Financing & Rebates - ONTILITY Outlines the Opportunities

Today's solar financing options are much more expansive and more economically viable than ever before. With many new tax incentives and utility rebate programs opening up across the country ONTILITY’s financiers are now able to leverage many new creative financing mechanisms that can significantly reduce the real “net” cost of renewable energy projects. Whether the project is commercial, residential or tax exempt; ONTILITY has a finance solution that will not only help close the sale but also free up you and your customers’ cash flow.

Whether you are an ONTILITY dealer or partner, we provide the industry's most comprehensive financial services and solutions. ONTILITY’s Finance and Rebate Support platform offers a variety of financial service options as well as comprehensive knowledge and a deep understanding to maximize Federal, State and Local tax incentives and rebates. ONTILITY also offers terms on most equipment orders to help bridge the gap between closing the sale and commissioning the system all while keeping your company’s cash flow strong.

ONTILITY provides Rebate Assistance, Non-Profit and Municipal Power Purchase Agreements (PPAs), Same as Cash Residential Financing offerings as well as Assistance with the Federal Cash Grant in Lieu of tax credits for commercial renewable energy systems otherwise known as The US Treasury’s 1603 Program: Payments for Specified Energy Property in Lieu of Tax Credits.

ONTILITY can structure multiple financial options for you and/or your clients in order to take full advantage of today’s rebates and incentives. For more information on how ONTILITY can assist you with Financing and Rebate Support contact your sales representative today or see links below for more information about ONTILITY’s suite of Financing and Rebate Support options.

NRG SunLease Residential Solar Leasing

ONTILITY has teamed up with NRG SunLease to offer a 20 year residential lease program to its dealers and installers. The solar leasing program is currently active in California, Arizona, Colorado, Texas, New York, New Jersey, Maryland, Massachusetts and Pennsylvania. Additional states and markets are being added weekly. Please contact us for a real time market update and or additional lease program details.

ONTILITY Commercial and Large Scale PPA’s

ONTILITY has teamed up with CarbonFree Technologies to offer commercial and large scale solar power PPA’s to its dealers, installers and clients. The PPA program is currently active across North America. Please contact us for a real time market update and or additional PPA program details.

ONTILITY Commercial Solar Leasing

ONTILITY has teamed up with Graybar Financial Services to offer a commercial lease program to its dealers, installers and clients. The leasing program is currently active across North America. Please contact us for a real time market update and or additional lease program details.

ONTILITY Utility Scale PPA's

ONTILITY has teamed up with Quanta Financial Services to offer utility scale solar power PPA’s to its dealers, installers and clients. The PPA program is currently active across North America. Please contact us for a real time market update and or additional PPA program details.

ONTILITY Residential Solar Financing

ONTILITY has teamed up with BBVA Compass Bank to offer a residential solar and green loan program. This program encompasses all solar, green and energy efficiency residential home improvements and upgrades. This program is active in all BBVA Compass Markets across North America. Please contact us for additional loan program details.

Rebate Assistance

ONTILITY will accept most assignable State, Local and Utility rebates on equipment purchases. ONTILITY also offers support services for applying for the US Treasury’s Section 1603 Cash Grant in Lieu of Tax Credits for commercial installations. Talk to an ONTILITY Sales Representative today for more details on how ONTILITY can help you most effectively capture rebates for your client.

Click Here to view Rebates Map

Non-Profit and Municipal Power Purchase Agreements

ONTILITY has partnered with Power My Campus (PMC), a leading owner/operator of distributed generation for both non-profits and municipalities. PMC works with non-profits and municipalities to deliver the benefits of clean, low cost energy without out of pocket capital costs, technical risks or ongoing maintenance responsibilities. For more information about PMC contact your sales representative today, or visit www.powermycampus.com for additional details.

Same as Cash Residential Finance Offerings

ONTILITY works with many leading national lenders to offer qualifying partners Same as Cash Financing for residential solar systems. ONTILITY realizes the reality that many potential sales are loss due to the fact that the client only needed a short amount of interest free time to make financial sense of installing solar on their home. Contact ONTILITY today to learn more about how you can and your customers can qualify for 6, 12 and 18 month terms for interest free loans up to $40,000.00.

Federal Cash Grant Assistance for Commercial Projects

The US Treasury and the US Department of Energy have extended the cash grant in lieu of tax credits for commercial installations through 2011. ONTILITY has the knowledge and experience to support partners in applying for and receiving these funds. In many cases these funds can be applied to partners’ equipment purchases. For more information on how this grant program might apply to your commercial project, contact your ONTILITY Sales Representative today or visit the www.treasury.gov for additional information about the program.