Residential Solar Financing in Yuma

xTempeIn Yuma, and throughout Arizona and the Sunbelt states, Renewable Asset Management Company, LLC and SunLender™ provide residential solar financing directly through a network of leading Solar Power System (photovoltaic system) Installation companies. For Residential Solar Financing in Yuma and throughout Arizona, SunLender can be counted on as your go-to provider.

Yuma, Arizona is the principal city of the Yuma, Metropolitan Statistical Area, which consists of Yuma County. According to the U.S. Census Bureau, the 2014 estimated population of the Yuma MSA is 203,247. As Yuma sees an average of 308 sunny days per year, it is a perfect place to take advantage of residential solar power systems, and the residential solar financing programs offered by SunLender.

Since 2011, the SunLender programs have allowed Solar Power Installers to provide solar financing to their residential solar customers with a 20-year operating lease or a 10-year or 15-year loan. And Renewable Asset Management Company (RAMCO) is a proven leader in renewable energy financing, and in conjunction with affiliated companies have offered a variety of commercial and residential solar financing programs since 2008.

Residential Solar Financing in Yuma and America

The SunLender Lease and Loan programs are offered to approved Solar Power System Installers in Arizona, California and Hawaii. The SunLender Loan solar financing program is also currently available in Oregon, Michigan, Minnesota, North Carolina, South Carolina, Texas and Washington

Do you want to do what’s best for your customers?

We can save your customers up to an additional $13K on a typical $20K solar system.

Since our lease term is 20 years instead of 25, with the same or lower monthly payment as other financing programs, we can generate significant savings to your customers just by financing with SunLender.

  • Same System
  • Same Monthly Payment
  • Same Utility Savings
  • Less Total Cost

Contact SunLender for your Residential Solar Financing in Yuma.

Do the right thing for your customers.
Call SunLender today.

Call Mike Thompson to secure
the shortest term for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

The SunLender Difference:

SunLender™ Residential
Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home. SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

 

  • Energy Efficiency Financing – Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses. If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. Our Installer partners can show you how to lower your energy usage with energy efficiency products, before you decide to generate power with a solar system – ensuring that you get the right size solar system for your home.
  • Signature Loan – The Signature Loan is a secured term loan for financing the purchase and installation of energy-efficiency products for your home with a term up to 7 years.

SunLender Pro™

  • Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects.

Commercial Solar Financing

Loan – The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 10 years.

We are looking for quality Installers in select markets

With SunLender, You Get:

  • Cash Flow – Installer job/construction financing through SunLender provides Solar Power System Installers with needed cash as early as customer credit approval.
  • Ease of Use – The SunLender proprietary solar proposal platform is comprehensive, uncomplicated and makes closing sales easy.
  • Less Red Tape – SunLender financing requires significantly less administrative burden than other financial programs in the solar market
  • Immediate Credit Approval – With SunLender, Solar Power System Installers can offer conditional financing approval to Homeowners in minutes.
  • Total Solution – SunLender is a complete in-house one-stop solar financing program, from originations and funding to servicing, and operations and maintenance.
  • Experience – 41-year financing foundation providing Installers and their customers unique credit programs, and financing renewables since 2008

Contact us to Demo the Program and see how SunLender can help you grow your business.

Available Programs:

SunLender™ Zero Down
Solar Lease

SunLender™ Zero Down
Solar Loan

SunLender Plus™ Energy Efficiency Signature Loan

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

SunLender designed to provide Solar Power System Installers with the cash flow

If your company is based in the Yuma area, or Arizona, or you have a West Coast or Sunbelt client-base or solar system to install, the SunLender program is uniquely designed to provide Solar Power System Installers with the cash flow they need to grow. For your Residential Solar Financing in Yuma, the SunLender enhanced program allows Installers to leverage the partnerships, connections and network of RAMCO, and now provides interim project financing through the Pro Power Green™ Construction Financing program, allowing Installers to get paid faster and fund growth without typical construction cash-flow constraints inherent to other finance programs and Funds. The SunLender program is tailored to help Installers grow their business and increase their sales.

The SunLender portal provides a single-source quoting platform that offers Solar Power System Installers the ability to quote Homeowners a solar loan and a solar lease within the same proposal, in approved states, thereby allowing the consumer to choose the financing product best suited to their needs; and providing Installers the tools and financing options to close more deals.

SunLender Solar Lease or Loan makes it easy to Reduce Energy Costs

Step 1 Request a free solar home evaluation

Step 2 — Fill out credit app to see how much you can save

Step 3 — Have your solar system designed and installed

Step 4 — Harvest renewable sunlight and start saving

Start the process online today.

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104

email: mthompson@sunlender.com

About

Why SunLender?

SunLender was created top benefit Solar Power System Installers and Homeowners

Demand for electricity is steadily increasing causing household electricity bills to skyrocket.

A homeowner’s cost control of electricity is unknown. A Solar Power System allows a homeowner to set a fixed cost and drive savings for years to come. SunLender is committed to providing property owners with a simplified solar financing solution, giving you the choice of either a lease or a loan. Our network of leading Installers can draw up custom plans to match your toughest roof requirements, resulting in a system tailor-made for your home for zero out-of-pocket expense.

The SunLender program was developed for Solar Power System Installers.

Solar Installers across the country don’t always have the resources to find financing for customers, or the capital to provide it themselves.

For the last 40 years, we have been working with the building trades financing distributors and Installers as well as consumer home improvement projects.  We understand your business, we understand that you have to present solutions to your customers, and we have designed our finance program to specifically address your needs. Our Installer partners can reap the benefits of our industry-specific experience, connections and network.

Integrated Portal – Our pre-qualifying quote system lets Installers and homeowners know immediately if they pre-qualify for a lease or loan. This proprietary solar proposal platform enables Installers to present professional sales proposals to residential customers. The proposal offers several financing options as well as graphic representation of their solar investment.

  • Quick Quote Ability – We are focused on helping you sell more and streamlining that process with our sales tools.  The Quick Quote tool allows Installers to model a variety of products and pricing with a minimum of input, which can easily be converted to a sales proposal.
  • Easy Proposal to Signature Process – Not only do we provide financing, but we also directly service all of our consumer leases and loans.  We are a one-stop-shop and are able to serve both you the installer and your homeowner customers more effectively.
  • We can finance more than just PV – We are a finance company, not just a solar finance company.  We do not limit you to only finance solar solutions. We keep up with our Installers to provide financing for energy management solutions.

More efficient than other programs – When you offer multiple residential solar finance solutions you can tailor your sales pitch to your customer’s needs and close more deals.  With one approval you can offer your customer:

  • SunLender™ Zero Down Solar Lease – The homeowner leases the solar PV equipment and makes a low monthly payment for the length of the contract term.
  • SunLender™ Zero Down Solar Loan – A fully amortized loan that provides a low monthly payment and path to ownership. The homeowner keeps the rebates and tax credits and increases the value of their home.
  • SunLender Plus™ Energy Efficiency Signature Loan – An unsecured loan that provides financing for energy efficiency solutions and can be approved simultaneously with a solar lease or loan.

Program tailored to Installer’s business – we only partner with the best and we trust our Installers

  • Easier program management – We developed our process given our 40-year experience working with the building trades.  Financing is a solution, but it should not overly burden your organization.
  • Faster payment – Experience gives us the insight to know that sales are important, but Cash Flow is more important.  Our program is tailored to help you grow your business and increase your origination.
  • Cash Flow – Interim Jobs/Construction financing provided by ProPower Construction allows you to grow sales and perpetuate deal flow.
  • Program is set up to scale with growth – Using online systems and tools, we are built for growth and have the ability to scale with you.

For Homeowners who want to go green, while saving green … SunLender is here to help you install and save

Every home is unique. There is no ‘one size fits all’ solar residential finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that your Installer can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow.

Our Installer partners can show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

Why SunLender?

  • Flexible Financing with little to no money down.
  • Rent or Own your equipment – the choice is yours.
  • Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
  • Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

SunLender

Loan or lease

$0 Down

Zero-Down Loan or Lease

No money up front, complete solar satisfaction.

Loan or Lease

You decide what is best for you

Clear comparison in the same proposal.

Worry Free

Extended Warranty for Peace of mind

24/7 system monitoring is comprehensive.

Easy Process

Quick, Simple & thorough

Uncomplicated steps put solar in your home

Start the process today …

Begin online

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

Yuma, Arizona

Yuma, Arizona, is a city in and the county seat of Yuma County, Arizona.   It is located in the southwestern corner of the state. Yuma is the principal city of the Yuma, AZ Metropolitan Statistical Area which consists of Yuma County. According to the U.S. Census Bureau, the 2014 estimated population of the Yuma MSA is 203,247.

Yuma is located near the borders of California to the west and Mexico to the south, and just west of the Gila River’s confluence with the Colorado River. The city is approximately 60 miles from the Gulf of California (Sea of Cortez), a branch of the Pacific Ocean.

Yuma city has a total area of 106.7 square miles, of which 106.6 square miles is land and 0.1 square miles is water.

Climate

Yuma is noted for its weather extremes. Of any populated place in the contiguous United States, Yuma is the driest, the sunniest, and the least humid, and has the lowest frequency of precipitation.  Yuma has a hot desert climate, with extremely hot summers and temperate winters. On most days Yuma sees plenty of sunshine and clear skies. The sun is said to shine during about 90 percent of the daylight hours, making Yuma, arguably, the sunniest place in the United States. On average, there are 308 sunny days per year in Yuma, Arizona, compared with 205 sunny days nationwide, making it a perfect application for Residential Solar Power (photovoltaic) systems.

Households

With a population of 203,247 people, Yuma, Arizona has a population density of 323.3 people per square mile.

Yuma has 26,649 households residing in the city, with a reported 38.8 percent of the households having children under the age of 18 living with them. The average household size was 2.79 and the average family size was 3.27.

According to a recent estimate, the median income for a household in the city was $39,885, and the median income for a family was $41,588.

Solar Energy

Yuma –

Residential Solar Water

Investing in a solar water system is a low-cost, high-impact way to harness the power of the sun. According to the U.S. Department of Energy, a solar water heater system can reduce your water heating bills by an average of 50 to 80 percent. TEP offers incentive that help reduce the up-front cost of these systems.

Terms & Conditions:

The current up-front incentive is $0.40 per kWh of system-rated performance, up to a maximum of $1,750. The incentive cannot exceed 50% of the total system cost. To qualify for a UFI, systems must carry at least a 10-year manufacturer’s warranty. All UFIs are provided in exchange for 20-years of Renewable Energy Credits (RECs).

Arizona Solar Power Industry – Tremendous growth

Arizona’s solar industry has had tremendous growth over the last 4 years. It is one of the sunniest states in America, and it is experiencing one of the largest increases in solar installations in the nation.

Arizona is a leader in solar generation

While California is the nation’s leader in the solar industry, Arizona is a robust second. According to the Solar Energy Industries Association, the leading states are:

  • California
  • Arizona
  • North Carolina
  • Massachusetts
  • New Jersey
  • Hawaii
  • Georgia
  • Texas
  • New York

Facts on the Arizona Solar Industry

There are currently more than 394 solar companies at work throughout the value chain in Arizona, employing 9,200 people.

In 2015, the use of solar in Arizona will save enough water to fill 25,000 swimming pools.

In 2014, Arizona installed 247 mW of solar electric capacity, ranking it fifth nationally.

The 2,101 mW of solar energy currently installed in Arizona ranks the state second in the country in installed solar capacity.  There is enough solar energy installed in the state to power 294,000 homes.

In 2014, $624 million was invested on solar installations in Arizona.

Average installed residential and commercial photovoltaic system prices in Arizona have fallen by 12% in the last year. National Prices have also dropped steadily — by 8% from last year and 49% from 2010.

Arizona ranked second in the nation in utility-scale electricity generation from solar energy.

Arizona, the 15th most populous state, ranked 43rd in per capita energy consumption, partly because of the state’s small industrial sector.

Arizona’s Renewable Environmental Standard requires 15% of the state’s electricity consumed in 2025 to come from renewable energy resources; in 2013, 7.8 % of Arizona’s net electricity generation came from renewable resources, primarily from the Glen Canyon and Hoover Dams.

Twenty-five percent of the energy consumed in Arizona homes is for air conditioning, which is more than four times the national average of 6 percent, according to EIA’s Residential Energy Consumption Survey.

Arizona Takes a Solar Advantage

Arizona is arguably the sunniest state in America, and the Arizona legislature has come through with new solar panel incentives to take advantage of this renewable resource.

Recently, the Environment Arizona Research Policy Center credited Arizonans with having the highest solar capacity per capita in the nation as well as being largely responsible for tripling solar use in the United States over the past three years.

One legislative move was to give every resident in Arizona who installs solar panels, a State Tax Credit of 25% of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30% Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and homeowners can deduct that after they subtract their rebate.

Arizona Net Metering

After months of workshops, regulatory filings and a media battle, last November, the Arizona Corporation Commission (ACC) made an important decision regarding net metering. While Arizona Public Service Co.’s (APS) original proposal of a $50-$100 monthly charge was rejected, the ACC did approve a $0.70/kW monthly charge for new residential solar customer (a $3.50 monthly charge for a 5 kW system). In 2014, ACC has held a workshop process to further investigate the true costs and benefits of solar. Throughout this process and discussion, it has become evident that Arizonans care deeply about their right to generate their own power from the sun.

Arizona State Solar Policy Resources

Arizona Corporation Commission – Learn about the governing body that regulates the electricity rates and services of Arizona public utilities

Arizona State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Arizona

Arizona Governor’s Office of Energy Policy – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics

Arizona State University – Solar Power Lab – Read about the innovative solar technology research taking place at Arizona State University

Arizona Goes Solar – Learn about residential and commercial solar energy options and related regulations through a collaborative effort led by the Arizona Corporation Commission and implemented by the regulated electric utilities in Arizona

DSIRE Incentives Database – Arizona – Search a public clearinghouse for specific solar energy incentives in Arizona and across the United States

U.S. Energy Information Administration – Arizona State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government

Arizona Solar Power:  Rankings, Use and Incentives

Arizona is arguably the sunniest state in the U.S. and it is firmly in the U.S.’s Sunbelt, making it an ideal state for solar installations. As such some of the world’s largest solar farms are being built in the state’s borders and helped Arizona gain a ranking of No. 3 last year in the number of jobs in the solar energy industry. The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. Arizona added 612 jobs in solar last year, a 7.2 percent growth rate.

Some of the solar power generated by Arizona’s solar farms is being used to power its bigger neighbor, California, some used within the state. Arizona’s renewable portfolio standard, which mandates utilities are required to acquire 15 percent of their electricity from renewable resources by 2025. Of that, 30 percent must come from distributed generation like on homes and businesses. As such the state and utilities in the state have programs that offer incentives for solar on people’s homes and businesses. These include net-metering and rebates through utilities and other incentives from the state and from municipalities. Such incentives include personal, property and sales tax credits.

Tax credits and rebates are available to property owners who upgrade or maintain renewable energy sources. One such program is Arizona’s Energy Equipment Property Tax Exemption, under which renewable electric generation, including solar thermal electric, photovoltaics, landfill gas, wind and biomass is not considered by the state to add. In addition, solar and wind-energy-generating equipment are exempted from sales tax.

Under Arizona’s net-metering rules homeowners and variety of other entities including businesses and municipal entities, among others, renewable energy installations up to 125 percent of their energy usage can qualify for net-metering. Under the rules, net excess generation can carry forward over a year period until it’s reimbursed to the person or entity at the utility’s avoided-cost rate.

Many utilities in Arizona offer rebates or payback programs to customers who install solar- or wind-power-generating equipment on their property. Depending on the rebate program, the utility may reimburse the system based on how many kilowatt hours the system is anticipated to produce over a 20-year lifespan. The utility will use those calculations to determine what the rebate for a system is. However, reimbursement funds are limited, so it is a good idea to check with both solar installers and local utilities to determine what current rebates are. Installers will also help home or business owners understand how much they can expect in incentives and rebates.

Arizona Solar Power Rebates

Arizona, with its strong Renewable Portfolio Standard (RPS), provided a solid foundation for solar panel rebate programs offered by all Arizona electric utilities.  An RPS set by the Arizona Corporate Commission and requires 15 percent renewable energy by 2025 among regulated utilities, 4.5 percent of which must come from distributed renewable energy sources. As of January 30, 2013[update], 19 projects, with a total nameplate capacity of 13.450 gW are actively seeking permission to build on federally owned BLM land in Arizona, and one, the 300 mW Sonoran Solar Project has been approved.

Arizona’s solar panel rebates give many residents a sizable chunk of cash towards their solar panel installation price with varying caps based on the size of your system.

Arizona’s solar power incentives include

(Utility Company – Rebate amount – Cap)

  • APS – $100/kW – $50,000
  • Electric District #3 – $200/kW – $2,000
  • Mohave Electric Cooperative – 40% of total cost up to $25,000
  • SRO – $100/kW – $500
  • Sulphur Springs Valley EC – $250/kW – $2,500
  • TEP – $100/kW – 50% of install cost up to 30kW
  • Trico – $100/kW – 30% of install cost for less than 10kW systems

How do solar rebates work? Similar to getting a rebate card from your local big box store for a dishwasher purchase, state legislatures also provide rebates for solar panel purchases to spur on investment and create new jobs. If you purchase the solar panel system yourself, you qualify for this free cash, which is often a lump payment back to you. Some solar installers like to take this amount directly off the total installed price, and they’ll handle the paperwork for you to make things a lot less complex.

Arizona Solar Power Tax Credits– 25% capped at $1k

Every resident in Arizona who installs solar panels gets a State Tax Credit of 25 percent of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30 percent Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and you’ll deduct that after you subtract your rebate.

About state solar tax credits: State tax credits are not technically free money. However, they are ‘credits’ and not ‘deductions’ which means that if you have the tax appetite to take advantage of them, then they can be a 1-to-1 dollar amount off your taxes instead of a fraction of the cost of the system. So that means they can be an important factor to consider. In certain circumstances, state tax credits can provide a very powerful incentive for people to go solar.

Property Tax Exemption — 100%

Arizona homeowners with solar panels in Arizona get two other benefits from the state:

First, your solar purchase is exempt from higher property taxes due to the increased value of your home. Property tax exemption status is a pretty big factor when putting together your investment considerations. Many argue that solar power adds approximately 20 times your annual electricity bill savings if you own the system and are not leasing.

For many average-sized solar power systems on a house, that can mean $20,000 to your home value. An additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state. However, many states have complete exemptions from added taxes when you install solar on your home!

The second benefit is:

Sales Tax Exemption — 100%

Arizona allows you to be exempt from sales tax on your solar purchase!

Arizona Net Metering

After a long struggle, Arizona solar panels are finally governed by a net-metering standard policy, and that’s great.Net metering is the policy that lets you store your extra solar energy with the utility, and they then credit your bill at night when there is no sun.

Arizona is offering net metering with no limit on the number of customers who can get it. All they ask is that you don’t get more solar than 125 percent of your current electric needs.

