Solar Finance & Lease Program
Designed for Commercial | Industrial | Municipal | School | Fire Department
Serving NE America Including the States of
MD., DEL., NJ., NY., CONN., MASS., NH., PA., VT., RI., ME.
ROOFTOP – PARKING LOT– GROUND ARRAY – UTILITY SCALE
The GREENLEAF LEASE – FINANCE Program provides you with the opportunity to become energy independent with the renewable energy of SOLAR. Program options include flexible terms of up to 240 months, determined by the size of the project and its specifics, usually no capital investment is required.
Lock in Lower Rates Now: Historically, utility rates can increase on average 5% + each year*. However, a 5% annual increase accumulating over a 15-year period can equate to an average increase of more than 50% yearly at the end of 15 years. (See the chart below) Please remember a 5% average annual increase in utility cost is based upon today’s pricing. Utility prices are primarily driven by fossil fuel sources. A 5% increase is potentially insignificant should oil hit $200.00 a barrel and gas be selling at more than $5.00 a gallon. The following chart shows a 5% annual increase for every $100,000.00 spent annually for electricity beginning in 2018. Over a 15 year period the total increases paid @ 5% = $765,580.03.
$100,000.00 in 2018
$105,000.00 in 2019
$110,250.00 in 2020
$115,752.50 in 2021
$121,540.63 in 2022
$127617.66 in 2023
$133,998.54 in 2024
$140,698.47 in 2025
$147,733.39 in 2026
$155,120.06 in 2027
$162,876.07 in 2028
$171,019.87 in 2029
$179,570.86 in 2030
$188,549.40 in 2031
$197,976.87 in 2032
$207,875.71 in 2033
$2,265,580.03 (Total paid in total over 15 years)
-1,500,000.00 (15 years @ $100,000.00)
$ 765,580.03 (Total increase in utility costs @ 5% average per year over 15 years)
For every $100,000.00 paid in 2018 for electricity, the average annual increase equates to: $51,038.66 a year over 15 years. That is more than a 50% increase over the original $100,000.00 paid in 2018.
The GREENLEAF LEASE – FINANCE Program allows you to lock in lower electricity and/or heating and cooling rates now, for savings now and tomorrow. Your custom designed system including all equipment installed may cost you zero up-front and may require no capitalization on your part.
PURCHASE or LEASE: Leasing a system usually gives you the option of purchasing the system at the end of the lease. GREENLEAF SOLAR SYSTEMS come with a 25-year guarantee. A system may function well after 40 or 50 years. So leasing a system and purchasing it thereafter, many times, make good business sense. Leasing may be substantially less expensive. Below are some of the benefits of leasing.
THE BENEFITS OF LEASING A SOLAR SYSTEM for COMMERCIAL, INDUSTRIAL,
and NOT-FOR-PROFIT ENTITIES INCLUDING ALL FORMS of GOVERNMENT
Many Companies and Not-for-Profits prefer to LEASE solar equipment and systems … Here’s why:
COMMERCIAL – INDUSTRIAL COMPANIES:
Preserve Working Capital;
Preserve Existing Lines of Credit;
Provides Tax Benefits Advantages;
Typically Offers Lower Payments vs. Alternative Financing;
Purchase Options Available, Ownership of Asset Possible;
Purchasing Decisions Deferred;
Flexibility of Lease Type and Term;
Efficiency and Convenience;
Fixed Rates, Decreased Overhead;
Eliminate or Substantially Reduce Cost of Energy.
The “Benefits of Leasing” are self-explanatory. Companies lease for numerous reasons. Leasing offers various valuable financing packages allowing companies to maximize their purchasing power. Leasing is often the least expensive financing method when all the benefits are factored in.
Traditionally, leasing has always positively impacted companies by growing their business without incurring a tremendous amount of cost outlay. When it comes attaining energy independence, companies that lease conserve working capital (Cash) and preserve bank lines of credit, which allows them to invest further in their business, while substantially decreasing their operating overhead by eliminating or substantially reducing their cost of energy. Today, in the “Renewable Energy Industry”, energy tax incentives and credits can make leasing even more affordable. Leasing as the “Preferred Choice” is about analysis and making the right decisions … making informed decisions. Every company should consider different options for procuring solar equipment based on their business model and business environment. The GREENLEAF LEASE Program gives you options.
