Businesses

At Solaris Energy, we are passionate about supporting businesses and non-profit organizations in their move to solar energy. We primarily work with clients who are small to mid-size businesses, municipalities, non-profit organizations, schools, universities, religious entities, and other clients needing solar projects from 100kW to 100MW. We are willing to look at smaller projects, particularly when they have a social impact, that other financiers are not interested in. Going solar gives our clients the ability to achieve energy savings that allow them to use their limited operating funds more efficiently, generating powerful economic, community, and environmental impacts through business growth and community investment.

How it works

Businesses and non-profit organizations that are interested in going solar have a lot to consider, but we are here to help every step of the way. The first step is to contact us about your project, so we can get to know more details and determine the economic feasibility of building a solar array. Typically, an energy client should have a fairly new roof preferably with southern exposure, good credit history, and approval from the board of directors or company leadership.

The clients and projects that qualify for financing are moved into our development pipeline where we structure the financing needed and contract with an experienced construction partner to build the system. While some clients are partners in the ownership structure by providing tax equity, a down payment or other investment, that is not necessary. We can provide in-house lending and 100% financing for most projects when desired.

During the development phase, most of our clients sign a Power Purchase Agreement which states the cost of the energy produced by the solar array for the life of the agreement, typically 20-30 years. All of our clients realize an energy cost savings in the first year of operation, and this savings increases every year as traditional energy costs continue to increase.

Once the project is complete and generating energy for the client, Solaris Energy will continue to own and maintain the system for the life of the Power Purchase Agreement. The client’s only responsibilities are to pay energy bills on time and allow us access to the system for periodic maintenance. For most systems there is an option for the client, or an outside investor, to purchase it outright after 6 years and receive the significant investment returns that solar energy provides.

 Why Go Solar?

The increasing cost of energy and demand for power coupled with growing concerns about our environment have encouraged many businesses to explore alternative, clean energy sources. Because solar energy is affordable and reliable, many organizations are taking advantage of the benefits that this abundant source of renewable energy provides:

  • Reduced Costs

    Solar energy systems reduce and stabilize electricity costs over the long-term by locking in the electricity rate for 20 years or more at a cost below current electricity utility rates. Whether a business is large or small, for-profit or non-profit, operational cost reductions have a tremendous impact on the bottom line.

  • Reliable, Sustainable Energy

    We take care of all aspects of building the solar project, and after installation, we continue to monitor and maintain the solar array for the life of the system. This ensures energy is always being produced, providing peace of mind and clean energy for 20 years or more. The solar panels we install carry a 25-year warranty, guaranteeing reliability.

  • Return on Investment

    Decreasing installation costs and guaranteed energy prices make solar energy a sound investment for public agencies, non-profits, and businesses. Our investment partners cover the upfront cost of solar project installation while low cost, long-term Power Purchase Agreements provide immediate cost savings to businesses.

  • Competitive Advantage

    In addition to the benefits of having fixed energy prices for 20-30 years, and using reliable clean energy, choosing solar positions business and public organizations as environmental stewards and helps to achieve sustainability and community impact goals.

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