Even better, for that extra 25 percent of power that your solar panels can generate in Arizona, the utility is going to pay you extra cash at the end of the year. The rate is going to vary and has to be approved by the Public Utility Commission.

That means if you go all the way and buy a system that takes care of 125 percent of your current electric needs, you’ll not only get free electricity, but some spending money on top.

Arizona Interconnection Rules — None.

Interconnection rules are a little technical, but they basically allow you to “plug in” to the electric grid with solar panels on your roof.

Solar Financial Incentives in Yuma

For your Residential Solar Financing in Yuma, the SunLender programs can save you money while ensuring that the process is easy for you. In addition the money you can save with SunLender, Solar Power Systems installed in Yuma can save homeowners money through several other programs.

Federal Tax Credits and Accelerated Depreciation

A 30 percent federal tax credit is offered for the installation of both residential and corporate solar energy systems. The tax credit is applied to the net cost after other rebates or grants have reduced the initial system cost. The current federal tax credit program is available through 2016.

Residential Renewable Energy Tax Credit: Homeowners installing new solar PV and solar water heating systems are eligible for his 30 percent tax credit. Download IRS Form 5695

Business Energy Investment Tax Credit: Businesses installing new solar PV and solar water heating systems are eligible for this 30 percent tax credit. Download IRS Form 3468.

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

Federal ITC

The Federal Government provides tax credits for businesses that invest in renewable energy.

Residential Renewable Energy Tax Credit

The Federal Government provides tax credits for residential renewable energy

To take advantage of Residential Solar PV Systems for your home or your customers’ homes … SunLender makes sense …

SunLender programs include:

SunLender™ Residential Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home.  SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Installer partners can show you how to “reduce” your energy usage with energy efficiency products, before you decide to “produce” with a solar system – ensuring that you get the right size system for your home. Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses.  If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. The Signature Loan is a secured term loan for financing the purchase and installation of energy efficiency products for your home with a term up to 7 years.

SunLender Pro™ Commercial Solar Financing

Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects. The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 15 years.

Pro Power Construction Interim Job Financing

One of the biggest challenges for Installers is cash flow during the construction phase of a project. Ramco/SunLender solves all that with ProPower Construction. Interim milestone payments are available to Installers from the beginning of a project. Greater Installer cash flow allows faster Installer growth and deal flow.

Start the process today, for your own home or for your customers’ homes …

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

 

Residential Solar Financing in Tempe

xTempeIn Tempe, Arizona, once known as Hayden’s Ferry, during the days of the Arizona Territory, and throughout Maricopa County, the Phoenix, Arizona Metropolitan Statistical Area, Arizona and the Sunbelt states, Renewable Asset Management Company, LLC and SunLender™ provide residential solar financing directly through a network of leading Solar Power System (photovoltaic system) Installation companies. For Residential Solar Financing in Tempe and throughout Arizona, SunLender can be counted on as your go-to provider.

Since 2011, the SunLender programs have allowed Solar Power Installers to provide solar financing to their residential solar customers with a 20-year operating lease or a 10-year or 15-year loan. And Renewable Asset Management Company (RAMCO) is a proven leader in renewable energy financing, and in conjunction with affiliated companies have offered a variety of commercial and residential solar financing programs since 2008.

Residential Solar Financing in Tempe and America

The SunLender Lease and Loan programs are offered to approved Solar Power System Installers in Arizona, California and Hawaii. The SunLender Loan solar financing program is also currently available in Oregon, Michigan, Minnesota, North Carolina, South Carolina, Texas and Washington

Do you want to do what’s best for your customers?

We can save your customers up to an additional $13K on a typical $20K solar system.

Since our lease term is 20 years instead of 25, with the same or lower monthly payment as other financing programs, we can generate significant savings to your customers just by financing with SunLender.

  • Same System
  • Same Monthly Payment
  • Same Utility Savings
  • Less Total Cost

Contact SunLender for your Residential Solar Financing in Tempe, Arizona.

Do the right thing for your customers.
Call SunLender today.

Call Mike Thompson to secure
the shortest term for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

The SunLender Difference:

SunLender™ Residential
Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home. SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses. If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. Our Installer partners can show you how to lower your energy usage with energy efficiency products, before you decide to generate power with a solar system – ensuring that you get the right size solar system for your home.
  • Signature Loan – The Signature Loan is a secured term loan for financing the purchase and installation of energy-efficiency products for your home with a term up to 7 years.

SunLender Pro™

  • Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects.

Commercial Solar Financing

Loan – The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 10 years.

We are looking for quality Installers in select markets

With SunLender, You Get:

  • Cash Flow – Installer job/construction financing through SunLender provides Solar Power System Installers with needed cash as early as customer credit approval.
  • Ease of Use – The SunLender proprietary solar proposal platform is comprehensive, uncomplicated and makes closing sales easy.
  • Less Red Tape – SunLender financing requires significantly less administrative burden than other financial programs in the solar market
  • Immediate Credit Approval – With SunLender, Solar Power System Installers can offer conditional financing approval to Homeowners in minutes.
  • Total Solution – SunLender is a complete in-house one-stop solar financing program, from originations and funding to servicing, and operations and maintenance.
  • Experience – 41-year financing foundation providing Installers and their customers unique credit programs, and financing renewables since 2008

Contact us to Demo the Program and see how SunLender can help you grow your business.

Available Programs:

SunLender™ Zero Down
Solar Lease

SunLender™ Zero Down
Solar Loan

SunLender Plus™ Energy Efficiency Signature Loan

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

SunLender designed to provide Solar Power System Installers with the cash flow

 

If your company is based in the Tempe area, Maricopa County, the Phoenix Metropolitan Area, or throughout Arizona, or you have a West Coast or Sunbelt client-base or solar system to install, the SunLender program is uniquely designed to provide Solar Power System Installers with the cash flow they need to grow. For your Residential Solar Financing in Tempe, the SunLender enhanced program allows Installers to leverage the partnerships, connections and network of RAMCO, and now provides interim project financing through the Pro Power Green™ Construction Financing program, allowing Installers to get paid faster and fund growth without typical construction cash-flow constraints inherent to other finance programs and Funds. The SunLender program is tailored to help Installers grow their business and increase their sales.

The SunLender portal provides a single-source quoting platform that offers Solar Power System Installers the ability to quote Homeowners a solar loan and a solar lease within the same proposal, in approved states, thereby allowing the consumer to choose the financing product best suited to their needs; and providing Installers the tools and financing options to close more deals.

SunLender Solar Lease or Loan makes it easy to Reduce Energy Costs

Step 1 Request a free solar home evaluation

Step 2 — Fill out credit app to see how much you can save

Step 3 — Have your solar system designed and installed

Step 4 — Harvest renewable sunlight and start saving

Start the process online today.

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104

email: mthompson@sunlender.com

About

Why SunLender?

SunLender was created top benefit Solar Power System Installers and Homeowners

 

Demand for electricity is steadily increasing causing household electricity bills to skyrocket.

 

A homeowner’s cost control of electricity is unknown. A Solar Power System allows a homeowner to set a fixed cost and drive savings for years to come. SunLender is committed to providing property owners with a simplified solar financing solution, giving you the choice of either a lease or a loan. Our network of leading Installers can draw up custom plans to match your toughest roof requirements, resulting in a system tailor-made for your home for zero out-of-pocket expense.

 

The SunLender program was developed for Solar Power System Installers.

Solar Installers across the country don’t always have the resources to find financing for customers, or the capital to provide it themselves.

For the last 40 years, we have been working with the building trades financing distributors and Installers as well as consumer home improvement projects.  We understand your business, we understand that you have to present solutions to your customers, and we have designed our finance program to specifically address your needs. Our Installer partners can reap the benefits of our industry-specific experience, connections and network.

Integrated Portal – Our pre-qualifying quote system lets Installers and homeowners know immediately if they pre-qualify for a lease or loan. This proprietary solar proposal platform enables Installers to present professional sales proposals to residential customers. The proposal offers several financing options as well as graphic representation of their solar investment.

  • Quick Quote Ability – We are focused on helping you sell more and streamlining that process with our sales tools.  The Quick Quote tool allows Installers to model a variety of products and pricing with a minimum of input, which can easily be converted to a sales proposal.
  • Easy Proposal to Signature Process – Not only do we provide financing, but we also directly service all of our consumer leases and loans.  We are a one-stop-shop and are able to serve both you the installer and your homeowner customers more effectively.
  • We can finance more than just PV – We are a finance company, not just a solar finance company.  We do not limit you to only finance solar solutions. We keep up with our Installers to provide financing for energy management solutions.

More efficient than other programs – When you offer multiple residential solar finance solutions you can tailor your sales pitch to your customer’s needs and close more deals.  With one approval you can offer your customer:

  • SunLender™ Zero Down Solar Lease – The homeowner leases the solar PV equipment and makes a low monthly payment for the length of the contract term.
  • SunLender™ Zero Down Solar Loan – A fully amortized loan that provides a low monthly payment and path to ownership. The homeowner keeps the rebates and tax credits and increases the value of their home.
  • SunLender Plus™ Energy Efficiency Signature Loan – An unsecured loan that provides financing for energy efficiency solutions and can be approved simultaneously with a solar lease or loan.

Program tailored to Installer’s business – we only partner with the best and we trust our Installers

  • Easier program management – We developed our process given our 40-year experience working with the building trades.  Financing is a solution, but it should not overly burden your organization.
  • Faster payment – Experience gives us the insight to know that sales are important, but Cash Flow is more important.  Our program is tailored to help you grow your business and increase your origination.
  • Cash Flow – Interim Jobs/Construction financing provided by ProPower Construction allows you to grow sales and perpetuate deal flow.
  • Program is set up to scale with growth – Using online systems and tools, we are built for growth and have the ability to scale with you.

For Homeowners who want to go green, while saving green … SunLender is here to help you install and save

Every home is unique. There is no ‘one size fits all’ solar residential finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that your Installer can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow.

Our Installer partners can show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

Why SunLender?

  • Flexible Financing with little to no money down.
  • Rent or Own your equipment – the choice is yours.
  • Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
  • Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

 

SunLender

Loan or lease

 

$0 Down

Zero-Down Loan or Lease

No money up front, complete solar satisfaction.

 

Loan or Lease

You decide what is best for you

Clear comparison in the same proposal.

 

Worry Free

Extended Warranty for Peace of mind

24/7 system monitoring is comprehensive.

 

Easy Process

Quick, Simple & thorough

Uncomplicated steps put solar in your home

Start the process today …

Begin online

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

 

Tempe, Arizona

Tempe is a city in Arizona’s Maricopa County and was named after the Vale of Tempe in Greece. Tempe is located in the East Valley section of Metropolitan Phoenix. Tempe is an inner suburb, located between the core city of Phoenix and the rest of the East Valley, and is bordered by Phoenix and Guadalupe on the west, Scottsdale on the north, Chandler on the south, and Mesa on the east. As of the 2010 Census, the population was 161,719, and its residents are looking for more residential solar energy and renewable energy alternatives.

Climate

Located in the Sonoran Desert, Tempe has a desert climate with mild winters and very hot summers. On most days Tempe sees plenty of sunshine and clear skies. On average, there are 301 sunny days per year in Tempe, Arizona, compared with 205 sunny days nationwide, making it a perfect application for Residential Solar Power (photovoltaic) systems.

Households

With a population of 161,719 people, Tempe, Arizona has 63,602 households and 33,645 families residing in the city, with an average household size of 2.82 people. Of those households, 24.4 percent had  children under the age of 18 living with them and the median age on Mesa is 29 years old. The population density is 3,959.7  people per square mile, with 67,068 total housing units at an average density of 1,674.1 per square mile.

According to a recent estimate, the median income for a household in Tempe was $42,361 and the median income for a family was $55,237.

 

Solar Energy

Tempe, Arizona –

The City of Tempe encourages residents to make green retrofits to their homes.

For Solar Energy Systems:

Arizona Goes Solar:  The Arizona Corporation Commission launched the Arizona Goes Solar website as a one-stop-shop for homeowners and business owners who are interested in learning more about going solar (solar panels, or solar water heaters).  The website includes utility rebate information, state and federal incentives, and a solar mapping function that identifies the number of solar installations and the total energy produced from those installations in a given zip code. www.arizonagoessolar.org
Solar Lease:  An affordable alternative to purchasing a solar PV system is a solar lease.  Solar lease payments are often the same or less than monthly energy savings, resulting in no added cost or even cost savings to the homeowner. See the SunLender http://sunlender.com/sunlender/and RAMCO http://ramcofunding.com/ramco/websites for information.

 

Residential Energy Assistance Programs

These programs are sponsored by utilities, non-profits and the state and federal government. They offer energy efficient options, at reduced rates, to those who qualify.

LIHEAP (Low-Income Home Energy Assistance Program): Federal government funding to help make homes more energy efficient

DAAS (DES Division of Aging and Adult Services):

Contact Information and Resources

Mailing Address: Arizona Department of Economic Security Division of Aging and Adult Services (DAAS) 1789 West Jefferson Street (Site Code 950A) Phoenix, AZ 85007

Main Telephone Number: (602) 542-4446

Project SHARE (Service to Help Arizonans with Relief on Energy): Assistance for elderly and disabled to pay energy bills

SRP Energy Wise Economy Price Plans

APS Limited Income Programs 

WAP (Weatherization Assistance Program): Federally funded, administered by state and county – Maricopa County, Human Services, Community Services Division

 

Existing Residential Utility Rebate Programs 

APS and SRP offer a $99 energy audit ($400 value)

Utility provides list of suggested energy audit contractors

Homeowners can save up to 30% on utility bill annually

APS Rebates

Up to $250 to seal leaky ductwork and for insulation

Up to $270 to replace AC unit

$30 rebate to turn in old fridge

SRP Rebates

Up to $400 to replace AC unit or heat pump with a qualifying high-efficiency system

$50 rebate to turn in old fridge

Rebates on pool pumps, shade screens and air duct repairs

 

Arizona Solar Power Industry – Tremendous growth

Arizona’s solar industry has had tremendous growth over the last 4 years. It is one of the sunniest states in America, and it is experiencing one of the largest increases in solar installations in the nation.

 

Arizona is a leader in solar generation

While California is the nation’s leader in the solar industry, Arizona is a robust second. According to the Solar Energy Industries Association, the leading states are:

  • California
  • Arizona
  • North Carolina
  • Massachusetts
  • New Jersey
  • Hawaii
  • Georgia
  • Texas
  • New York

Facts on the Arizona Solar Industry

There are currently more than 394 solar companies at work throughout the value chain in Arizona, employing 9,200 people.

In 2015, the use of solar in Arizona will save enough water to fill 25,000 swimming pools.

In 2014, Arizona installed 247 mW of solar electric capacity, ranking it fifth nationally.

The 2,101 mW of solar energy currently installed in Arizona ranks the state second in the country in installed solar capacity.  There is enough solar energy installed in the state to power 294,000 homes.

In 2014, $624 million was invested on solar installations in Arizona.

Average installed residential and commercial photovoltaic system prices in Arizona have fallen by 12% in the last year. National Prices have also dropped steadily — by 8% from last year and 49% from 2010.

Arizona ranked second in the nation in utility-scale electricity generation from solar energy.

Arizona, the 15th most populous state, ranked 43rd in per capita energy consumption, partly because of the state’s small industrial sector.

Arizona’s Renewable Environmental Standard requires 15% of the state’s electricity consumed in 2025 to come from renewable energy resources; in 2013, 7.8 % of Arizona’s net electricity generation came from renewable resources, primarily from the Glen Canyon and Hoover Dams.

Twenty-five percent of the energy consumed in Arizona homes is for air conditioning, which is more than four times the national average of 6 percent, according to EIA’s Residential Energy Consumption Survey.

 

Arizona Takes a Solar Advantage

Arizona is arguably the sunniest state in America, and the Arizona legislature has come through with new solar panel incentives to take advantage of this renewable resource.

Recently, the Environment Arizona Research Policy Center credited Arizonans with having the highest solar capacity per capita in the nation as well as being largely responsible for tripling solar use in the United States over the past three years.

One legislative move was to give every resident in Arizona who installs solar panels, a State Tax Credit of 25% of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30% Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and homeowners can deduct that after they subtract their rebate.

 

Arizona Net Metering

After months of workshops, regulatory filings and a media battle, last November, the Arizona Corporation Commission (ACC) made an important decision regarding net metering. While Arizona Public Service Co.’s (APS) original proposal of a $50-$100 monthly charge was rejected, the ACC did approve a $0.70/kW monthly charge for new residential solar customer (a $3.50 monthly charge for a 5 kW system). In 2014, ACC has held a workshop process to further investigate the true costs and benefits of solar. Throughout this process and discussion, it has become evident that Arizonans care deeply about their right to generate their own power from the sun.

 

Arizona State Solar Policy Resources

Arizona Corporation Commission – Learn about the governing body that regulates the electricity rates and services of Arizona public utilities

Arizona State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Arizona

Arizona Governor’s Office of Energy Policy – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics

Arizona State University – Solar Power Lab – Read about the innovative solar technology research taking place at Arizona State University

Arizona Goes Solar – Learn about residential and commercial solar energy options and related regulations through a collaborative effort led by the Arizona Corporation Commission and implemented by the regulated electric utilities in Arizona

DSIRE Incentives Database – Arizona – Search a public clearinghouse for specific solar energy incentives in Arizona and across the United States

U.S. Energy Information Administration – Arizona State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government

 

 

Arizona Solar Power:  Rankings, Use and Incentives

Arizona is arguably the sunniest state in the U.S. and it is firmly in the U.S.’s Sunbelt, making it an ideal state for solar installations. As such some of the world’s largest solar farms are being built in the state’s borders and helped Arizona gain a ranking of No. 3 last year in the number of jobs in the solar energy industry. The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. Arizona added 612 jobs in solar last year, a 7.2 percent growth rate.

Some of the solar power generated by Arizona’s solar farms is being used to power its bigger neighbor, California, some used within the state. Arizona’s renewable portfolio standard, which mandates utilities are required to acquire 15 percent of their electricity from renewable resources by 2025. Of that, 30 percent must come from distributed generation like on homes and businesses. As such the state and utilities in the state have programs that offer incentives for solar on people’s homes and businesses. These include net-metering and rebates through utilities and other incentives from the state and from municipalities. Such incentives include personal, property and sales tax credits.

Tax credits and rebates are available to property owners who upgrade or maintain renewable energy sources. One such program is Arizona’s Energy Equipment Property Tax Exemption, under which renewable electric generation, including solar thermal electric, photovoltaics, landfill gas, wind and biomass is not considered by the state to add. In addition, solar and wind-energy-generating equipment are exempted from sales tax.

Under Arizona’s net-metering rules homeowners and variety of other entities including businesses and municipal entities, among others, renewable energy installations up to 125 percent of their energy usage can qualify for net-metering. Under the rules, net excess generation can carry forward over a year period until it’s reimbursed to the person or entity at the utility’s avoided-cost rate.

