers. Our finance team will run multiple model scenarios to achieve the lowest possible cost per kilowatt-hour of electricity, depending on our assessment of your specific energy needs.
We’ll also work with a combination of local and state incentives, federal depreciation and tax credits and more to save you as much money as possible.
A lease or PPA is also a flexible option – if you sell your property before your lease with SHINE ends, it can be transferred to the next owner with no penalty.
SHINE loans through PACE
Customers in certain cities and states may take advantage of Property Assessed Clean Energy (PACE) loan programs. PACE loans are a low-interest financing option provided by your city or state to upgrade your property with solar (or other renewable) energy systems. You then pay back the loan through your property taxes over 15-25 years. For more information on PACE loans, visit https://energy.gov.
Project Solutions
SHINE Partners has the operational and industry expertise to maximize the value of your solar energy project before a single panel is ever installed.
We start the process with a deep analysis of your existing property and its viability for a solar system, but that level of analysis extends throughout the entire planning, development and installation process. We collaborate with reputable, high-quality partners around the nation to make sure your solar installation process is successful, regardless of size or energy needs.
After your project is deemed feasible by our engineers, technicians and finance teams, we employ our expertise and industry relationships to break through any obstacle to its completion. Especially today, market volatility, regulatory and local permitting red tape, and more can attempt to thwart your renewable energy goals. We’ve seen projects there before, we’ll see it again, and we’ll see your project and energy goals through to success anyway.
If you’re interested in a commercial property solar and renewable energy provider with the expertise, commitment and financial flexibility to give you energy independence for years to come, please visit us at https://shine.partners or give us a call at 800.516.4452.