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In recent years, photovoltaic solar energy has established itself as a sustainable and cost-effective option for businesses looking to become more sustainable while saving money. It is a pioneering technology about which there is still some misunderstanding regarding initial installation costs. That’s why at Greenvolt Next, we offer different financing models for solar installations.

Fortunately, these financing models allow access to this solution without the need for significant upfront payments. Below, we explore some of the most common options:

  • Renting: works like a lease. The company handles the installation and covers the costs of the panels, while the rent is detailed in the budget and contract. In this case, the installation does not belong to the property itself; one simply enjoys the generated energy and pays a monthly fee for the duration of the contract or the system’s useful life. This option also includes additional services such as panel maintenance, replacements, and necessary repairs. It’s a way to take advantage of solar energy without worries.
  • Photovoltaic Leasing: with this financing option, there’s no need to go to the bank, as the installation company assumes the initial investment. This means the customer does not have to make any upfront payment. The cost of the installation is paid through agreed-upon installments in the contract, which can even be specified in the solar panel budget. During the payment period, the installation belongs to the installer, and once the last installment is paid, it becomes the property of the customer.
  • Power Purchase Agreements (PPA): these are long-term purchase-sale contracts between an energy generator and a business customer. In a PPA agreement, a company installs and operates a photovoltaic system and sells the generated energy to a buyer at a fixed and previously agreed price for a specified period. In this model, the buyer does not have to make the initial investment for the installation of renewable energy systems. Instead, they only pay for the electricity generated, allowing them to benefit from clean energy without bearing the installation costs or operational risks.
  • Photovoltaic Loans: these are loans specifically designed for solar energy projects, with low-interest rates and favorable conditions. They are known as “green financing lines” or “loans for improving energy efficiency.”
  • Consumer Loans: while they are a common option, they significantly increase the cost of interest. This is because this type of loan often has higher costs compared to other financing options.

In summary, the advancement in financing modalities has made solar energy more accessible than ever. From direct purchases to innovative options like PPAs, it is now possible to choose the modality that best suits the needs and financial capabilities of each individual.

As experts in energy self-consumption for businesses, we at Greenvolt Next recommend the PPA business model, as it represents a unique opportunity to access solar energy without the initial costs, benefiting from lower rates and without the responsibility for system maintenance. However, we also offer other financing models so you can choose the one that best fits your needs. Alternatively, the classic EPC model, with upfront payment, is the option chosen by many of our customers, as it offers total freedom with their installation.

Regardless of the option chosen, solar energy remains a smart investment that not only contributes to economic savings but also to environmental protection, reducing carbon emissions and promoting a cleaner future.