Many utilities in Arizona offer rebates or payback programs to customers who install solar- or wind-power-generating equipment on their property. Depending on the rebate program, the utility may reimburse the system based on how many kilowatt hours the system is anticipated to produce over a 20-year lifespan. The utility will use those calculations to determine what the rebate for a system is. However, reimbursement funds are limited, so it is a good idea to check with both solar installers and local utilities to determine what current rebates are. Installers will also help home or business owners understand how much they can expect in incentives and rebates.

 

Tempe, Arizona Solar Power Rebates

The SRP (Salt River Project) Residential Solar Electric Program is designed to help residents  interconnect their solar electric system safely to SRP’s electric grid. To help safe-guard solar PV system residents, any solar added at their homes need to be reviewed and approved before they use or connect to the SRP grid. While they may find off-the-shelf solar units available at home improvement stores or online, homeowners are advised to be cautious about installing electric equipment at your home.

Our solar process is designed to review equipment to ensure it meets the proper specifications, codes, and IL listings.

For information on rebates and opportunities in Tempe, check the SRP website: www.srpnet.com.

 

Renewable Portfolio Standard

Arizona, with its strong Renewable Portfolio Standard (RPS), provides a solid foundation for solar panel rebate programs offered by all Arizona electric utilities.  An RPS set by the Arizona Corporate Commission and requires 15 percent renewable energy by 2025 among regulated utilities, 4.5 percent of which must come from distributed renewable energy sources. As of January 30, 2013[update], 19 projects, with a total nameplate capacity of 13.450 gW are actively seeking permission to build on federally owned BLM land in Arizona, and one, the 300 mW  Sonoran Solar Project has been approved.

Arizona’s solar panel rebates give many residents a sizable chunk of cash towards their solar panel installation price with varying caps based on the size of your system.

Arizona’s solar power incentives include

(Utility Company – Rebate amount – Cap)

  • APS – $100/kW – $50,000
  • Electric District #3 – $200/kW – $2,000
  • Mohave Electric Cooperative – 40% of total cost up to $25,000
  • SRO – $100/kW – $500
  • Sulphur Springs Valley EC – $250/kW – $2,500
  • TEP – $100/kW – 50% of install cost up to 30kW
  • Trico – $100/kW – 30% of install cost for less than 10kW systems

How do solar rebates work? Similar to getting a rebate card from your local big box store for a dishwasher purchase, state legislatures also provide rebates for solar panel purchases to spur on investment and create new jobs. If you purchase the solar panel system yourself, you qualify for this free cash, which is often a lump payment back to you. Some solar installers like to take this amount directly off the total installed price, and they’ll handle the paperwork for you to make things a lot less complex.

Arizona Solar Power Tax Credits– 25% capped at $1k

Every resident in Arizona who installs solar panels gets a State Tax Credit of 25 percent of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30 percent Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and you’ll deduct that after you subtract your rebate.

About state solar tax credits: State tax credits are not technically free money. However, they are ‘credits’ and not ‘deductions’ which means that if you have the tax appetite to take advantage of them, then they can be a 1-to-1 dollar amount off your taxes instead of a fraction of the cost of the system. So that means they can be an important factor to consider. In certain circumstances, state tax credits can provide a very powerful incentive for people to go solar.

Property Tax Exemption — 100%

Arizona homeowners with solar panels in Arizona get two other benefits from the state:

First, your solar purchase is exempt from higher property taxes due to the increased value of your home. Property tax exemption status is a pretty big factor when putting together your investment considerations. Many argue that solar power adds approximately 20 times your annual electricity bill savings if you own the system and are not leasing.

For many average-sized solar power systems on a house, that can mean $20,000 to your home value. An additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state. However, many states have complete exemptions from added taxes when you install solar on your home!

The second benefit is:

Sales Tax Exemption — 100%

Arizona allows you to be exempt from sales tax on your solar purchase!

Arizona Net Metering

After a long struggle, Arizona solar panels are finally governed by a net-metering standard policy, and that’s great.Net metering is the policy that lets you store your extra solar energy with the utility, and they then credit your bill at night when there is no sun.

Arizona is offering net metering with no limit on the number of customers who can get it. All they ask is that you don’t get more solar than 125 percent of your current electric needs.

Even better, for that extra 25 percent of power that your solar panels can generate in Arizona, the utility is going to pay you extra cash at the end of the year. The rate is going to vary and has to be approved by the Public Utility Commission.

That means if you go all the way and buy a system that takes care of 125 percent of your current electric needs, you’ll not only get free electricity, but some spending money on top.

Arizona Interconnection Rules — None.

Interconnection rules are a little technical, but they basically allow you to “plug in” to the electric grid with solar panels on your roof.

Solar Financial Incentives in Tempe

For your Residential Solar Financing in Tempe, the SunLender programs can save you money while ensuring that the process is easy for you. In addition the money you can save with SunLender, Solar Power Systems installed in Tempe can save homeowners money through several other programs.

Federal Tax Credits and Accelerated Depreciation

A 30 percent federal tax credit is offered for the installation of both residential and corporate solar energy systems. The tax credit is applied to the net cost after other rebates or grants have reduced the initial system cost. The current federal tax credit program is available through 2016.

Residential Renewable Energy Tax Credit: Homeowners installing new solar PV and solar water heating systems are eligible for his 30 percent tax credit. Download IRS Form 5695.

 

Business Energy Investment Tax Credit: Businesses installing new solar PV and solar water heating systems are eligible for this 30 percent tax credit. Download IRS Form 3468.

 

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

Federal ITC

The Federal Government provides tax credits for businesses that invest in renewable energy.

Residential Renewable Energy Tax Credit

The Federal Government provides tax credits for residential renewable energy

To take advantage of Residential Solar PV Systems for your home or your customers’ homes … SunLender makes sense …

SunLender programs include:

SunLender™ Residential Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home.  SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Installer partners can show you how to “reduce” your energy usage with energy efficiency products, before you decide to “produce” with a solar system – ensuring that you get the right size system for your home. Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses.  If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. The Signature Loan is a secured term loan for financing the purchase and installation of energy efficiency products for your home with a term up to 7 years.

SunLender Pro™ Commercial Solar Financing

Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects. The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 15 years.

Pro Power Construction Interim Job Financing

One of the biggest challenges for Installers is cash flow during the construction phase of a project. Ramco/SunLender solves all that with ProPower Construction. Interim milestone payments are available to Installers from the beginning of a project. Greater Installer cash flow allows faster Installer growth and deal flow.

Start the process today, for your own home or for your customers’ homes …

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

 

Residential Solar Financing in Mesa

xMesaIn Mesa, Arizona, the third-largest city in Arizona, after Phoenix and Tucson, and throughout Arizona and the Sunbelt states, Renewable Asset Management Company, LLC and SunLender™ provide residential solar financing directly through a network of leading Solar Power System (photovoltaic system) Installation companies. For Residential Solar Financing in Mesa and throughout Arizona, SunLender can be counted on as your go-to provider.

Since 2011, the SunLender programs have allowed Solar Power Installers to provide solar financing to their residential solar customers with a 20-year operating lease or a 10-year or 15-year loan. And Renewable Asset Management Company (RAMCO) is a proven leader in renewable energy financing, and in conjunction with affiliated companies have offered a variety of commercial and residential solar financing programs since 2008.

Residential Solar Financing in Mesa and America

The SunLender Lease and Loan programs are offered to approved Solar Power System Installers in Arizona, California and Hawaii. The SunLender Loan solar financing program is also currently available in Oregon, Michigan, Minnesota, North Carolina, South Carolina, Texas and Washington

Do you want to do what’s best for your customers?

We can save your customers up to an additional $13K on a typical $20K solar system.

Since our lease term is 20 years instead of 25, with the same or lower monthly payment as other financing programs, we can generate significant savings to your customers just by financing with SunLender.

  • Same System
  • Same Monthly Payment
  • Same Utility Savings
  • Less Total Cost

Contact SunLender for your Residential Solar Financing in Mesa, Arizona.

Do the right thing for your customers.
Call SunLender today.

Call Mike Thompson to secure
the shortest term for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

The SunLender Difference:

SunLender™ Residential
Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home. SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses. If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. Our Installer partners can show you how to lower your energy usage with energy efficiency products, before you decide to generate power with a solar system – ensuring that you get the right size solar system for your home.
  • Signature Loan – The Signature Loan is a secured term loan for financing the purchase and installation of energy-efficiency products for your home with a term up to 7 years.

SunLender Pro™

  • Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects.

Commercial Solar Financing

Loan – The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 10 years.

We are looking for quality Installers in select markets

With SunLender, You Get:

  • Cash Flow – Installer job/construction financing through SunLender provides Solar Power System Installers with needed cash as early as customer credit approval.
  • Ease of Use – The SunLender proprietary solar proposal platform is comprehensive, uncomplicated and makes closing sales easy.
  • Less Red Tape – SunLender financing requires significantly less administrative burden than other financial programs in the solar market
  • Immediate Credit Approval – With SunLender, Solar Power System Installers can offer conditional financing approval to Homeowners in minutes.
  • Total Solution – SunLender is a complete in-house one-stop solar financing program, from originations and funding to servicing, and operations and maintenance.
  • Experience – 41-year financing foundation providing Installers and their customers unique credit programs, and financing renewables since 2008

Contact us to Demo the Program and see how SunLender can help you grow your business.

Available Programs:

SunLender™ Zero Down
Solar Lease

SunLender™ Zero Down
Solar Loan

SunLender Plus™ Energy Efficiency Signature Loan

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

SunLender designed to provide Solar Power System Installers with the cash flow

If your company is based in the Mesa area, the East Valley section of the Phoenix Metropolitan Area, Maricopa County, or throughout Arizona, or you have a West Coast or Sunbelt client-base or solar system to install, the SunLender program is uniquely designed to provide Solar Power System Installers with the cash flow they need to grow. For your Residential Solar Financing in Mesa, the SunLender enhanced program allows Installers to leverage the partnerships, connections and network of RAMCO, and now provides interim project financing through the Pro Power Green™ Construction Financing program, allowing Installers to get paid faster and fund growth without typical construction cash-flow constraints inherent to other finance programs and Funds. The SunLender program is tailored to help Installers grow their business and increase their sales.

The SunLender portal provides a single-source quoting platform that offers Solar Power System Installers the ability to quote Homeowners a solar loan and a solar lease within the same proposal, in approved states, thereby allowing the consumer to choose the financing product best suited to their needs; and providing Installers the tools and financing options to close more deals.

SunLender Solar Lease or Loan makes it easy to Reduce Energy Costs

Step 1 Request a free solar home evaluation

Step 2 — Fill out credit app to see how much you can save

Step 3 — Have your solar system designed and installed

Step 4 — Harvest renewable sunlight and start saving

Start the process online today.

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104

email: mthompson@sunlender.com

About

Why SunLender?

SunLender was created top benefit Solar Power System Installers and Homeowners

Demand for electricity is steadily increasing causing household electricity bills to skyrocket.

A homeowner’s cost control of electricity is unknown. A Solar Power System allows a homeowner to set a fixed cost and drive savings for years to come. SunLender is committed to providing property owners with a simplified solar financing solution, giving you the choice of either a lease or a loan. Our network of leading Installers can draw up custom plans to match your toughest roof requirements, resulting in a system tailor-made for your home for zero out-of-pocket expense.

The SunLender program was developed for Solar Power System Installers.

Solar Installers across the country don’t always have the resources to find financing for customers, or the capital to provide it themselves.

For the last 40 years, we have been working with the building trades financing distributors and Installers as well as consumer home improvement projects.  We understand your business, we understand that you have to present solutions to your customers, and we have designed our finance program to specifically address your needs. Our Installer partners can reap the benefits of our industry-specific experience, connections and network.

Integrated Portal – Our pre-qualifying quote system lets Installers and homeowners know immediately if they pre-qualify for a lease or loan. This proprietary solar proposal platform enables Installers to present professional sales proposals to residential customers. The proposal offers several financing options as well as graphic representation of their solar investment.

  • Quick Quote Ability – We are focused on helping you sell more and streamlining that process with our sales tools.  The Quick Quote tool allows Installers to model a variety of products and pricing with a minimum of input, which can easily be converted to a sales proposal.
  • Easy Proposal to Signature Process – Not only do we provide financing, but we also directly service all of our consumer leases and loans.  We are a one-stop-shop and are able to serve both you the installer and your homeowner customers more effectively.
  • We can finance more than just PV – We are a finance company, not just a solar finance company.  We do not limit you to only finance solar solutions. We keep up with our Installers to provide financing for energy management solutions.

More efficient than other programs – When you offer multiple residential solar finance solutions you can tailor your sales pitch to your customer’s needs and close more deals.  With one approval you can offer your customer:

  • SunLender™ Zero Down Solar Lease – The homeowner leases the solar PV equipment and makes a low monthly payment for the length of the contract term.
  • SunLender™ Zero Down Solar Loan – A fully amortized loan that provides a low monthly payment and path to ownership. The homeowner keeps the rebates and tax credits and increases the value of their home.
  • SunLender Plus™ Energy Efficiency Signature Loan – An unsecured loan that provides financing for energy efficiency solutions and can be approved simultaneously with a solar lease or loan.

Program tailored to Installer’s business – we only partner with the best and we trust our Installers

  • Easier program management – We developed our process given our 40-year experience working with the building trades.  Financing is a solution, but it should not overly burden your organization.
  • Faster payment – Experience gives us the insight to know that sales are important, but Cash Flow is more important.  Our program is tailored to help you grow your business and increase your origination.
  • Cash Flow – Interim Jobs/Construction financing provided by ProPower Construction allows you to grow sales and perpetuate deal flow.
  • Program is set up to scale with growth – Using online systems and tools, we are built for growth and have the ability to scale with you.

For Homeowners who want to go green, while saving green … SunLender is here to help you install and save

Every home is unique. There is no ‘one size fits all’ solar residential finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that your Installer can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow.

Our Installer partners can show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

Why SunLender?

  • Flexible Financing with little to no money down.
  • Rent or Own your equipment – the choice is yours.
  • Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
  • Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

SunLender

Loan or lease

$0 Down

Zero-Down Loan or Lease

No money up front, complete solar satisfaction.

Loan or Lease

You decide what is best for you

Clear comparison in the same proposal.

Worry Free

Extended Warranty for Peace of mind

24/7 system monitoring is comprehensive.

Easy Process

Quick, Simple & thorough

Uncomplicated steps put solar in your home

Start the process today …

Begin online

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

Mesa, Arizona

Mesa is a city in Arizona’s Maricopa County and is a suburb located about 20 miles east of Phoenix. Mesa is the central city of the East Valley section of the Phoenix Metropolitan Area and is bordered by Tempe on the west, the Salt River Pima-Maricopa Indian Community on the north, Chandler and Gilbert on the south, and Apache Junction on the east. As of the 2010 Census, Mesa became Arizona’s center of population, and is the third-largest city in Arizona, after Phoenix and Tucson, as well as being  the 38th-largest city in America. Mesa is home to 439,041 people as of 2010 according to the Census Bureau and residents are looking for more solar energy and renewable energy alternatives.

The history of Mesa dates back at least 2,000 years to the arrival of the Hohokam people. The Hohokam, whose name means “All Used Up” or “The Departed Ones”, built the original canal system. The canals were the largest and most sophisticated in the prehistoric New World. Some were up to 90 feet wide and 10 feet deep at their head gates, extending for as far as 16 miles across the desert. By A.D. 1100 water could be delivered to an area over 110,000 acres transforming the Sonoran Desert into an agricultural oasis. By A.D. 1450, the Hohokam had constructed hundreds of miles of canals many of which are still in use today.

Climate

Located in the Sonoran Desert, Mesa has a desert climate with mild winters and very hot summers. On most days Mesa sees plenty of sunshine and clear skies. On average, there are 301 sunny days per year in Mesa, Arizona, compared with 205 sunny days nationwide, making it a perfect application for Residential Solar Power (photovoltaic) systems.

Households

With a population of 439,041 people, Mesa, Arizona has a population density 3,171.3 people per square mile.

Mesa has 146,643 households and 88,863 families residing in the city, with an average household size of 2.68 people. The median age was 32 years old.

According to a recent estimate, the median income for a household in Mesa was $42,817 and the median income for a family was $49,232.

Solar Energy

Mesa, Arizona –

Mesa’s Energy Resources Department has launched a solar pilot program for City electric customers. The pilot will provide up to $75,000 of incentives to qualified residents and business property owners in its electric service area who purchase and install a qualified solar photovoltaic (PV) system. In addition to budget limitations, total interconnections during the pilot period are limited to 500 kilowatts (kW). Since funding is limited, participants who qualify for the program will be selected on a first-come, first-served basis based on application submittal and acceptance. The program will run through June 2016.

Incentives for residential program participants will be limited to $1,000 ($0.20 per watt) for up to five (5) kWs. Commercial participants’ incentives will be limited to $15,000 ($0.20 per watt up to 75 kW).

In exchange for the incentive payment, the City receives the associated renewable energy credits and environmental benefits. A net metering program is also available under which the City of Mesa will purchase, from qualified net metering customers, energy produced from their PV system that is in excess of what they used. Customers and installations not qualified for incentives may qualify for net metering.

Arizona Solar Power Industry – Tremendous growth

Arizona’s solar industry has had tremendous growth over the last 4 years. It is one of the sunniest states in America, and it is experiencing one of the largest increases in solar installations in the nation.

Arizona is a leader in solar generation

While California is the nation’s leader in the solar industry, Arizona is a robust second. According to the Solar Energy Industries Association, the leading states are:

  • California
  • Arizona
  • North Carolina
  • Massachusetts
  • New Jersey
  • Hawaii
  • Georgia
  • Texas
  • New York

Facts on the Arizona Solar Industry

There are currently more than 394 solar companies at work throughout the value chain in Arizona, employing 9,200 people.

In 2015, the use of solar in Arizona will save enough water to fill 25,000 swimming pools.

In 2014, Arizona installed 247 mW of solar electric capacity, ranking it fifth nationally.

The 2,101 mW of solar energy currently installed in Arizona ranks the state second in the country in installed solar capacity.  There is enough solar energy installed in the state to power 294,000 homes.

In 2014, $624 million was invested on solar installations in Arizona.

Average installed residential and commercial photovoltaic system prices in Arizona have fallen by 12% in the last year. National Prices have also dropped steadily — by 8% from last year and 49% from 2010.

Arizona ranked second in the nation in utility-scale electricity generation from solar energy.

Arizona, the 15th most populous state, ranked 43rd in per capita energy consumption, partly because of the state’s small industrial sector.

Arizona’s Renewable Environmental Standard requires 15% of the state’s electricity consumed in 2025 to come from renewable energy resources; in 2013, 7.8 % of Arizona’s net electricity generation came from renewable resources, primarily from the Glen Canyon and Hoover Dams.