Our lease finance specialists are experienced in all aspects of commercial leasing. It’s simple & convenient.
TAX EXEMPT NOT-FOR-PROFIT AND GOVERNMENT ENTITIES:
We provide a comprehensive financial product for Tax-Exempt & Not-for-Profit entities and Government agencies. Interest rates are market-driven, payment terms are flexible and paperwork is simplified.
Tax-exempt financing features a streamlined process, simplified documentation, and minimized intermediary involvement. We offer tax-exempt interest rates, flexible payment terms, and limited transaction and issuance costs for the state and local government. States, cities, counties, school districts, universities, healthcare and most not-for-profit 501(c) (3) organizations can finance solar equipment at tax-exempt interest rates if certain criteria are met. A key benefit of tax-exempt lease purchase financing enables the borrower to acquire the equipment needed while avoiding time-consuming revenue-raising procedures and disclosure requirements.
We enable municipalities to enhance their cash flow by spreading the cost of equipment over several fiscal periods. This allows both current and future taxpayers to pay the cost, thus stretching tax dollars. Leasing also provides a hedge against inflation. Equipment purchased at today’s prices can be budgeted in less-valuable future dollars over the term of the lease.
Our lease finance specialists are experienced in all aspects of municipal leasing. It’s simple & convenient.
The GREENLEAF Municipal Finance Program offers advantages over alternative financing sources. We specialize in structuring and funding Municipal Tax-Exempt financing solutions for renewable energy equipment and real-property projects by state agencies and political subdivisions i.e., counties, cities, towns, villages, universities, police and fire departments, school, hospitals and other municipal districts.
Additionally, we have the experience and the capability to offer other financial products associated with issuing any kind of certificate of indebtedness or tax-exempt bond issuance program. Our products are as follows: municipal leasing, municipal tax-exempt leasing, tax-exempt bond issuance, and certificates of participation. The Internal Revenue Code in conjunction with the By-Laws of a municipality generally governs municipal transactions. Under these requirements, a qualified entity can finance property acquisitions and/or equipment (assets) under contracts in which the interest income the leasing company derives will be exempt from Federal income tax. The benefit to the municipality is a tax-exempt transaction that can be financed at a lower interest rate below traditional commercial banking financing. A Municipal Finance Program has some of the similarities of a commercial lease, with three significant differences:
(1) The Municipal Lease has the result that the lessee is to purchase and take title to the equipment or asset. The financing is a full payout agreement with a bargain purchase at the end of the lease term allowing for acquiring title to asset.
(2) Payments under the lease include the return of principal and interest, with interest being exempt from Federal income taxation.
(3) The Lease allows for termination for non-appropriation of funds by the municipal entity.
Our municipal leasing specialists work directly with equipment manufacturers, vendors, and municipal officials to facilitate equipment lease financing in a creative, timely, and fiscally responsible manner. We have partnered with Institutional Lenders and Insurance Companies to expedite the process of obtaining financing through a mechanism of public financing options.
Leverage: GREENLEAF SOLAR can utilize; federal, state and local incentives, grant programs and depreciation. Where possible we pass those savings on to you. GREENLEAF may help businesses and municipalities qualify for energy efficiency related incentives they couldn’t qualify for on their own.
GREENLEAF SOLAR DOES IT ALL:
Design and Installation of The System: GREENLEAF designs, the system, secures necessary permits and installs the equipment on your site or, if applicable, on a cooperative site that you share with others.
YOU Reduce Operating Costs from Day One: When you begin to generate your own energy you reduce operating costs from day one. GREENLEAF‘s experience installing renewable energy projects and our relationships with top equipment manufacturers and financial institutions allows us to pass lower costs on to you. Our design specialists and construction experience help us to efficiently manage your renewable system installation project from start to finish without compromising quality or service or increasing costs.
YOU Become Energy Independent: The key to attaining true energy independence is for each and every entity, large and small that uses energy, to be producing its own energy. That is the GREENLEAF goal.
YOU Become a GREENLEAF Energy Good Steward: Each kWh of electricity your system produces reduces your carbon footprint.
Free Renewable Energy Consultation: Please contact GREENLEAF SOLAR for a free renewable energy consultation and to obtain additional information about our lease financing programs.
*As stated is for illustrative purposes only. Actual average increase may be more or less than 5%.