We understand that in business, a measurable return on investment is key. A solar panel system can be a big upfront investment. The sun’s energy, however, is a free and unlimited resource that could generate real savings over time.
Our team can assist in connecting you to the right financing options for your business. We can also provide a detailed report on your business’s project savings from a solar install.
Commercial solar financing
Smart Ease
1. Cash Purchase
A cash purchase can either be bought outright, or paid in two instalments. An initial 50% deposit of the system's total cost once a quote has been accepted, followed by the remaining balance once the installation is complete. This is a good option for businesses with the capital to pay upfront, saving thousands of dollars in the long run.
2. Finance Purchase
This payment plan is ideal for when your capital is best invested elsewhere in your business. A finance purchase can be rented or leased with a typical agreement term of 2-10 years. With a rental, SmartEase owns the equipment and you can offer to buy the equipment at the end of the term. A rental is typically a fully tax-deductible operating expense and is our most popular finance plan. With a lease, you own the equipment and it is regarded on your balance sheet as an asset/liability.
3. Power Purchase Agreement (PPA)
An onsite solar PPA is a long-term electricity supply agreement that enables you to install a solar system on your premises – without the capital outlay.
Your PPA provider owns, operates and maintains the system and sells you the electricity it generates at an agreed rate (c/kWh). The rate is typically cheaper than you would pay from your power company.
Features
• No initial capital outlay
• Big long-term savings
• No maintenance, operations or insurance
• Accurate sustainability data
• System upgrades included
• Increased building value
For more information regarding these Smart Ease payment options click here.
The economic benefits
Positive Cashflow
With a Smart Ease financial purchase and potentially a small deposit, your solar investment will be cashflow neutral in the first year, and cashflow positive from the second year onwards.
Investment Return
An impressive internal rate of return of upto 35% over a 25-year period depending on the scale of the solar system, and your energy needs.
Power Bill Savings
Save thousands of dollars every year on your power bill by harnessing the power of renewable energy.
Resdiential solar financing
ANZ Good Energy Home Loan
Top up your ANZ Home Loan at a fixed rate of 1.00% P.A. for 3 years, up to $80,000, to make your home more energy efficient and better for the environment. Learn more
Westpac Greater Choices Home Loan
Get up to $50,000 interest-free for five years to help you create a warmer, drier and more energy-efficient home life. Learn more
ASB Better Homes Top Up
Top up your ASB Home Loan, up to $80,000 at 1.00% P.A fixed for 3 years, to make your home drier, warmer or more energy efficient. Learn more
Kiwibank Sustainable Energy Loan
Top up your home loan to install an eligible sustainable energy system and Kiwi bank in some cash to help you pay it off faster. If you borrow more than $5,000, we’ll contribute up to $2,000 over four years towards the cost of the system – $800 at the end of the first year and $400 at the end of each of the following three years. Learn more
BNZ Green Home Loan top-ups
You could borrow up to $80,000 at a 1% p.a. 3-year fixed rate to pay for eligible upgrades to your home or for electric transport options. Learn more