Twenty-five percent of the energy consumed in Arizona homes is for air conditioning, which is more than four times the national average of 6 percent, according to EIA’s Residential Energy Consumption Survey.

Arizona Takes a Solar Advantage

Arizona is arguably the sunniest state in America, and the Arizona legislature has come through with new solar panel incentives to take advantage of this renewable resource.

Recently, the Environment Arizona Research Policy Center credited Arizonans with having the highest solar capacity per capita in the nation as well as being largely responsible for tripling solar use in the United States over the past three years.

One legislative move was to give every resident in Arizona who installs solar panels, a State Tax Credit of 25% of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30% Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and homeowners can deduct that after they subtract their rebate.

Arizona Net Metering

After months of workshops, regulatory filings and a media battle, last November, the Arizona Corporation Commission (ACC) made an important decision regarding net metering. While Arizona Public Service Co.’s (APS) original proposal of a $50-$100 monthly charge was rejected, the ACC did approve a $0.70/kW monthly charge for new residential solar customer (a $3.50 monthly charge for a 5 kW system). In 2014, ACC has held a workshop process to further investigate the true costs and benefits of solar. Throughout this process and discussion, it has become evident that Arizonans care deeply about their right to generate their own power from the sun.

Arizona State Solar Policy Resources

Arizona Corporation Commission – Learn about the governing body that regulates the electricity rates and services of Arizona public utilities

Arizona State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Arizona

Arizona Governor’s Office of Energy Policy – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics

Arizona State University – Solar Power Lab – Read about the innovative solar technology research taking place at Arizona State University

Arizona Goes Solar – Learn about residential and commercial solar energy options and related regulations through a collaborative effort led by the Arizona Corporation Commission and implemented by the regulated electric utilities in Arizona

DSIRE Incentives Database – Arizona – Search a public clearinghouse for specific solar energy incentives in Arizona and across the United States

U.S. Energy Information Administration – Arizona State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government

Arizona Solar Power:  Rankings, Use and Incentives

Arizona is arguably the sunniest state in the U.S. and it is firmly in the U.S.’s Sunbelt, making it an ideal state for solar installations. As such some of the world’s largest solar farms are being built in the state’s borders and helped Arizona gain a ranking of No. 3 last year in the number of jobs in the solar energy industry. The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. Arizona added 612 jobs in solar last year, a 7.2 percent growth rate.

Some of the solar power generated by Arizona’s solar farms is being used to power its bigger neighbor, California, some used within the state. Arizona’s renewable portfolio standard, which mandates utilities are required to acquire 15 percent of their electricity from renewable resources by 2025. Of that, 30 percent must come from distributed generation like on homes and businesses. As such the state and utilities in the state have programs that offer incentives for solar on people’s homes and businesses. These include net-metering and rebates through utilities and other incentives from the state and from municipalities. Such incentives include personal, property and sales tax credits.

Tax credits and rebates are available to property owners who upgrade or maintain renewable energy sources. One such program is Arizona’s Energy Equipment Property Tax Exemption, under which renewable electric generation, including solar thermal electric, photovoltaics, landfill gas, wind and biomass is not considered by the state to add. In addition, solar and wind-energy-generating equipment are exempted from sales tax.

Under Arizona’s net-metering rules homeowners and variety of other entities including businesses and municipal entities, among others, renewable energy installations up to 125 percent of their energy usage can qualify for net-metering. Under the rules, net excess generation can carry forward over a year period until it’s reimbursed to the person or entity at the utility’s avoided-cost rate.

Many utilities in Arizona offer rebates or payback programs to customers who install solar- or wind-power-generating equipment on their property. Depending on the rebate program, the utility may reimburse the system based on how many kilowatt hours the system is anticipated to produce over a 20-year lifespan. The utility will use those calculations to determine what the rebate for a system is. However, reimbursement funds are limited, so it is a good idea to check with both solar installers and local utilities to determine what current rebates are. Installers will also help home or business owners understand how much they can expect in incentives and rebates.

Mesa, Arizona Solar Power Rebates

The SRP (Salt River Project) Residential Solar Electric Program is designed to help residents  interconnect their solar electric system safely to SRP’s electric grid. To help safe-guard solar PV system residents, any solar added at their homes need to be reviewed and approved before they use or connect to the SRP grid. While they may find off-the-shelf solar units available at home improvement stores or online, homeowners are advised to be cautious about installing electric equipment at your home.

Our solar process is designed to review equipment to ensure it meets the proper specifications, codes, and IL listings.

For information on rebates and opportunities in Mesa, check the SRP website: www.srpnet.com.

Renewable Portfolio Standard

Arizona, with its strong Renewable Portfolio Standard (RPS), provides a solid foundation for solar panel rebate programs offered by all Arizona electric utilities.  An RPS set by the Arizona Corporate Commission and requires 15 percent renewable energy by 2025 among regulated utilities, 4.5 percent of which must come from distributed renewable energy sources. As of January 30, 2013[update], 19 projects, with a total nameplate capacity of 13.450 gW are actively seeking permission to build on federally owned BLM land in Arizona, and one, the 300 mW  Sonoran Solar Project has been approved.

Arizona’s solar panel rebates give many residents a sizable chunk of cash towards their solar panel installation price with varying caps based on the size of your system.

Arizona’s solar power incentives include

(Utility Company – Rebate amount – Cap)

  • APS – $100/kW – $50,000
  • Electric District #3 – $200/kW – $2,000
  • Mohave Electric Cooperative – 40% of total cost up to $25,000
  • SRO – $100/kW – $500
  • Sulphur Springs Valley EC – $250/kW – $2,500
  • TEP – $100/kW – 50% of install cost up to 30kW
  • Trico – $100/kW – 30% of install cost for less than 10kW systems

How do solar rebates work? Similar to getting a rebate card from your local big box store for a dishwasher purchase, state legislatures also provide rebates for solar panel purchases to spur on investment and create new jobs. If you purchase the solar panel system yourself, you qualify for this free cash, which is often a lump payment back to you. Some solar installers like to take this amount directly off the total installed price, and they’ll handle the paperwork for you to make things a lot less complex.

Arizona Solar Power Tax Credits– 25% capped at $1k

Every resident in Arizona who installs solar panels gets a State Tax Credit of 25 percent of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30 percent Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and you’ll deduct that after you subtract your rebate.

About state solar tax credits: State tax credits are not technically free money. However, they are ‘credits’ and not ‘deductions’ which means that if you have the tax appetite to take advantage of them, then they can be a 1-to-1 dollar amount off your taxes instead of a fraction of the cost of the system. So that means they can be an important factor to consider. In certain circumstances, state tax credits can provide a very powerful incentive for people to go solar.

Property Tax Exemption — 100%

Arizona homeowners with solar panels in Arizona get two other benefits from the state:

First, your solar purchase is exempt from higher property taxes due to the increased value of your home. Property tax exemption status is a pretty big factor when putting together your investment considerations. Many argue that solar power adds approximately 20 times your annual electricity bill savings if you own the system and are not leasing.

For many average-sized solar power systems on a house, that can mean $20,000 to your home value. An additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state. However, many states have complete exemptions from added taxes when you install solar on your home!

The second benefit is:

Sales Tax Exemption — 100%

Arizona allows you to be exempt from sales tax on your solar purchase!

Arizona Net Metering

After a long struggle, Arizona solar panels are finally governed by a net-metering standard policy, and that’s great.Net metering is the policy that lets you store your extra solar energy with the utility, and they then credit your bill at night when there is no sun.

Arizona is offering net metering with no limit on the number of customers who can get it. All they ask is that you don’t get more solar than 125 percent of your current electric needs.

Even better, for that extra 25 percent of power that your solar panels can generate in Arizona, the utility is going to pay you extra cash at the end of the year. The rate is going to vary and has to be approved by the Public Utility Commission.

That means if you go all the way and buy a system that takes care of 125 percent of your current electric needs, you’ll not only get free electricity, but some spending money on top.

Arizona Interconnection Rules — None.

Interconnection rules are a little technical, but they basically allow you to “plug in” to the electric grid with solar panels on your roof.

Solar Financial Incentives in Mesa

For your Residential Solar Financing in Mesa, the SunLender programs can save you money while ensuring that the process is easy for you. In addition the money you can save with SunLender, Solar Power Systems installed in Mesa can save homeowners money through several other programs.

Federal Tax Credits and Accelerated Depreciation

A 30 percent federal tax credit is offered for the installation of both residential and corporate solar energy systems. The tax credit is applied to the net cost after other rebates or grants have reduced the initial system cost. The current federal tax credit program is available through 2016.

Residential Renewable Energy Tax Credit: Homeowners installing new solar PV and solar water heating systems are eligible for his 30 percent tax credit. Download IRS Form 5695.

Business Energy Investment Tax Credit: Businesses installing new solar PV and solar water heating systems are eligible for this 30 percent tax credit. Download IRS Form 3468.

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

Federal ITC

The Federal Government provides tax credits for businesses that invest in renewable energy.

Residential Renewable Energy Tax Credit

The Federal Government provides tax credits for residential renewable energy

To take advantage of Residential Solar PV Systems for your home or your customers’ homes … SunLender makes sense …

SunLender programs include:

SunLender™ Residential Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home.  SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Installer partners can show you how to “reduce” your energy usage with energy efficiency products, before you decide to “produce” with a solar system – ensuring that you get the right size system for your home. Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses.  If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. The Signature Loan is a secured term loan for financing the purchase and installation of energy efficiency products for your home with a term up to 7 years.

SunLender Pro™ Commercial Solar Financing

Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects. The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 15 years.

Pro Power Construction Interim Job Financing

One of the biggest challenges for Installers is cash flow during the construction phase of a project. Ramco/SunLender solves all that with ProPower Construction. Interim milestone payments are available to Installers from the beginning of a project. Greater Installer cash flow allows faster Installer growth and deal flow.

Start the process today, for your own home or for your customers’ homes …

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

 

Residential Solar Financing in Flagstaff

xFlagstaffIn Flagstaff, “City of Seven Wonders”, and throughout Arizona and the Sunbelt states, Renewable Asset Management Company, LLC and SunLender™ provide residential solar financing directly through a network of leading Solar Power System (photovoltaic system) Installation companies. For Residential Solar Financing in Flagstaff and throughout Arizona, SunLender can be counted on as your go-to provider.

Flagstaff, Arizona lies near the southwestern edge of the Colorado Plateau along the western side of the largest contiguous Ponderosa Pine forest in the continental United States. The combined metropolitan area of Flagstaff, in Coconino County, has an estimated population of 136,539. As Flagstaff sees an average of 266 sunny days per year, it is a perfect place to take advantage of residential solar power systems, and the residential solar financing programs offered by SunLender.

Since 2011, the SunLender programs have allowed Solar Power Installers to provide solar financing to their residential solar customers with a 20-year operating lease or a 10-year or 15-year loan. And Renewable Asset Management Company (RAMCO) is a proven leader in renewable energy financing, and in conjunction with affiliated companies have offered a variety of commercial and residential solar financing programs since 2008.

Residential Solar Financing in Flagstaff and America

The SunLender Lease and Loan programs are offered to approved Solar Power System Installers in Arizona, California and Hawaii. The SunLender Loan solar financing program is also currently available in Oregon, Michigan, Minnesota, North Carolina, South Carolina, Texas and Washington

Do you want to do what’s best for your customers?

We can save your customers up to an additional $13K on a typical $20K solar system.

Since our lease term is 20 years instead of 25, with the same or lower monthly payment as other financing programs, we can generate significant savings to your customers just by financing with SunLender.

  • Same System
  • Same Monthly Payment
  • Same Utility Savings
  • Less Total Cost

Contact SunLender for your Residential Solar Financing in Flagstaff.

Do the right thing for your customers.
Call SunLender today.

Call Mike Thompson to secure
the shortest term for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

The SunLender Difference:

SunLender™ Residential
Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home. SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses. If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. Our Installer partners can show you how to lower your energy usage with energy efficiency products, before you decide to generate power with a solar system – ensuring that you get the right size solar system for your home.
  • Signature Loan – The Signature Loan is a secured term loan for financing the purchase and installation of energy-efficiency products for your home with a term up to 7 years.

SunLender Pro™

  • Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects.

Commercial Solar Financing

Loan – The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 10 years.

We are looking for quality Installers in select markets

With SunLender, You Get:

  • Cash Flow – Installer job/construction financing through SunLender provides Solar Power System Installers with needed cash as early as customer credit approval.
  • Ease of Use – The SunLender proprietary solar proposal platform is comprehensive, uncomplicated and makes closing sales easy.
  • Less Red Tape – SunLender financing requires significantly less administrative burden than other financial programs in the solar market
  • Immediate Credit Approval – With SunLender, Solar Power System Installers can offer conditional financing approval to Homeowners in minutes.
  • Total Solution – SunLender is a complete in-house one-stop solar financing program, from originations and funding to servicing, and operations and maintenance.
  • Experience – 41-year financing foundation providing Installers and their customers unique credit programs, and financing renewables since 2008

Contact us to Demo the Program and see how SunLender can help you grow your business.

Available Programs:

SunLender™ Zero Down
Solar Lease

SunLender™ Zero Down
Solar Loan

SunLender Plus™ Energy Efficiency Signature Loan

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

SunLender designed to provide Solar Power System Installers with the cash flow

If your company is based in the Flagstaff area, or throughout Arizona, or if you have a West Coast or Sunbelt client-base or solar system to install, the SunLender program is uniquely designed to provide Solar Power System Installers with the cash flow they need to grow. For your Residential Solar Financing in Flagstaff, the SunLender enhanced program allows Installers to leverage the partnerships, connections and network of RAMCO, and now provides interim project financing through the Pro Power Green™ Construction Financing program, allowing Installers to get paid faster and fund growth without typical construction cash-flow constraints inherent to other finance programs and Funds. The SunLender program is tailored to help Installers grow their business and increase their sales.

The SunLender portal provides a single-source quoting platform that offers Solar Power System Installers the ability to quote Homeowners a solar loan and a solar lease within the same proposal, in approved states, thereby allowing the consumer to choose the financing product best suited to their needs; and providing Installers the tools and financing options to close more deals.

SunLender Solar Lease or Loan makes it easy to Reduce Energy Costs

Step 1 Request a free solar home evaluation

Step 2 — Fill out credit app to see how much you can save

Step 3 — Have your solar system designed and installed

Step 4 — Harvest renewable sunlight and start saving

Start the process online today.

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104

email: mthompson@sunlender.com

About

Why SunLender?

SunLender was created top benefit Solar Power System Installers and Homeowners

Demand for electricity is steadily increasing causing household electricity bills to skyrocket.

A homeowner’s cost control of electricity is unknown. A Solar Power System allows a homeowner to set a fixed cost and drive savings for years to come. SunLender is committed to providing property owners with a simplified solar financing solution, giving you the choice of either a lease or a loan. Our network of leading Installers can draw up custom plans to match your toughest roof requirements, resulting in a system tailor-made for your home for zero out-of-pocket expense.

The SunLender program was developed for Solar Power System Installers.

Solar Installers across the country don’t always have the resources to find financing for customers, or the capital to provide it themselves.

For the last 40 years, we have been working with the building trades financing distributors and Installers as well as consumer home improvement projects.  We understand your business, we understand that you have to present solutions to your customers, and we have designed our finance program to specifically address your needs. Our Installer partners can reap the benefits of our industry-specific experience, connections and network.

Integrated Portal – Our pre-qualifying quote system lets Installers and homeowners know immediately if they pre-qualify for a lease or loan. This proprietary solar proposal platform enables Installers to present professional sales proposals to residential customers. The proposal offers several financing options as well as graphic representation of their solar investment.

  • Quick Quote Ability – We are focused on helping you sell more and streamlining that process with our sales tools.  The Quick Quote tool allows Installers to model a variety of products and pricing with a minimum of input, which can easily be converted to a sales proposal.
  • Easy Proposal to Signature Process – Not only do we provide financing, but we also directly service all of our consumer leases and loans.  We are a one-stop-shop and are able to serve both you the installer and your homeowner customers more effectively.
  • We can finance more than just PV – We are a finance company, not just a solar finance company.  We do not limit you to only finance solar solutions. We keep up with our Installers to provide financing for energy management solutions.

More efficient than other programs – When you offer multiple residential solar finance solutions you can tailor your sales pitch to your customer’s needs and close more deals.  With one approval you can offer your customer:

  • SunLender™ Zero Down Solar Lease – The homeowner leases the solar PV equipment and makes a low monthly payment for the length of the contract term.
  • SunLender™ Zero Down Solar Loan – A fully amortized loan that provides a low monthly payment and path to ownership. The homeowner keeps the rebates and tax credits and increases the value of their home.
  • SunLender Plus™ Energy Efficiency Signature Loan – An unsecured loan that provides financing for energy efficiency solutions and can be approved simultaneously with a solar lease or loan.

Program tailored to Installer’s business – we only partner with the best and we trust our Installers

  • Easier program management – We developed our process given our 40-year experience working with the building trades.  Financing is a solution, but it should not overly burden your organization.
  • Faster payment – Experience gives us the insight to know that sales are important, but Cash Flow is more important.  Our program is tailored to help you grow your business and increase your origination.
  • Cash Flow – Interim Jobs/Construction financing provided by ProPower Construction allows you to grow sales and perpetuate deal flow.
  • Program is set up to scale with growth – Using online systems and tools, we are built for growth and have the ability to scale with you.

For Homeowners who want to go green, while saving green … SunLender is here to help you install and save

Every home is unique. There is no ‘one size fits all’ solar residential finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that your Installer can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow.

Our Installer partners can show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

Why SunLender?

  • Flexible Financing with little to no money down.
  • Rent or Own your equipment – the choice is yours.
  • Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
  • Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

SunLender

Loan or lease

$0 Down

Zero-Down Loan or Lease

No money up front, complete solar satisfaction.

Loan or Lease

You decide what is best for you

Clear comparison in the same proposal.

Worry Free

Extended Warranty for Peace of mind

24/7 system monitoring is comprehensive.

Easy Process

Quick, Simple & thorough

Uncomplicated steps put solar in your home

Start the process today …

Begin online

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

Flagstaff, Arizona

Flagstaff is a city located in northern Arizona. In 2013, the city’s estimated population was 68,667 and the combined metropolitan area of Flagstaff has an estimated population of 136,539. Flagstaff is the county seat of Coconino County, and was named after a ponderosa pine flagpole  made by a scouting party from Boston (known as the “Second Boston Party”) to celebrate the United States Centennial on July 4, 1876.

Nicknamed “City of Seven Wonders” and “Dark Sky City,” Flagstaff carries the motto: “Service at a Higher Elevation”.  Flagstaff lies near the southwestern edge of the Colorado Plateau along the western side of the largest contiguous Ponderosa Pine forest in the continental United States. Flagstaff is located adjacent to Mount Elden,  just south of the San Francisco Peaks, the highest mountain range in the state of Arizona, and its close proximity to Grand Canyon National Park, the Arizona Snowbowl, Meteor Crater and historic Route 66 make Flagstaff a strong tourism destination.

