Finance Options

SunDurance Energy has developed three (3) offers, from which customers can choose, that will enable them to select a solution that aligns with their financial goals as well as contributes to the company’s overall sustainability objectives and green initiatives.  Each offer represents a unique combination of cash flow management and budget impact; collectively, these options provide our customers with the flexibility needed to select an optimal solution.

There are several benefits which are consistent with each of the three offers and help demonstrate the economic value gained in choosing a SunDurance solar energy solution.

  • Enhanced Goodwill with Regulatory Agencies
  • Low-Risk, High-Reward Solution for Renewable Energy
  • Reduction in Peak Demand Usage
  • Lower and More Predictable Energy Costs
  • Excellent Public Relations
  • Environmental Stewardship
  • Compliance with Corporate Social Responsibility Objectives

Three Finance Options

Capital Purchase Agreement (CPA)

  • You purchase your customized system which generates “free” renewable energy.
  • You have complete control over financing.
  • All design and installation costs are included in the price.
  • SunDurance obtains necessary permits to ensure proper design and installation.
  • You receive any qualifying state and federal energy credits and incentives.
  • You earn tax benefits to the extent available, including investment tax credit and depreciation.
  • SunDurance can complete all incentive applications as an additional service.
  • Operations and maintenance available as an additional service.

Power Purchase Agreement (PPA)

  • You pay only for the solar electricity you use, nothing more.
  • For the life of the agreement (usually 15–25 years), you pay a price competitive with, and in many cases below, grid cost.
  • Contracted solar electricity rate provides a hedge against rising utility costs.
  • There is no capital outlay.
  • All design, installation and maintenance costs are included.
  • SunDurance handles everything — from obtaining permits to design, installation and maintenance.
  • SunDurance completes all of the incentive applications.

Customer Lease Agreement (CLA)

  • Offers system ownership while avoiding up-front capital commitment.
  • Customized lease payments (usually 7 years) designed to generate positive cash flow through energy savings and SREC income.
  • You retain the rights to the SRECs for the life of the system.
  • Allows the financial partner to utilize the tax incentives (FITC/G and depreciation) and share the benefit with you.
  • Three flexible options at the end of the term — purchase the system, extend the lease term or remove the system.
  • Operations & maintenance available as an additional service.
  • Bank credit approval required.