Financing Partners

Financing Sustainable Energy

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FASTRAC PARTNERS WITH INDUSTRY LEADERS IN SOLAR FINANCE

WHICH FINANCING OPTION SHOULD I USE?

Power Purchase Agreement (PPA):

Pros:

Zero upfront cost

Predictable energy costs: Fixed electricity rates can shield customers from rising utility bills.

Low maintenance: The PPA company handles system maintenance and repairs.

Higher PPW payouts = Higher commissions

Cons:

Lower long-term savings: Customers don’t capture any benefits of tax credits and don’t own the system.

Contractual obligations: Customers are locked into a fixed rate for the PPA term, potentially missing out on future market changes.

More strenuous approval process = slower commission payouts

Selling Tip: A good option for customers who prioritize affordability and a fixed budget. Enjoy the convenience of no upfront cost, predictable electricity rates, and minimal maintenance responsibilities.

SOLAR LOAN:

Pros:

Lower upfront cost: Makes solar more accessible, with monthly payments similar to a traditional utility bill.

Tax credits still apply: Customers can still claim the federal tax credit.

Builds credit: On-time loan payments can positively impact your customer’s credit score.
Universally accepted in all utilities and in all 50 states

Commissions pay faster

Cons:

Interest adds up: Financing comes with interest, reducing overall savings compared to a cash purchase.

Loan term commitment: Customers are locked into a fixed monthly payment for the loan term.

Lower commissions due to utility bill matching and high cost of finance.

Selling Tip: Ideal for budget-conscious customers who want to enjoy the benefits of solar without a large upfront cost. Emphasize the manageable monthly payments and the ability to build credit while going green.