Climate

Flagstaff has a rather dry semi-continental climate with five distinct seasons: a cold and snowy winter, with extended dry periods punctuated with deep snows about once every 3–4 weeks; a dry and windy spring with occasional snows; a very dry and hot early summer from May to early July; a wet and humid monsoon season from July to early September; and a dry and pleasant fall which lasts until the first snows in November. With high elevation and predominantly clear air, on average, there are 266 sunny days per year in Flagstaff, Arizona, compared with 205 sunny days nationwide, making it a perfect application for Residential Solar Power (photovoltaic) systems.

Households

The combined metropolitan area of Flagstaff, in Coconino County, has an estimated population of 136,539, and according to the 2010 Census, the population of the city was 65,870, with a population density of 831.9 people per square mile. There were 26,254 housing units at an average density of 336.5 per square mile.

Flagstaff has 19,306 households out of which 32.8 percent had children under the age of 18 living with them. The average household size was 2.59 and the average family size was 3.13.

According to a recent estimate, The median income for a household in the city was $37,146, and the median income for a family was $48,427.

Solar Energy

Flagstaff –

Residential Solar Water

Investing in a solar water system is a low-cost, high-impact way to harness the power of the sun. According to the U.S. Department of Energy, a solar water heater system can reduce your water heating bills by an average of 50 to 80 percent. TEP offers incentive that help reduce the up-front cost of these systems.

Terms & Conditions:

The current up-front incentive is $0.40 per kWh of system-rated performance, up to a maximum of $1,750. The incentive cannot exceed 50% of the total system cost. To qualify for a UFI, systems must carry at least a 10-year manufacturer’s warranty. All UFIs are provided in exchange for 20-years of Renewable Energy Credits (RECs).

Arizona Solar Power Industry – Tremendous growth

Arizona’s solar industry has had tremendous growth over the last 4 years. It is one of the sunniest states in America, and it is experiencing one of the largest increases in solar installations in the nation.

Arizona is a leader in solar generation

While California is the nation’s leader in the solar industry, Arizona is a robust second. According to the Solar Energy Industries Association, the leading states are:

  • California
  • Arizona
  • North Carolina
  • Massachusetts
  • New Jersey
  • Hawaii
  • Georgia
  • Texas
  • New York

Facts on the Arizona Solar Industry

There are currently more than 394 solar companies at work throughout the value chain in Arizona, employing 9,200 people.

In 2015, the use of solar in Arizona will save enough water to fill 25,000 swimming pools.

In 2014, Arizona installed 247 mW of solar electric capacity, ranking it fifth nationally.

The 2,101 mW of solar energy currently installed in Arizona ranks the state second in the country in installed solar capacity.  There is enough solar energy installed in the state to power 294,000 homes.

In 2014, $624 million was invested on solar installations in Arizona.

Average installed residential and commercial photovoltaic system prices in Arizona have fallen by 12% in the last year. National Prices have also dropped steadily — by 8% from last year and 49% from 2010.

Arizona ranked second in the nation in utility-scale electricity generation from solar energy.

Arizona, the 15th most populous state, ranked 43rd in per capita energy consumption, partly because of the state’s small industrial sector.

Arizona’s Renewable Environmental Standard requires 15% of the state’s electricity consumed in 2025 to come from renewable energy resources; in 2013, 7.8 % of Arizona’s net electricity generation came from renewable resources, primarily from the Glen Canyon and Hoover Dams.

Twenty-five percent of the energy consumed in Arizona homes is for air conditioning, which is more than four times the national average of 6 percent, according to EIA’s Residential Energy Consumption Survey.

Arizona Takes a Solar Advantage

Arizona is arguably the sunniest state in America, and the Arizona legislature has come through with new solar panel incentives to take advantage of this renewable resource.

Recently, the Environment Arizona Research Policy Center credited Arizonans with having the highest solar capacity per capita in the nation as well as being largely responsible for tripling solar use in the United States over the past three years.

One legislative move was to give every resident in Arizona who installs solar panels, a State Tax Credit of 25% of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30% Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and homeowners can deduct that after they subtract their rebate.

Arizona Net Metering

After months of workshops, regulatory filings and a media battle, last November, the Arizona Corporation Commission (ACC) made an important decision regarding net metering. While Arizona Public Service Co.’s (APS) original proposal of a $50-$100 monthly charge was rejected, the ACC did approve a $0.70/kW monthly charge for new residential solar customer (a $3.50 monthly charge for a 5 kW system). In 2014, ACC has held a workshop process to further investigate the true costs and benefits of solar. Throughout this process and discussion, it has become evident that Arizonans care deeply about their right to generate their own power from the sun.

Arizona State Solar Policy Resources

Arizona Corporation Commission – Learn about the governing body that regulates the electricity rates and services of Arizona public utilities

Arizona State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Arizona

Arizona Governor’s Office of Energy Policy – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics

Arizona State University – Solar Power Lab – Read about the innovative solar technology research taking place at Arizona State University

Arizona Goes Solar – Learn about residential and commercial solar energy options and related regulations through a collaborative effort led by the Arizona Corporation Commission and implemented by the regulated electric utilities in Arizona

DSIRE Incentives Database – Arizona – Search a public clearinghouse for specific solar energy incentives in Arizona and across the United States

U.S. Energy Information Administration – Arizona State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government

Arizona Solar Power:  Rankings, Use and Incentives

Arizona is arguably the sunniest state in the U.S. and it is firmly in the U.S.’s Sunbelt, making it an ideal state for solar installations. As such some of the world’s largest solar farms are being built in the state’s borders and helped Arizona gain a ranking of No. 3 last year in the number of jobs in the solar energy industry. The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. Arizona added 612 jobs in solar last year, a 7.2 percent growth rate.

Some of the solar power generated by Arizona’s solar farms is being used to power its bigger neighbor, California, some used within the state. Arizona’s renewable portfolio standard, which mandates utilities are required to acquire 15 percent of their electricity from renewable resources by 2025. Of that, 30 percent must come from distributed generation like on homes and businesses. As such the state and utilities in the state have programs that offer incentives for solar on people’s homes and businesses. These include net-metering and rebates through utilities and other incentives from the state and from municipalities. Such incentives include personal, property and sales tax credits.

Tax credits and rebates are available to property owners who upgrade or maintain renewable energy sources. One such program is Arizona’s Energy Equipment Property Tax Exemption, under which renewable electric generation, including solar thermal electric, photovoltaics, landfill gas, wind and biomass is not considered by the state to add. In addition, solar and wind-energy-generating equipment are exempted from sales tax.

Under Arizona’s net-metering rules homeowners and variety of other entities including businesses and municipal entities, among others, renewable energy installations up to 125 percent of their energy usage can qualify for net-metering. Under the rules, net excess generation can carry forward over a year period until it’s reimbursed to the person or entity at the utility’s avoided-cost rate.

Many utilities in Arizona offer rebates or payback programs to customers who install solar- or wind-power-generating equipment on their property. Depending on the rebate program, the utility may reimburse the system based on how many kilowatt hours the system is anticipated to produce over a 20-year lifespan. The utility will use those calculations to determine what the rebate for a system is. However, reimbursement funds are limited, so it is a good idea to check with both solar installers and local utilities to determine what current rebates are. Installers will also help home or business owners understand how much they can expect in incentives and rebates.

Arizona Solar Power Rebates

Arizona, with its strong Renewable Portfolio Standard (RPS), provided a solid foundation for solar panel rebate programs offered by all Arizona electric utilities.  An RPS set by the Arizona Corporate Commission and requires 15 percent renewable energy by 2025 among regulated utilities, 4.5 percent of which must come from distributed renewable energy sources. As of January 30, 2013[update], 19 projects, with a total nameplate capacity of 13.450 gW are actively seeking permission to build on federally owned BLM land in Arizona, and one, the 300 mW Sonoran Solar Project has been approved.

Arizona’s solar panel rebates give many residents a sizable chunk of cash towards their solar panel installation price with varying caps based on the size of your system.

Arizona’s solar power incentives include

(Utility Company – Rebate amount – Cap)

  • APS – $100/kW – $50,000
  • Electric District #3 – $200/kW – $2,000
  • Mohave Electric Cooperative – 40% of total cost up to $25,000
  • SRO – $100/kW – $500
  • Sulphur Springs Valley EC – $250/kW – $2,500
  • TEP – $100/kW – 50% of install cost up to 30kW
  • Trico – $100/kW – 30% of install cost for less than 10kW systems

How do solar rebates work? Similar to getting a rebate card from your local big box store for a dishwasher purchase, state legislatures also provide rebates for solar panel purchases to spur on investment and create new jobs. If you purchase the solar panel system yourself, you qualify for this free cash, which is often a lump payment back to you. Some solar installers like to take this amount directly off the total installed price, and they’ll handle the paperwork for you to make things a lot less complex.

Arizona Solar Power Tax Credits– 25% capped at $1k

Every resident in Arizona who installs solar panels gets a State Tax Credit of 25 percent of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30 percent Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and you’ll deduct that after you subtract your rebate.

About state solar tax credits: State tax credits are not technically free money. However, they are ‘credits’ and not ‘deductions’ which means that if you have the tax appetite to take advantage of them, then they can be a 1-to-1 dollar amount off your taxes instead of a fraction of the cost of the system. So that means they can be an important factor to consider. In certain circumstances, state tax credits can provide a very powerful incentive for people to go solar.

Property Tax Exemption — 100%

Arizona homeowners with solar panels in Arizona get two other benefits from the state:

First, your solar purchase is exempt from higher property taxes due to the increased value of your home. Property tax exemption status is a pretty big factor when putting together your investment considerations. Many argue that solar power adds approximately 20 times your annual electricity bill savings if you own the system and are not leasing.

For many average-sized solar power systems on a house, that can mean $20,000 to your home value. An additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state. However, many states have complete exemptions from added taxes when you install solar on your home!

The second benefit is:

Sales Tax Exemption — 100%

Arizona allows you to be exempt from sales tax on your solar purchase!

Arizona Net Metering

After a long struggle, Arizona solar panels are finally governed by a net-metering standard policy, and that’s great.Net metering is the policy that lets you store your extra solar energy with the utility, and they then credit your bill at night when there is no sun.

Arizona is offering net metering with no limit on the number of customers who can get it. All they ask is that you don’t get more solar than 125 percent of your current electric needs.

Even better, for that extra 25 percent of power that your solar panels can generate in Arizona, the utility is going to pay you extra cash at the end of the year. The rate is going to vary and has to be approved by the Public Utility Commission.

That means if you go all the way and buy a system that takes care of 125 percent of your current electric needs, you’ll not only get free electricity, but some spending money on top.

Arizona Interconnection Rules — None.

Interconnection rules are a little technical, but they basically allow you to “plug in” to the electric grid with solar panels on your roof.

Solar Financial Incentives in Flagstaff

For your Residential Solar Financing in Flagstaff, the SunLender programs can save you money while ensuring that the process is easy for you. In addition the money you can save with SunLender, Solar Power Systems installed in Flagstaff can save homeowners money through several other programs.

Federal Tax Credits and Accelerated Depreciation

A 30 percent federal tax credit is offered for the installation of both residential and corporate solar energy systems. The tax credit is applied to the net cost after other rebates or grants have reduced the initial system cost. The current federal tax credit program is available through 2016.

Residential Renewable Energy Tax Credit: Homeowners installing new solar PV and solar water heating systems are eligible for his 30 percent tax credit. Download IRS Form 5695

Business Energy Investment Tax Credit: Businesses installing new solar PV and solar water heating systems are eligible for this 30 percent tax credit. Download IRS Form 3468.

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

Federal ITC

The Federal Government provides tax credits for businesses that invest in renewable energy.

Residential Renewable Energy Tax Credit

The Federal Government provides tax credits for residential renewable energy

To take advantage of Residential Solar PV Systems for your home or your customers’ homes … SunLender makes sense …

SunLender programs include:

SunLender™ Residential Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home.  SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Installer partners can show you how to “reduce” your energy usage with energy efficiency products, before you decide to “produce” with a solar system – ensuring that you get the right size system for your home. Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses.  If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. The Signature Loan is a secured term loan for financing the purchase and installation of energy efficiency products for your home with a term up to 7 years.

SunLender Pro™ Commercial Solar Financing

Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects. The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 15 years.

Pro Power Construction Interim Job Financing

One of the biggest challenges for Installers is cash flow during the construction phase of a project. Ramco/SunLender solves all that with ProPower Construction. Interim milestone payments are available to Installers from the beginning of a project. Greater Installer cash flow allows faster Installer growth and deal flow.

Start the process today, for your own home or for your customers’ homes …

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

 

Residential Solar Financing in Chandler

xChandlerIn Chandler, Arizona, a prominent city in Maricopa County, and a suburb of the  Phoenix, Arizona Metropolitan Statistical Area, and throughout Arizona and the Sunbelt states, Renewable Asset Management Company, LLC and SunLender™ provide residential solar financing directly through a network of leading Solar Power System (photovoltaic system) Installation companies. For Residential Solar Financing in Chandler and throughout Arizona, SunLender can be counted on as your go-to provider.

Since 2011, the SunLender programs have allowed Solar Power Installers to provide solar financing to their residential solar customers with a 20-year operating lease or a 10-year or 15-year loan. And Renewable Asset Management Company (RAMCO) is a proven leader in renewable energy financing, and in conjunction with affiliated companies have offered a variety of commercial and residential solar financing programs since 2008.

Residential Solar Financing in Chandler and America

The SunLender Lease and Loan programs are offered to approved Solar Power System Installers in Arizona, California and Hawaii. The SunLender Loan solar financing program is also currently available in Oregon, Michigan, Minnesota, North Carolina, South Carolina, Texas and Washington

Do you want to do what’s best for your customers?

We can save your customers up to an additional $13K on a typical $20K solar system.

Since our lease term is 20 years instead of 25, with the same or lower monthly payment as other financing programs, we can generate significant savings to your customers just by financing with SunLender.

  • Same System
  • Same Monthly Payment
  • Same Utility Savings
  • Less Total Cost

Contact SunLender for your Residential Solar Financing in Chandler, Arizona.

Do the right thing for your customers.
Call SunLender today.

Call Mike Thompson to secure
the shortest term for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

The SunLender Difference:

SunLender™ Residential
Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home. SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses. If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. Our Installer partners can show you how to lower your energy usage with energy efficiency products, before you decide to generate power with a solar system – ensuring that you get the right size solar system for your home.
  • Signature Loan – The Signature Loan is a secured term loan for financing the purchase and installation of energy-efficiency products for your home with a term up to 7 years.

SunLender Pro™

  • Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects.

Commercial Solar Financing

Loan – The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 10 years.

We are looking for quality Installers in select markets

With SunLender, You Get:

  • Cash Flow – Installer job/construction financing through SunLender provides Solar Power System Installers with needed cash as early as customer credit approval.
  • Ease of Use – The SunLender proprietary solar proposal platform is comprehensive, uncomplicated and makes closing sales easy.
  • Less Red Tape – SunLender financing requires significantly less administrative burden than other financial programs in the solar market
  • Immediate Credit Approval – With SunLender, Solar Power System Installers can offer conditional financing approval to Homeowners in minutes.
  • Total Solution – SunLender is a complete in-house one-stop solar financing program, from originations and funding to servicing, and operations and maintenance.
  • Experience – 41-year financing foundation providing Installers and their customers unique credit programs, and financing renewables since 2008

Contact us to Demo the Program and see how SunLender can help you grow your business.

Available Programs:

SunLender™ Zero Down
Solar Lease

SunLender™ Zero Down
Solar Loan

SunLender Plus™ Energy Efficiency Signature Loan

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

SunLender designed to provide Solar Power System Installers with the cash flow

If your company is based in the Chandler area, Maricopa County, the Phoenix Metropolitan Area, or throughout Arizona, or you have a West Coast or Sunbelt client-base or solar system to install, the SunLender program is uniquely designed to provide Solar Power System Installers with the cash flow they need to grow. For your Residential Solar Financing in Chandler, the SunLender enhanced program allows Installers to leverage the partnerships, connections and network of RAMCO, and now provides interim project financing through the Pro Power Green™ Construction Financing program, allowing Installers to get paid faster and fund growth without typical construction cash-flow constraints inherent to other finance programs and Funds. The SunLender program is tailored to help Installers grow their business and increase their sales.

The SunLender portal provides a single-source quoting platform that offers Solar Power System Installers the ability to quote Homeowners a solar loan and a solar lease within the same proposal, in approved states, thereby allowing the consumer to choose the financing product best suited to their needs; and providing Installers the tools and financing options to close more deals.

SunLender Solar Lease or Loan makes it easy to Reduce Energy Costs

Step 1 Request a free solar home evaluation

Step 2 — Fill out credit app to see how much you can save

Step 3 — Have your solar system designed and installed

Step 4 — Harvest renewable sunlight and start saving

Start the process online today.

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104

email: mthompson@sunlender.com

About

Why SunLender?

SunLender was created top benefit Solar Power System Installers and Homeowners

Demand for electricity is steadily increasing causing household electricity bills to skyrocket.

A homeowner’s cost control of electricity is unknown. A Solar Power System allows a homeowner to set a fixed cost and drive savings for years to come. SunLender is committed to providing property owners with a simplified solar financing solution, giving you the choice of either a lease or a loan. Our network of leading Installers can draw up custom plans to match your toughest roof requirements, resulting in a system tailor-made for your home for zero out-of-pocket expense.

The SunLender program was developed for Solar Power System Installers.

Solar Installers across the country don’t always have the resources to find financing for customers, or the capital to provide it themselves.

For the last 40 years, we have been working with the building trades financing distributors and Installers as well as consumer home improvement projects.  We understand your business, we understand that you have to present solutions to your customers, and we have designed our finance program to specifically address your needs. Our Installer partners can reap the benefits of our industry-specific experience, connections and network.

Integrated Portal – Our pre-qualifying quote system lets Installers and homeowners know immediately if they pre-qualify for a lease or loan. This proprietary solar proposal platform enables Installers to present professional sales proposals to residential customers. The proposal offers several financing options as well as graphic representation of their solar investment.

  • Quick Quote Ability – We are focused on helping you sell more and streamlining that process with our sales tools.  The Quick Quote tool allows Installers to model a variety of products and pricing with a minimum of input, which can easily be converted to a sales proposal.
  • Easy Proposal to Signature Process – Not only do we provide financing, but we also directly service all of our consumer leases and loans.  We are a one-stop-shop and are able to serve both you the installer and your homeowner customers more effectively.
  • We can finance more than just PV – We are a finance company, not just a solar finance company.  We do not limit you to only finance solar solutions. We keep up with our Installers to provide financing for energy management solutions.

