Clean Energy Finance
Boss Enertech and our financial partners can assist your business or family in understanding the costs, incentives, and return on investment of a renewable energy system. Then we can explain the multiple finance options that are available. With this information you will be able to make an informed decision about whether a system is right for you.
The following diagrams graphically compare the benefits and costs of the most common commercial ownership and financing options. The dashed lines indicate benefits or costs that may be applicable depending on technical and financial conditions.
Your business purchases the system outright, and captures all incentives. The system offsets some or all of your energy usage, producing credits to reduce your energy bill. You are not paid for the electricity you produce.
A third party owns the system and captures the incentives. Your business makes monthly payments to the owner, and benefits from offsetting some or all of its energy usage.
This is a lease that allows your business to own the system, and capture the incentives. As with the first two options, the system offsets a portion of your energy usage.
As a system provider, Boss Enertech finances, installs, and maintains the system. As the host, your business buys energy from Boss Enertech. With this option, you have no upfront investment.
Your business purchases the system outright, and captures all incentives. You enter into an agreement to sell HECO your energy at a fixed rate. Your energy is sent to the grid, and you receive a monthly payment from HECO.
Boss Enertech finances, installs, and maintains the system. Boss Enertech sells the energy to HECO. As the host, your business receives a portion of these revenues. As with the PPA option, you have no upfront investment.
GreenSun Hawaii
offers innovative financing programs to make renewable energy systems affordable for homeowners, businesses, and non-profits. The GreenSun Legacy Program offers lower interest rate and longer term loans from participating lenders. The GreenSun Capital Access Program increases access to capital through a credit enhancement program. This enables participating lenders to consider loans that fall just outside of conventional underwriting standards. As an authorized GreenSun Hawaii energy contractor, Boss Enertech can assist your family, business, or nonprofit with the GreenSun qualification process.
