The Baker Energy Team along with our strategic capital partners is leading the way by providing financial and advisory products to the Renewable Energy Industry. By combining over 100 years of industry knowledge, strong investment relationships, and creative financial structuring, we offer comprehensive solutions for our clients. Together we cover a variety of energy technologies, project sizes and geographical areas to fulfill your renewable energy requirements. We are currently creating our own Energy Funds that will allocate large sums of money towards financing Renewable Energy projects throughout the world. Baker Energy Team has financing options for any solar project. A successful solar project requires careful consideration of financing options. Baker Energy Team has the expertise to you help you find the best commercial/residential solar power solution to meet your specific needs. We will work with you to ensure your unique solar energy project delivers the greatest total savings on energy costs over the life of your system.
Cash Purchase – Own the system and the energy
The simplest path to financing a solar project is to purchase the system directly. If you have available capital, existing tax liabilities, and can benefit from accelerated depreciation of your solar equipment, you may find that purchasing your solar system outright is the best option. Ownership provides the greatest total energy cost savings on energy over the life of the system.
Cash Purchase Benefits
Reduce the total time required for a solar project and begin benefitting from clean, solar electricity as quickly as possible
By avoiding third party expenses and interest rates, you can maintain complete control of your solar PV energy system while realizing the highest savings from your solar investment.
The owner of a commercial solar installation is eligible for a federal investment tax credit, worth 30% of the system value. When combined with additional state and local rebates, the cost of a commercial solar power project can be offset by 50% or more.
Secure a low electricity rate for the lifetime of the system and reduce your exposure to volatile energy rates.
Take advantage of Renewable Energy Credits (RECs) and promote your organization’s corporate social responsibility message by becoming a solar powered company.
Solar Power Purchase Agreement (PPA) – Buy the energy
Solar PPA financing allows your organization to purchase solar energy on a monthly basis, much like you already purchase electricity from your local utility. You host the solar equipment at your site, but you don’t have any of the responsibility of ownership or maintenance of the system. All you pay for is clean, renewable energy at set rate per kilowatt-hour, the same measurement of energy you see on your utility bill today. The Solar PPA provides financing flexibility and predictable future energy rates with no upfront costs.
Solar PPA Benefits
No initial capital investment, since you only pay for the solar electricity that is produced.
A PPA provides a powerful hedge against volatile electricity prices.
Baker Energy Team designs, develops, and operates your solar energy system from start-to-finish.
You have no responsibility for owning, operating or maintaining the solar system equipment.
Benefit from solar tax credits, even if your organization has no tax liability to offset.
The PPA financier is able to monetize available tax incentives and pass these savings on to you in the form of a lower PPA rate.