More efficient than other programs – When you offer multiple residential solar finance solutions you can tailor your sales pitch to your customer’s needs and close more deals.  With one approval you can offer your customer:

  • SunLender™ Zero Down Solar Lease – The homeowner leases the solar PV equipment and makes a low monthly payment for the length of the contract term.
  • SunLender™ Zero Down Solar Loan – A fully amortized loan that provides a low monthly payment and path to ownership. The homeowner keeps the rebates and tax credits and increases the value of their home.
  • SunLender Plus™ Energy Efficiency Signature Loan – An unsecured loan that provides financing for energy efficiency solutions and can be approved simultaneously with a solar lease or loan.

Program tailored to Installer’s business – we only partner with the best and we trust our Installers

  • Easier program management – We developed our process given our 40-year experience working with the building trades.  Financing is a solution, but it should not overly burden your organization.
  • Faster payment – Experience gives us the insight to know that sales are important, but Cash Flow is more important.  Our program is tailored to help you grow your business and increase your origination.
  • Cash Flow – Interim Jobs/Construction financing provided by ProPower Construction allows you to grow sales and perpetuate deal flow.
  • Program is set up to scale with growth – Using online systems and tools, we are built for growth and have the ability to scale with you.

For Homeowners who want to go green, while saving green … SunLender is here to help you install and save

Every home is unique. There is no ‘one size fits all’ solar residential finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that your Installer can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow.

Our Installer partners can show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

Why SunLender?

  • Flexible Financing with little to no money down.
  • Rent or Own your equipment – the choice is yours.
  • Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
  • Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

SunLender

Loan or lease

$0 Down

Zero-Down Loan or Lease

No money up front, complete solar satisfaction.

Loan or Lease

You decide what is best for you

Clear comparison in the same proposal.

Worry Free

Extended Warranty for Peace of mind

24/7 system monitoring is comprehensive.

Easy Process

Quick, Simple & thorough

Uncomplicated steps put solar in your home

Start the process today …

Begin online

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

Chandler, Arizona

Chandler is a city in Arizona’s Maricopa County and is a prominent suburb of the Phoenix Metropolitan Statistical Area. Chandler is bordered to the north and west by Tempe, to the north by Mesa, to the west by Phoenix, to the south by the Gila River Indian Community, and to the east by Gilbert. As of July 2014, the population was 254,276 according to the U.S. Census Bureau, however, according to the city’s official website, Chandler’s Planning Division estimated the population as of September 2012 being 239,610. And its residents are looking for more residential solar energy and renewable energy alternatives.

Climate

Located in the Sonoran Desert, Chandler has a desert climate with mild winters and very hot summers. On most days Chandler sees plenty of sunshine and clear skies. On average, there are 294 sunny days per year in Chandler, Arizona, compared with 205 sunny days nationwide, making it a perfect application for Residential Solar Power (photovoltaic) systems.

Households

With a population of 236,123 people, Chandler, Arizona has 86,924 households, and 60,212 families residing in the city, with an average household size of 2.82 people. Of those households, 41.1 percent had  children under the age of 18 living with them and the median age on Mesa is 31 years old.

According to a recent estimate, the median income for a household in Chandler was $70,456 and the median income for a family was $81,720.

Solar Energy

Chandler, Arizona –

The City of Chandler encourages residents to make green retrofits to their homes.

For Solar Energy Systems:

Arizona Goes Solar:  The Arizona Corporation Commission launched the Arizona Goes Solar website as a one-stop-shop for homeowners and business owners who are interested in learning more about going solar (solar panels, or solar water heaters).  The website includes utility rebate information, state and federal incentives, and a solar mapping function that identifies the number of solar installations and the total energy produced from those installations in a given zip code. www.arizonagoessolar.org

Solar Lease:  An affordable alternative to purchasing a solar PV system is a solar lease.  Solar lease payments are often the same or less than monthly energy savings, resulting in no added cost or even cost savings to the homeowner. See the SunLender http://sunlender.com/sunlender/and RAMCO http://ramcofunding.com/ramco/websites for information.

Arizona Solar Power Industry – Tremendous growth

Arizona’s solar industry has had tremendous growth over the last 4 years. It is one of the sunniest states in America, and it is experiencing one of the largest increases in solar installations in the nation.

Arizona is a leader in solar generation

While California is the nation’s leader in the solar industry, Arizona is a robust second. According to the Solar Energy Industries Association, the leading states are:

  • California
  • Arizona
  • North Carolina
  • Massachusetts
  • New Jersey
  • Hawaii
  • Georgia
  • Texas
  • New York

Facts on the Arizona Solar Industry

There are currently more than 394 solar companies at work throughout the value chain in Arizona, employing 9,200 people.

In 2015, the use of solar in Arizona will save enough water to fill 25,000 swimming pools.

In 2014, Arizona installed 247 mW of solar electric capacity, ranking it fifth nationally.

The 2,101 mW of solar energy currently installed in Arizona ranks the state second in the country in installed solar capacity.  There is enough solar energy installed in the state to power 294,000 homes.

In 2014, $624 million was invested on solar installations in Arizona.

Average installed residential and commercial photovoltaic system prices in Arizona have fallen by 12% in the last year. National Prices have also dropped steadily — by 8% from last year and 49% from 2010.

Arizona ranked second in the nation in utility-scale electricity generation from solar energy.

Arizona, the 15th most populous state, ranked 43rd in per capita energy consumption, partly because of the state’s small industrial sector.

Arizona’s Renewable Environmental Standard requires 15% of the state’s electricity consumed in 2025 to come from renewable energy resources; in 2013, 7.8 % of Arizona’s net electricity generation came from renewable resources, primarily from the Glen Canyon and Hoover Dams.

Twenty-five percent of the energy consumed in Arizona homes is for air conditioning, which is more than four times the national average of 6 percent, according to EIA’s Residential Energy Consumption Survey.

Arizona Takes a Solar Advantage

Arizona is arguably the sunniest state in America, and the Arizona legislature has come through with new solar panel incentives to take advantage of this renewable resource.

Recently, the Environment Arizona Research Policy Center credited Arizonans with having the highest solar capacity per capita in the nation as well as being largely responsible for tripling solar use in the United States over the past three years.

One legislative move was to give every resident in Arizona who installs solar panels, a State Tax Credit of 25% of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30% Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and homeowners can deduct that after they subtract their rebate.

Arizona Net Metering

After months of workshops, regulatory filings and a media battle, last November, the Arizona Corporation Commission (ACC) made an important decision regarding net metering. While Arizona Public Service Co.’s (APS) original proposal of a $50-$100 monthly charge was rejected, the ACC did approve a $0.70/kW monthly charge for new residential solar customer (a $3.50 monthly charge for a 5 kW system). In 2014, ACC has held a workshop process to further investigate the true costs and benefits of solar. Throughout this process and discussion, it has become evident that Arizonans care deeply about their right to generate their own power from the sun.

Arizona State Solar Policy Resources

Arizona Corporation Commission – Learn about the governing body that regulates the electricity rates and services of Arizona public utilities

Arizona State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Arizona

Arizona Governor’s Office of Energy Policy – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics

Arizona State University – Solar Power Lab – Read about the innovative solar technology research taking place at Arizona State University

Arizona Goes Solar – Learn about residential and commercial solar energy options and related regulations through a collaborative effort led by the Arizona Corporation Commission and implemented by the regulated electric utilities in Arizona

DSIRE Incentives Database – Arizona – Search a public clearinghouse for specific solar energy incentives in Arizona and across the United States

U.S. Energy Information Administration – Arizona State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government

Arizona Solar Power:  Rankings, Use and Incentives

Arizona is arguably the sunniest state in the U.S. and it is firmly in the U.S.’s Sunbelt, making it an ideal state for solar installations. As such some of the world’s largest solar farms are being built in the state’s borders and helped Arizona gain a ranking of No. 3 last year in the number of jobs in the solar energy industry. The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. Arizona added 612 jobs in solar last year, a 7.2 percent growth rate.

Some of the solar power generated by Arizona’s solar farms is being used to power its bigger neighbor, California, some used within the state. Arizona’s renewable portfolio standard, which mandates utilities are required to acquire 15 percent of their electricity from renewable resources by 2025. Of that, 30 percent must come from distributed generation like on homes and businesses. As such the state and utilities in the state have programs that offer incentives for solar on people’s homes and businesses. These include net-metering and rebates through utilities and other incentives from the state and from municipalities. Such incentives include personal, property and sales tax credits.

Tax credits and rebates are available to property owners who upgrade or maintain renewable energy sources. One such program is Arizona’s Energy Equipment Property Tax Exemption, under which renewable electric generation, including solar thermal electric, photovoltaics, landfill gas, wind and biomass is not considered by the state to add. In addition, solar and wind-energy-generating equipment are exempted from sales tax.

Under Arizona’s net-metering rules homeowners and variety of other entities including businesses and municipal entities, among others, renewable energy installations up to 125 percent of their energy usage can qualify for net-metering. Under the rules, net excess generation can carry forward over a year period until it’s reimbursed to the person or entity at the utility’s avoided-cost rate.

Many utilities in Arizona offer rebates or payback programs to customers who install solar- or wind-power-generating equipment on their property. Depending on the rebate program, the utility may reimburse the system based on how many kilowatt hours the system is anticipated to produce over a 20-year lifespan. The utility will use those calculations to determine what the rebate for a system is. However, reimbursement funds are limited, so it is a good idea to check with both solar installers and local utilities to determine what current rebates are. Installers will also help home or business owners understand how much they can expect in incentives and rebates.

Chandler, Arizona Solar Power Rebates

The SRP (Salt River Project) Residential Solar Electric Program is designed to help residents  interconnect their solar electric system safely to SRP’s electric grid. To help safe-guard solar PV system residents, any solar added at their homes need to be reviewed and approved before they use or connect to the SRP grid. While they may find off-the-shelf solar units available at home improvement stores or online, homeowners are advised to be cautious about installing electric equipment at your home.

Our solar process is designed to review equipment to ensure it meets the proper specifications, codes, and IL listings.

For information on rebates and opportunities in Chandler, check the SRP website: www.srpnet.com.

Renewable Portfolio Standard

Arizona, with its strong Renewable Portfolio Standard (RPS), provides a solid foundation for solar panel rebate programs offered by all Arizona electric utilities.  An RPS set by the Arizona Corporate Commission and requires 15 percent renewable energy by 2025 among regulated utilities, 4.5 percent of which must come from distributed renewable energy sources. As of January 30, 2013[update], 19 projects, with a total nameplate capacity of 13.450 gW are actively seeking permission to build on federally owned BLM land in Arizona, and one, the 300 mW  Sonoran Solar Project has been approved.

Arizona’s solar panel rebates give many residents a sizable chunk of cash towards their solar panel installation price with varying caps based on the size of your system.

Arizona’s solar power incentives include

(Utility Company – Rebate amount – Cap)

  • APS – $100/kW – $50,000
  • Electric District #3 – $200/kW – $2,000
  • Mohave Electric Cooperative – 40% of total cost up to $25,000
  • SRO – $100/kW – $500
  • Sulphur Springs Valley EC – $250/kW – $2,500
  • TEP – $100/kW – 50% of install cost up to 30kW
  • Trico – $100/kW – 30% of install cost for less than 10kW systems

How do solar rebates work? Similar to getting a rebate card from your local big box store for a dishwasher purchase, state legislatures also provide rebates for solar panel purchases to spur on investment and create new jobs. If you purchase the solar panel system yourself, you qualify for this free cash, which is often a lump payment back to you. Some solar installers like to take this amount directly off the total installed price, and they’ll handle the paperwork for you to make things a lot less complex.

Arizona Solar Power Tax Credits– 25% capped at $1k

Every resident in Arizona who installs solar panels gets a State Tax Credit of 25 percent of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30 percent Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and you’ll deduct that after you subtract your rebate.

About state solar tax credits: State tax credits are not technically free money. However, they are ‘credits’ and not ‘deductions’ which means that if you have the tax appetite to take advantage of them, then they can be a 1-to-1 dollar amount off your taxes instead of a fraction of the cost of the system. So that means they can be an important factor to consider. In certain circumstances, state tax credits can provide a very powerful incentive for people to go solar.

Property Tax Exemption — 100%

Arizona homeowners with solar panels in Arizona get two other benefits from the state:

First, your solar purchase is exempt from higher property taxes due to the increased value of your home. Property tax exemption status is a pretty big factor when putting together your investment considerations. Many argue that solar power adds approximately 20 times your annual electricity bill savings if you own the system and are not leasing.

For many average-sized solar power systems on a house, that can mean $20,000 to your home value. An additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state. However, many states have complete exemptions from added taxes when you install solar on your home!

The second benefit is:

Sales Tax Exemption — 100%

Arizona allows you to be exempt from sales tax on your solar purchase!

Arizona Net Metering

After a long struggle, Arizona solar panels are finally governed by a net-metering standard policy, and that’s great.Net metering is the policy that lets you store your extra solar energy with the utility, and they then credit your bill at night when there is no sun.

Arizona is offering net metering with no limit on the number of customers who can get it. All they ask is that you don’t get more solar than 125 percent of your current electric needs.

Even better, for that extra 25 percent of power that your solar panels can generate in Arizona, the utility is going to pay you extra cash at the end of the year. The rate is going to vary and has to be approved by the Public Utility Commission.

That means if you go all the way and buy a system that takes care of 125 percent of your current electric needs, you’ll not only get free electricity, but some spending money on top.

Arizona Interconnection Rules — None.

Interconnection rules are a little technical, but they basically allow you to “plug in” to the electric grid with solar panels on your roof.

Solar Financial Incentives in Chandler

For your Residential Solar Financing in Chandler, the SunLender programs can save you money while ensuring that the process is easy for you. In addition the money you can save with SunLender, Solar Power Systems installed in Chandler can save homeowners money through several other programs.

Federal Tax Credits and Accelerated Depreciation

A 30 percent federal tax credit is offered for the installation of both residential and corporate solar energy systems. The tax credit is applied to the net cost after other rebates or grants have reduced the initial system cost. The current federal tax credit program is available through 2016.

Residential Renewable Energy Tax Credit: Homeowners installing new solar PV and solar water heating systems are eligible for his 30 percent tax credit. Download IRS Form 5695.

Business Energy Investment Tax Credit: Businesses installing new solar PV and solar water heating systems are eligible for this 30 percent tax credit. Download IRS Form 3468.

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

Federal ITC

The Federal Government provides tax credits for businesses that invest in renewable energy.

Residential Renewable Energy Tax Credit

The Federal Government provides tax credits for residential renewable energy

To take advantage of Residential Solar PV Systems for your home or your customers’ homes … SunLender makes sense …

SunLender programs include:

SunLender™ Residential Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home.  SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Installer partners can show you how to “reduce” your energy usage with energy efficiency products, before you decide to “produce” with a solar system – ensuring that you get the right size system for your home. Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses.  If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. The Signature Loan is a secured term loan for financing the purchase and installation of energy efficiency products for your home with a term up to 7 years.

SunLender Pro™ Commercial Solar Financing

Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects. The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 15 years.

Pro Power Construction Interim Job Financing

One of the biggest challenges for Installers is cash flow during the construction phase of a project. Ramco/SunLender solves all that with ProPower Construction. Interim milestone payments are available to Installers from the beginning of a project. Greater Installer cash flow allows faster Installer growth and deal flow.

Start the process today, for your own home or for your customers’ homes …

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

 

Residential Solar Financing in Arizona

In Arizona, “The Grand Canyon State,” and throughout the Sunbelt states, Renewable Asset Management Company, LLC and SunLender™ provide residential solar financing directly through a network of leading Solar Power System (photovoltaic system) Installation companies. For Residential Solar Financing in Arizona, SunLender can be counted on as your go-to provider.

As many Arizona cities see more than 300 days of sunshine per year, Arizona is a perfect place to take advantage of residential solar power systems, and the residential solar financing programs offered by SunLender.

SunLender serves all of Arizona and has special programs for cities including:

·         Chandler

·         Flagstaff

·         Glendale

·         Mesa

·         Phoenix

·         Scottsdale

·         Tempe

·         Tucson

·         Yuma

Residential Solar Financing in ArizonaSince 2011, the SunLender programs have allowed Solar Power Installers to provide solar financing to their residential solar customers with a 20-year operating lease or a 10-year or 15-year loan. And Renewable Asset Management Company (RAMCO) is a proven leader in renewable energy financing, and in conjunction with affiliated companies have offered a variety of commercial and residential solar financing programs since 2008.

Residential Solar Financing in Arizona and America

The SunLender Lease and Loan programs are offered to approved Solar Power System Installers in Arizona, California and Hawaii. The SunLender Loan solar financing program is also currently available in Oregon, Michigan, Minnesota, North Carolina, South Carolina, Texas and Washington

Do you want to do what’s best for your customers?

We can save your customers up to an additional $13K on a typical $20K solar system.

Since our lease term is 20 years instead of 25, with the same or lower monthly payment as other financing programs, we can generate significant savings to your customers just by financing with SunLender.

  • Same System
  • Same Monthly Payment
  • Same Utility Savings
  • Less Total Cost

Contact SunLender for your Residential Solar Financing in Arizona.

Do the right thing for your customers.
Call SunLender today.

Call Mike Thompson to secure
the shortest term for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

The SunLender Difference:

SunLender™ Residential
Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home. SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses. If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. Our Installer partners can show you how to lower your energy usage with energy efficiency products, before you decide to generate power with a solar system – ensuring that you get the right size solar system for your home.
  • Signature Loan – The Signature Loan is a secured term loan for financing the purchase and installation of energy-efficiency products for your home with a term up to 7 years.

SunLender Pro™

  • Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects.

Commercial Solar Financing

Loan – The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 10 years.

We are looking for quality Installers in select markets

With SunLender, You Get:

  • Cash Flow – Installer job/construction financing through SunLender provides Solar Power System Installers with needed cash as early as customer credit approval.
  • Ease of Use – The SunLender proprietary solar proposal platform is comprehensive, uncomplicated and makes closing sales easy.
  • Less Red Tape – SunLender financing requires significantly less administrative burden than other financial programs in the solar market
  • Immediate Credit Approval – With SunLender, Solar Power System Installers can offer conditional financing approval to Homeowners in minutes.
  • Total Solution – SunLender is a complete in-house one-stop solar financing program, from originations and funding to servicing, and operations and maintenance.
  • Experience – 41-year financing foundation providing Installers and their customers unique credit programs, and financing renewables since 2008

Contact us to Demo the Program and see how SunLender can help you grow your business.

Available Programs:

SunLender™ Zero Down
Solar Lease

SunLender™ Zero Down
Solar Loan

SunLender Plus™ Energy Efficiency Signature Loan

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

SunLender designed to provide Solar Power System Installers with the cash flow

If your company is based in Arizona, or you have a West Coast or Sunbelt client-base or solar system to install, the SunLender program is uniquely designed to provide Solar Power System Installers with the cash flow they need to grow. For your Residential Solar Financing in Arizona, the SunLender enhanced program allows Installers to leverage the partnerships, connections and network of RAMCO, and now provides interim project financing through the Pro Power Green™ Construction Financing program, allowing Installers to get paid faster and fund growth without typical construction cash-flow constraints inherent to other finance programs and Funds. The SunLender program is tailored to help Installers grow their business and increase their sales.

The SunLender portal provides a single-source quoting platform that offers Solar Power System Installers the ability to quote Homeowners a solar loan and a solar lease within the same proposal, in approved states, thereby allowing the consumer to choose the financing product best suited to their needs; and providing Installers the tools and financing options to close more deals.

SunLender Solar Lease or Loan makes it easy to Reduce Energy Costs

Step 1 Request a free solar home evaluation

Step 2 — Fill out credit app to see how much you can save

Step 3 — Have your solar system designed and installed

Step 4 — Harvest renewable sunlight and start saving

Start the process online today.

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104

email: mthompson@sunlender.com

About

Why SunLender?

SunLender was created top benefit Solar Power System Installers and Homeowners

Demand for electricity is steadily increasing causing household electricity bills to skyrocket.

A homeowner’s cost control of electricity is unknown. A Solar Power System allows a homeowner to set a fixed cost and drive savings for years to come. SunLender is committed to providing property owners with a simplified solar financing solution, giving you the choice of either a lease or a loan. Our network of leading Installers can draw up custom plans to match your toughest roof requirements, resulting in a system tailor-made for your home for zero out-of-pocket expense.

The SunLender program was developed for Solar Power System Installers.

Solar Installers across the country don’t always have the resources to find financing for customers, or the capital to provide it themselves.

For the last 40 years, we have been working with the building trades financing distributors and Installers as well as consumer home improvement projects.  We understand your business, we understand that you have to present solutions to your customers, and we have designed our finance program to specifically address your needs. Our Installer partners can reap the benefits of our industry-specific experience, connections and network.

Integrated Portal – Our pre-qualifying quote system lets Installers and homeowners know immediately if they pre-qualify for a lease or loan. This proprietary solar proposal platform enables Installers to present professional sales proposals to residential customers. The proposal offers several financing options as well as graphic representation of their solar investment.

  • Quick Quote Ability – We are focused on helping you sell more and streamlining that process with our sales tools.  The Quick Quote tool allows Installers to model a variety of products and pricing with a minimum of input, which can easily be converted to a sales proposal.
  • Easy Proposal to Signature Process – Not only do we provide financing, but we also directly service all of our consumer leases and loans.  We are a one-stop-shop and are able to serve both you the installer and your homeowner customers more effectively.
  • We can finance more than just PV – We are a finance company, not just a solar finance company.  We do not limit you to only finance solar solutions. We keep up with our Installers to provide financing for energy management solutions.

More efficient than other programs – When you offer multiple residential solar finance solutions you can tailor your sales pitch to your customer’s needs and close more deals.  With one approval you can offer your customer:

  • SunLender™ Zero Down Solar Lease – The homeowner leases the solar PV equipment and makes a low monthly payment for the length of the contract term.
  • SunLender™ Zero Down Solar Loan – A fully amortized loan that provides a low monthly payment and path to ownership. The homeowner keeps the rebates and tax credits and increases the value of their home.
  • SunLender Plus™ Energy Efficiency Signature Loan – An unsecured loan that provides financing for energy efficiency solutions and can be approved simultaneously with a solar lease or loan.

Program tailored to Installer’s business – we only partner with the best and we trust our Installers

  • Easier program management – We developed our process given our 40-year experience working with the building trades.  Financing is a solution, but it should not overly burden your organization.
  • Faster payment – Experience gives us the insight to know that sales are important, but Cash Flow is more important.  Our program is tailored to help you grow your business and increase your origination.
  • Cash Flow – Interim Jobs/Construction financing provided by ProPower Construction allows you to grow sales and perpetuate deal flow.
  • Program is set up to scale with growth – Using online systems and tools, we are built for growth and have the ability to scale with you.

For Homeowners who want to go green, while saving green … SunLender is here to help you install and save

Every home is unique. There is no ‘one size fits all’ solar residential finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that your Installer can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow.

Our Installer partners can show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

Why SunLender?

  • Flexible Financing with little to no money down.
  • Rent or Own your equipment – the choice is yours.
  • Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
  • Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

SunLender

Loan or lease

$0 Down

Zero-Down Loan or Lease

No money up front, complete solar satisfaction.

Loan or Lease

You decide what is best for you

Clear comparison in the same proposal.

Worry Free

Extended Warranty for Peace of mind

24/7 system monitoring is comprehensive.

Easy Process

Quick, Simple & thorough

Uncomplicated steps put solar in your home

Start the process today …

Begin online

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

Arizona

Arizona, “The Grand Canyon State,” located in the southwestern region of the United States, is one of the Mountain West states and is the 6th largest state by area and 5th most populous state in America.

Arizona is one of the Four Corners states and has borders with New Mexico, Utah, Nevada, California and Mexico, as well as one point in common with the southwestern corner of Colorado.

Arizona was the 48th state and last of the contiguous states to be admitted to the Union, achieving statehood on February 14, 1912.

The name “Arizona” appears to originate from an earlier Spanish name, Arizona, derived from the O’odham name alĭ ṣonak, meaning “small spring”, which initially applied only to an area near the Mexican silver mining camp of  Plancha de Plata, Sonora, Mexico. This is supported by the fact that the area is still known as alĭ ṣonak in the O’odham language. Another possible origin is the Basque phrase haritz ona, meaning “the good oak.”

Climate

Due to its large area and variations in elevation, the state has a wide variety of localized climate conditions. In the lower elevations, the climate is primarily desert, with mild winters and extremely hot summers. Typically, from late fall to early spring, the weather is mild, averaging a minimum of 60 °F (16 °C). November through February are the coldest months, with temperatures typically ranging from 40 to 75 °F (4 to 24 °C), with occasional frosts. Many of Arizona’s cities see 300 days of sunshine, compared with 205 sunny days nationwide, making it a perfect application for Residential Solar Power (photovoltaic) systems.

Population

Recent estimates put the population of Arizona at 6,731,484 on July 1, 2014, and Arizona was the second fastest-growing state in the U.S. in the 1990s (the fastest was Nevada).

Metropolitan Phoenix (4.3 million) and Tucson (1 million) are home to about five-sixths of Arizona’s people (as of the 2010 census). Metro Phoenix alone accounts for two-thirds of the state’s population.

Solar Energy

Arizona –

Arizona Solar Power Industry – Tremendous growth

Arizona’s solar industry has had tremendous growth over the last 4 years. It is one of the sunniest states in America, and it is experiencing one of the largest increases in solar installations in the nation.

Arizona is a leader in solar generation

While California is the nation’s leader in the solar industry, Arizona is a robust second. According to the Solar Energy Industries Association, the leading states are:

  • California
  • Arizona
  • North Carolina
  • Massachusetts
  • New Jersey
  • Hawaii
  • Georgia
  • Texas
  • New York

Facts on the Arizona Solar Industry

There are currently more than 394 solar companies at work throughout the value chain in Arizona, employing 9,200 people.

In 2015, the use of solar in Arizona will save enough water to fill 25,000 swimming pools.

In 2014, Arizona installed 247 mW of solar electric capacity, ranking it fifth nationally.

The 2,101 mW of solar energy currently installed in Arizona ranks the state second in the country in installed solar capacity.  There is enough solar energy installed in the state to power 294,000 homes.

In 2014, $624 million was invested on solar installations in Arizona.

Average installed residential and commercial photovoltaic system prices in Arizona have fallen by 12% in the last year. National Prices have also dropped steadily — by 8% from last year and 49% from 2010.

Arizona ranked second in the nation in utility-scale electricity generation from solar energy.

Arizona, the 15th most populous state, ranked 43rd in per capita energy consumption, partly because of the state’s small industrial sector.

Arizona’s Renewable Environmental Standard requires 15% of the state’s electricity consumed in 2025 to come from renewable energy resources; in 2013, 7.8 % of Arizona’s net electricity generation came from renewable resources, primarily from the Glen Canyon and Hoover Dams.

Twenty-five percent of the energy consumed in Arizona homes is for air conditioning, which is more than four times the national average of 6 percent, according to EIA’s Residential Energy Consumption Survey.

Arizona Takes a Solar Advantage

Arizona is arguably the sunniest state in America, and the Arizona legislature has come through with new solar panel incentives to take advantage of this renewable resource.

Recently, the Environment Arizona Research Policy Center credited Arizonans with having the highest solar capacity per capita in the nation as well as being largely responsible for tripling solar use in the United States over the past three years.

One legislative move was to give every resident in Arizona who installs solar panels, a State Tax Credit of 25% of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30% Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and homeowners can deduct that after they subtract their rebate.

Arizona Net Metering

After months of workshops, regulatory filings and a media battle, last November, the Arizona Corporation Commission (ACC) made an important decision regarding net metering. While Arizona Public Service Co.’s (APS) original proposal of a $50-$100 monthly charge was rejected, the ACC did approve a $0.70/kW monthly charge for new residential solar customer (a $3.50 monthly charge for a 5 kW system). In 2014, ACC has held a workshop process to further investigate the true costs and benefits of solar. Throughout this process and discussion, it has become evident that Arizonans care deeply about their right to generate their own power from the sun.

Arizona State Solar Policy Resources

Arizona Corporation Commission – Learn about the governing body that regulates the electricity rates and services of Arizona public utilities

Arizona State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Arizona

Arizona Governor’s Office of Energy Policy – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics

Arizona State University – Solar Power Lab – Read about the innovative solar technology research taking place at Arizona State University

Arizona Goes Solar – Learn about residential and commercial solar energy options and related regulations through a collaborative effort led by the Arizona Corporation Commission and implemented by the regulated electric utilities in Arizona

DSIRE Incentives Database – Arizona – Search a public clearinghouse for specific solar energy incentives in Arizona and across the United States

U.S. Energy Information Administration – Arizona State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government

Arizona Solar Power:  Rankings, Use and Incentives

Arizona is arguably the sunniest state in the U.S. and it is firmly in the U.S.’s Sunbelt, making it an ideal state for solar installations. As such some of the world’s largest solar farms are being built in the state’s borders and helped Arizona gain a ranking of No. 3 last year in the number of jobs in the solar energy industry. The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. Arizona added 612 jobs in solar last year, a 7.2 percent growth rate.

Some of the solar power generated by Arizona’s solar farms is being used to power its bigger neighbor, California, some used within the state. Arizona’s renewable portfolio standard, which mandates utilities are required to acquire 15 percent of their electricity from renewable resources by 2025. Of that, 30 percent must come from distributed generation like on homes and businesses. As such the state and utilities in the state have programs that offer incentives for solar on people’s homes and businesses. These include net-metering and rebates through utilities and other incentives from the state and from municipalities. Such incentives include personal, property and sales tax credits.

Tax credits and rebates are available to property owners who upgrade or maintain renewable energy sources. One such program is Arizona’s Energy Equipment Property Tax Exemption, under which renewable electric generation, including solar thermal electric, photovoltaics, landfill gas, wind and biomass is not considered by the state to add. In addition, solar and wind-energy-generating equipment are exempted from sales tax.

Under Arizona’s net-metering rules homeowners and variety of other entities including businesses and municipal entities, among others, renewable energy installations up to 125 percent of their energy usage can qualify for net-metering. Under the rules, net excess generation can carry forward over a year period until it’s reimbursed to the person or entity at the utility’s avoided-cost rate.

Many utilities in Arizona offer rebates or payback programs to customers who install solar- or wind-power-generating equipment on their property. Depending on the rebate program, the utility may reimburse the system based on how many kilowatt hours the system is anticipated to produce over a 20-year lifespan. The utility will use those calculations to determine what the rebate for a system is. However, reimbursement funds are limited, so it is a good idea to check with both solar installers and local utilities to determine what current rebates are. Installers will also help home or business owners understand how much they can expect in incentives and rebates.

Arizona Solar Power Rebates

Arizona, with its strong Renewable Portfolio Standard (RPS), provided a solid foundation for solar panel rebate programs offered by all Arizona electric utilities.  An RPS set by the Arizona Corporate Commission and requires 15 percent renewable energy by 2025 among regulated utilities, 4.5 percent of which must come from distributed renewable energy sources. As of January 30, 2013[update], 19 projects, with a total nameplate capacity of 13.450 gW are actively seeking permission to build on federally owned BLM land in Arizona, and one, the 300 mW Sonoran Solar Project has been approved.

Arizona’s solar panel rebates give many residents a sizable chunk of cash towards their solar panel installation price with varying caps based on the size of your system.

Arizona’s solar power incentives include

(Utility Company – Rebate amount – Cap)

  • APS – $100/kW – $50,000
  • Electric District #3 – $200/kW – $2,000
  • Mohave Electric Cooperative – 40% of total cost up to $25,000
  • SRO – $100/kW – $500
  • Sulphur Springs Valley EC – $250/kW – $2,500
  • TEP – $100/kW – 50% of install cost up to 30kW
  • Trico – $100/kW – 30% of install cost for less than 10kW systems

How do solar rebates work? Similar to getting a rebate card from your local big box store for a dishwasher purchase, state legislatures also provide rebates for solar panel purchases to spur on investment and create new jobs. If you purchase the solar panel system yourself, you qualify for this free cash, which is often a lump payment back to you. Some solar installers like to take this amount directly off the total installed price, and they’ll handle the paperwork for you to make things a lot less complex.

Arizona Solar Power Tax Credits– 25% capped at $1k

Every resident in Arizona who installs solar panels gets a State Tax Credit of 25 percent of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30 percent Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and you’ll deduct that after you subtract your rebate.

About state solar tax credits: State tax credits are not technically free money. However, they are ‘credits’ and not ‘deductions’ which means that if you have the tax appetite to take advantage of them, then they can be a 1-to-1 dollar amount off your taxes instead of a fraction of the cost of the system. So that means they can be an important factor to consider. In certain circumstances, state tax credits can provide a very powerful incentive for people to go solar.

Property Tax Exemption — 100%

Arizona homeowners with solar panels in Arizona get two other benefits from the state:

First, your solar purchase is exempt from higher property taxes due to the increased value of your home. Property tax exemption status is a pretty big factor when putting together your investment considerations. Many argue that solar power adds approximately 20 times your annual electricity bill savings if you own the system and are not leasing.

For many average-sized solar power systems on a house, that can mean $20,000 to your home value. An additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state. However, many states have complete exemptions from added taxes when you install solar on your home!

The second benefit is:

Sales Tax Exemption — 100%

Arizona allows you to be exempt from sales tax on your solar purchase!

Arizona Net Metering

After a long struggle, Arizona solar panels are finally governed by a net-metering standard policy, and that’s great.Net metering is the policy that lets you store your extra solar energy with the utility, and they then credit your bill at night when there is no sun.

Arizona is offering net metering with no limit on the number of customers who can get it. All they ask is that you don’t get more solar than 125 percent of your current electric needs.

Even better, for that extra 25 percent of power that your solar panels can generate in Arizona, the utility is going to pay you extra cash at the end of the year. The rate is going to vary and has to be approved by the Public Utility Commission.

That means if you go all the way and buy a system that takes care of 125 percent of your current electric needs, you’ll not only get free electricity, but some spending money on top.

Arizona Interconnection Rules — None.

Interconnection rules are a little technical, but they basically allow you to “plug in” to the electric grid with solar panels on your roof.

Solar Financial Incentives in Scottsdale

For your Residential Solar Financing in Scottsdale, the SunLender programs can save you money while ensuring that the process is easy for you. In addition the money you can save with SunLender, Solar Power Systems installed in Scottsdale can save homeowners money through several other programs.

Federal Tax Credits and Accelerated Depreciation

A 30 percent federal tax credit is offered for the installation of both residential and corporate solar energy systems. The tax credit is applied to the net cost after other rebates or grants have reduced the initial system cost. The current federal tax credit program is available through 2016.

Residential Renewable Energy Tax Credit: Homeowners installing new solar PV and solar water heating systems are eligible for his 30 percent tax credit. Download IRS Form 5695.

Business Energy Investment Tax Credit: Businesses installing new solar PV and solar water heating systems are eligible for this 30 percent tax credit. Download IRS Form 3468.

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

Federal ITC

The Federal Government provides tax credits for businesses that invest in renewable energy.

Residential Renewable Energy Tax Credit

The Federal Government provides tax credits for residential renewable energy

SunLender serves all of Arizona and has special programs for cities including:

Chandler

Chandler, Arizona, a prominent city in Maricopa County, and a suburb of the  Phoenix, Arizona Metropolitan Statistical Area is bordered to the north and west by Tempe, to the north by Mesa, to the west by Phoenix, to the south by the Gila River Indian Community, and to the east by Gilbert. As of July 2014, the population was 254,276 according to the U.S. Census Bureau.

Flagstaff

Flagstaff, Arizona, nicknamed “City of Seven Wonders” and “Dark Sky City,” Flagstaff carries the motto: “Service at a Higher Elevation” is a city located in northern Arizona. In 2013, the city’s estimated population was 68,667 and the combined metropolitan area of Flagstaff has an estimated population of 136,539.

Glendale

Glendale, Arizona, known as “Arizona’s Antique Capital”, is located in Maricopa County, and sits about nine miles northwest from Downtown Phoenix.  According to the 2010 census, the population of Glendale is 226,721. Glendale is part of the Phoenix-Mesa Scottsdale Metro Area.

Mesa

Mesa, Arizona, is a city in Arizona’s Maricopa County and a suburb located about 20 miles east of Phoenix. Mesa is the central city of the East Valley section of the Phoenix Metropolitan Area and is bordered by Tempe on the west, the Salt River Pima-Maricopa Indian Community on the north, Chandler and Gilbert on the south, and Apache Junction on the east. As of the 2010 Census, Mesa became Arizona’s center of population, and is the third-largest city in Arizona.

Phoenix

Phoenix, Arizona is the anchor of the Phoenix metropolitan area, also known as the Valley of the Sun. Phoenix is the capital city and largest city in Arizona. With 1,537,058 people, Phoenix is the most populous state capital in the United States, as well as the sixth most populous city in the United States. Phoenix is also the county seat of Maricopa County and with an area of nearly 518 square miles is one of the largest cities in America.

Scottsdale

Scottsdale is a city in the eastern part of Maricopa County, adjacent to the Greater Phoenix Area, and sits within the Salt River Valley, also known as the “Valley of the Sun,” in the northern reaches of the Sonoran Desert. The New York Times described downtown Scottsdale as “a desert version of Miami’s South Beach,” and as having “plenty of late night partying and a buzzing hotel scene.”

Tempe

Tempe, Arizona is a city in Maricopa County and was named after the Vale of Tempe in Greece. Tempe is located in the East Valley section of Metropolitan Phoenix. Tempe is an inner suburb, located between the core city of Phoenix and the rest of the East Valley, and is bordered by Phoenix and Guadalupe on the west, Scottsdale on the north, Chandler on the south, and Mesa on the east. As of the 2010 Census, the population was 161,719.

Tucson

Tucson, Arizona, which calls itself, “The Old Pueblo” and “Optics Valley”, is a city in and the county seat of Pima County. The 2010 United States census recorded the Tucson population as 520,116, while recent estimates of the entire Tucson metropolitan statistical area are at nearly 1 million people. The Tucson MSA forms part of the larger Tucson-Nogales combined statistical and Tucson the city is the second-largest populated city in Arizona behind Phoenix. Together, Tucson and Phoenix anchor the Arizona Sun Corridor.

Yuma

Yuma, Arizona, is a city in and the county seat of Yuma County, Arizona.  It is located in the southwestern corner of the state. Yuma is the principal city of the Yuma, AZ Metropolitan Statistical Area which consists of Yuma County. According to the U.S. Census Bureau, the 2014 estimated population of the Yuma MSA is 203,247.

To take advantage of Residential Solar PV Systems for your home or your customers’ homes … SunLender makes sense …

SunLender programs include:

SunLender™ Residential Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home.  SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Installer partners can show you how to “reduce” your energy usage with energy efficiency products, before you decide to “produce” with a solar system – ensuring that you get the right size system for your home. Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses.  If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. The Signature Loan is a secured term loan for financing the purchase and installation of energy efficiency products for your home with a term up to 7 years.

SunLender Pro™ Commercial Solar Financing

Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects. The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 15 years.

Pro Power Construction Interim Job Financing

One of the biggest challenges for Installers is cash flow during the construction phase of a project. Ramco/SunLender solves all that with ProPower Construction. Interim milestone payments are available to Installers from the beginning of a project. Greater Installer cash flow allows faster Installer growth and deal flow.

Start the process today, for your own home or for your customers’ homes …

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

 

Residential Solar Financing in Tucson

In Tucson, nicknamed “The Old Pueblo” and “Optics Valley”, and Town,” and throughout Arizona and the Sunbelt states, Renewable Asset Management Company, LLC and SunLender™ provide residential solar financing directly through a network of leading Solar Power System (photovoltaic system) Installation companies. For Residential Solar Financing in Tucson and throughout Arizona, SunLender can be counted on as your go-to provider.

Tucson, Arizona sees an average of 286 sunny days per year, and along with Phoenix, Tucson anchors the Arizona Sun Corridor, making it a perfect place to take advantage of residential solar power systems, and the residential solar financing programs offered by SunLender.

Residential Solar Financing in Tuscon

Residential Solar Financing in Tuscon

Since 2011, the SunLender programs have allowed Solar Power Installers to provide solar financing to their residential solar customers with a 20-year operating lease or a 10-year or 15-year loan. And Renewable Asset Management Company (RAMCO) is a proven leader in renewable energy financing, and in conjunction with affiliated companies have offered a variety of commercial and residential solar financing programs since 2008.

Residential Solar Financing in Tucson and America

The SunLender Lease and Loan programs are offered to approved Solar Power System Installers in Arizona, California and Hawaii. The SunLender Loan solar financing program is also currently available in Oregon, Michigan, Minnesota, North Carolina, South Carolina, Texas and Washington

Do you want to do what’s best for your customers?

We can save your customers up to an additional $13K on a typical $20K solar system.

Since our lease term is 20 years instead of 25, with the same or lower monthly payment as other financing programs, we can generate significant savings to your customers just by financing with SunLender.

  • Same System
  • Same Monthly Payment
  • Same Utility Savings
  • Less Total Cost

Contact SunLender for your Residential Solar Financing in Tucson.

Do the right thing for your customers.
Call SunLender today.

Call Mike Thompson to secure
the shortest term for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

The SunLender Difference:

SunLender™ Residential
Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home. SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses. If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. Our Installer partners can show you how to lower your energy usage with energy efficiency products, before you decide to generate power with a solar system – ensuring that you get the right size solar system for your home.
  • Signature Loan – The Signature Loan is a secured term loan for financing the purchase and installation of energy-efficiency products for your home with a term up to 7 years.

SunLender Pro™

  • Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects.

Commercial Solar Financing

Loan – The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 10 years.

We are looking for quality Installers in select markets

With SunLender, You Get:

  • Cash Flow – Installer job/construction financing through SunLender provides Solar Power System Installers with needed cash as early as customer credit approval.
  • Ease of Use – The SunLender proprietary solar proposal platform is comprehensive, uncomplicated and makes closing sales easy.
  • Less Red Tape – SunLender financing requires significantly less administrative burden than other financial programs in the solar market
  • Immediate Credit Approval – With SunLender, Solar Power System Installers can offer conditional financing approval to Homeowners in minutes.
  • Total Solution – SunLender is a complete in-house one-stop solar financing program, from originations and funding to servicing, and operations and maintenance.
  • Experience – 41-year financing foundation providing Installers and their customers unique credit programs, and financing renewables since 2008

Contact us to Demo the Program and see how SunLender can help you grow your business.

Available Programs:

SunLender™ Zero Down
Solar Lease

SunLender™ Zero Down
Solar Loan

SunLender Plus™ Energy Efficiency Signature Loan

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

SunLender designed to provide Solar Power System Installers with the cash flow

If your company is based in the Tucson area, or Arizona, or you have a West Coast or Sunbelt client-base or solar system to install, the SunLender program is uniquely designed to provide Solar Power System Installers with the cash flow they need to grow. For your Residential Solar Financing in Tucson, the SunLender enhanced program allows Installers to leverage the partnerships, connections and network of RAMCO, and now provides interim project financing through the Pro Power Green™ Construction Financing program, allowing Installers to get paid faster and fund growth without typical construction cash-flow constraints inherent to other finance programs and Funds. The SunLender program is tailored to help Installers grow their business and increase their sales.

The SunLender portal provides a single-source quoting platform that offers Solar Power System Installers the ability to quote Homeowners a solar loan and a solar lease within the same proposal, in approved states, thereby allowing the consumer to choose the financing product best suited to their needs; and providing Installers the tools and financing options to close more deals.

SunLender Solar Lease or Loan makes it easy to Reduce Energy Costs

Step 1 Request a free solar home evaluation

Step 2 — Fill out credit app to see how much you can save

Step 3 — Have your solar system designed and installed

Step 4 — Harvest renewable sunlight and start saving

Start the process online today.

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104

email: mthompson@sunlender.com

About

Why SunLender?

SunLender was created top benefit Solar Power System Installers and Homeowners

Demand for electricity is steadily increasing causing household electricity bills to skyrocket.

A homeowner’s cost control of electricity is unknown. A Solar Power System allows a homeowner to set a fixed cost and drive savings for years to come. SunLender is committed to providing property owners with a simplified solar financing solution, giving you the choice of either a lease or a loan. Our network of leading Installers can draw up custom plans to match your toughest roof requirements, resulting in a system tailor-made for your home for zero out-of-pocket expense.

The SunLender program was developed for Solar Power System Installers.

Solar Installers across the country don’t always have the resources to find financing for customers, or the capital to provide it themselves.

For the last 40 years, we have been working with the building trades financing distributors and Installers as well as consumer home improvement projects.  We understand your business, we understand that you have to present solutions to your customers, and we have designed our finance program to specifically address your needs. Our Installer partners can reap the benefits of our industry-specific experience, connections and network.

Integrated Portal – Our pre-qualifying quote system lets Installers and homeowners know immediately if they pre-qualify for a lease or loan. This proprietary solar proposal platform enables Installers to present professional sales proposals to residential customers. The proposal offers several financing options as well as graphic representation of their solar investment.

  • Quick Quote Ability – We are focused on helping you sell more and streamlining that process with our sales tools.  The Quick Quote tool allows Installers to model a variety of products and pricing with a minimum of input, which can easily be converted to a sales proposal.
  • Easy Proposal to Signature Process – Not only do we provide financing, but we also directly service all of our consumer leases and loans.  We are a one-stop-shop and are able to serve both you the installer and your homeowner customers more effectively.
  • We can finance more than just PV – We are a finance company, not just a solar finance company.  We do not limit you to only finance solar solutions. We keep up with our Installers to provide financing for energy management solutions.

More efficient than other programs – When you offer multiple residential solar finance solutions you can tailor your sales pitch to your customer’s needs and close more deals.  With one approval you can offer your customer:

  • SunLender™ Zero Down Solar Lease – The homeowner leases the solar PV equipment and makes a low monthly payment for the length of the contract term.
  • SunLender™ Zero Down Solar Loan – A fully amortized loan that provides a low monthly payment and path to ownership. The homeowner keeps the rebates and tax credits and increases the value of their home.
  • SunLender Plus™ Energy Efficiency Signature Loan – An unsecured loan that provides financing for energy efficiency solutions and can be approved simultaneously with a solar lease or loan.

Program tailored to Installer’s business – we only partner with the best and we trust our Installers

  • Easier program management – We developed our process given our 40-year experience working with the building trades.  Financing is a solution, but it should not overly burden your organization.
  • Faster payment – Experience gives us the insight to know that sales are important, but Cash Flow is more important.  Our program is tailored to help you grow your business and increase your origination.
  • Cash Flow – Interim Jobs/Construction financing provided by ProPower Construction allows you to grow sales and perpetuate deal flow.
  • Program is set up to scale with growth – Using online systems and tools, we are built for growth and have the ability to scale with you.

For Homeowners who want to go green, while saving green … SunLender is here to help you install and save

Every home is unique. There is no ‘one size fits all’ solar residential finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that your Installer can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow.

Our Installer partners can show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

Why SunLender?

  • Flexible Financing with little to no money down.
  • Rent or Own your equipment – the choice is yours.
  • Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
  • Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

SunLender

Loan or lease

$0 Down

Zero-Down Loan or Lease

No money up front, complete solar satisfaction.

Loan or Lease

You decide what is best for you

Clear comparison in the same proposal.

Worry Free

Extended Warranty for Peace of mind

24/7 system monitoring is comprehensive.

Easy Process

Quick, Simple & thorough

Uncomplicated steps put solar in your home

Start the process today …

Begin online

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

Tucson, Arizona

Tucson, Arizona, which calls itself, “The Old Pueblo” and “Optics Valley”, is a city in and the county seat of Pima County. The 2010 United States census recorded the Tucson population as 520,116, while recent estimates of the entire Tucson metropolitan statistical area are at nearly 1 million people. The Tucson MSA forms part of the larger Tucson-Nogales combined statistical and Tucson the city is the second-largest populated city in Arizona behind Phoenix. Together, Tucson and Phoenix anchor the Arizona Sun Corridor.

With a total land area of 226.71 square miles Tucson is located 108 miles southeast of Phoenix and 60 miles north of the U.S.-Mexican border. Tucson is the 33rd largest city in the United States and resides in the 59th largest metropolitan area in America.  As some 50 Tucson companies are involved in the design and manufacture of optics and optoelectronics systems, Tucson has earned the nickname, Optics Valley. The Spanish name of the city, Tucson, is derived from the O’odham word “Cuk Son”, meaning “(at the) base of the black (hill)”, a reference to a basalt-covered hill now known as “A” Mountain.

Climate

Tucson has a desert climate, with hot summers and temperate winters. Tucson is almost always cooler and wetter than Phoenix because of its higher elevation. On most days Tucson sees plenty of sunshine and clear skies. On average, there are 286 sunny days per year in Tucson, Arizona, compared with 205 sunny days nationwide, making it a perfect application for Residential Solar Power (photovoltaic) systems.

Households

With a population of 520,116 people, Tucson, Arizona has a population density of 2500.1 people per square mile.

Tucson has 192,891 households residing in the city, with a reported 20.0 percent of the households having children under the age of 18 living with them. The average household size was 2.42 and the average family size was 3.12.

According to a recent estimate, the median income for a household in the city was $30,981, and the median income for a family was $37,344

Solar Energy

Tucson –

Tucson Committed to Solar Installations

The City of Tucson is committed to leading the way with solar installations on City properties. Since 1999, Tucson has installed 25 photovoltaic arrays and 7 solar hot water heaters on City properties, including community centers, the Tucson Convention Center, the City’s Price Service Center, police substations, a parking garage, a reservoir deck, etc. There are currently about 4.7 MW (megawatts) of solar power at these locations. The solar hot water installations are at a community center, two fire stations, a swimming pool and the police/fire training academy. Tucson is one of 25 cities designated as a Solar America City by the U.S. Department of Energy (DOE) in recognition of this history of solar leadership. Tucson is also one of the few cities in Arizona to have a Solar Coordinator.

The City of Tucson works with Pima County, the Arizona congressional delegation, the Governor’s Office of Energy Policy, the Southern Arizona Regional Solar Partnership, and other groups to advance solar in Southern Arizona.

In addition:

The City has adopted “solar ready” requirements for all new construction of single family homes and duplexes to assure that future solar PV and hot water can be easily installed.

  • The City works with Pima County to make solar information available on the Solar One Stop.
  • The City makes available on-line live solar production data from many of its projects.
  • The City purchases solar power to operate some of Tucson Water’s pumps on the Central Arizona Project.
  • The City has leased land for large solar farms in the Avra Valley.
  • The City assisted the Barrio Centro neighborhood in installing solar street lights throughout the neighborhood.

Tucson Electric Power (TEP)

TEP offers a wide variety of incentives for solar energy systems as part of its plan to significantly expand the use of renewable energy in southern Arizona.

Residential Incentive Program Information

TEP’s Renewable Energy Credit Purchase Program offers incentive that help reduce the cost of residential solar water heaters.

Residential customers are able to take advantage of the up-front incentives (UFIs), which provide a single payment based on a system’s rated capacity.

TEP’s budget for residential solar water heating UFIs for 2014 is approximately $60,000.

Residential Solar PV

Under TEP’s 2014 REST plan, incentives for residential solar PV systems are no longer being offered.

Residential Solar Water

Investing in a solar water system is a low-cost, high-impact way to harness the power of the sun. According to the U.S. Department of Energy, a solar water heater system can reduce your water heating bills by an average of 50 to 80 percent. TEP offers incentive that help reduce the up-front cost of these systems.

Terms & Conditions:

The current up-front incentive is $0.40 per kWh of system-rated performance, up to a maximum of $1,750. The incentive cannot exceed 50% of the total system cost. To qualify for a UFI, systems must carry at least a 10-year manufacturer’s warranty. All UFIs are provided in exchange for 20-years of Renewable Energy Credits (RECs).

Arizona Solar Power Industry – Tremendous growth

Arizona’s solar industry has had tremendous growth over the last 4 years. It is one of the sunniest states in America, and it is experiencing one of the largest increases in solar installations in the nation.

Arizona is a leader in solar generation

While California is the nation’s leader in the solar industry, Arizona is a robust second. According to the Solar Energy Industries Association, the leading states are:

  • California
  • Arizona
  • North Carolina
  • Massachusetts
  • New Jersey
  • Hawaii
  • Georgia
  • Texas
  • New York

Facts on the Arizona Solar Industry

There are currently more than 394 solar companies at work throughout the value chain in Arizona, employing 9,200 people.

In 2015, the use of solar in Arizona will save enough water to fill 25,000 swimming pools.

In 2014, Arizona installed 247 mW of solar electric capacity, ranking it fifth nationally.

The 2,101 mW of solar energy currently installed in Arizona ranks the state second in the country in installed solar capacity.  There is enough solar energy installed in the state to power 294,000 homes.

In 2014, $624 million was invested on solar installations in Arizona.

Average installed residential and commercial photovoltaic system prices in Arizona have fallen by 12% in the last year. National Prices have also dropped steadily — by 8% from last year and 49% from 2010.

Arizona ranked second in the nation in utility-scale electricity generation from solar energy.

Arizona, the 15th most populous state, ranked 43rd in per capita energy consumption, partly because of the state’s small industrial sector.

Arizona’s Renewable Environmental Standard requires 15% of the state’s electricity consumed in 2025 to come from renewable energy resources; in 2013, 7.8 % of Arizona’s net electricity generation came from renewable resources, primarily from the Glen Canyon and Hoover Dams.

Twenty-five percent of the energy consumed in Arizona homes is for air conditioning, which is more than four times the national average of 6 percent, according to EIA’s Residential Energy Consumption Survey.

Arizona Takes a Solar Advantage

Arizona is arguably the sunniest state in America, and the Arizona legislature has come through with new solar panel incentives to take advantage of this renewable resource.

Recently, the Environment Arizona Research Policy Center credited Arizonans with having the highest solar capacity per capita in the nation as well as being largely responsible for tripling solar use in the United States over the past three years.

One legislative move was to give every resident in Arizona who installs solar panels, a State Tax Credit of 25% of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30% Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and homeowners can deduct that after they subtract their rebate.

Arizona Net Metering

After months of workshops, regulatory filings and a media battle, last November, the Arizona Corporation Commission (ACC) made an important decision regarding net metering. While Arizona Public Service Co.’s (APS) original proposal of a $50-$100 monthly charge was rejected, the ACC did approve a $0.70/kW monthly charge for new residential solar customer (a $3.50 monthly charge for a 5 kW system). In 2014, ACC has held a workshop process to further investigate the true costs and benefits of solar. Throughout this process and discussion, it has become evident that Arizonans care deeply about their right to generate their own power from the sun.

Arizona State Solar Policy Resources

Arizona Corporation Commission – Learn about the governing body that regulates the electricity rates and services of Arizona public utilities

Arizona State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Arizona

Arizona Governor’s Office of Energy Policy – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics

Arizona State University – Solar Power Lab – Read about the innovative solar technology research taking place at Arizona State University

Arizona Goes Solar – Learn about residential and commercial solar energy options and related regulations through a collaborative effort led by the Arizona Corporation Commission and implemented by the regulated electric utilities in Arizona

DSIRE Incentives Database – Arizona – Search a public clearinghouse for specific solar energy incentives in Arizona and across the United States

U.S. Energy Information Administration – Arizona State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government

Arizona Solar Power:  Rankings, Use and Incentives

Arizona is arguably the sunniest state in the U.S. and it is firmly in the U.S.’s Sunbelt, making it an ideal state for solar installations. As such some of the world’s largest solar farms are being built in the state’s borders and helped Arizona gain a ranking of No. 3 last year in the number of jobs in the solar energy industry. The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. Arizona added 612 jobs in solar last year, a 7.2 percent growth rate.

Some of the solar power generated by Arizona’s solar farms is being used to power its bigger neighbor, California, some used within the state. Arizona’s renewable portfolio standard, which mandates utilities are required to acquire 15 percent of their electricity from renewable resources by 2025. Of that, 30 percent must come from distributed generation like on homes and businesses. As such the state and utilities in the state have programs that offer incentives for solar on people’s homes and businesses. These include net-metering and rebates through utilities and other incentives from the state and from municipalities. Such incentives include personal, property and sales tax credits.

Tax credits and rebates are available to property owners who upgrade or maintain renewable energy sources. One such program is Arizona’s Energy Equipment Property Tax Exemption, under which renewable electric generation, including solar thermal electric, photovoltaics, landfill gas, wind and biomass is not considered by the state to add. In addition, solar and wind-energy-generating equipment are exempted from sales tax.

Under Arizona’s net-metering rules homeowners and variety of other entities including businesses and municipal entities, among others, renewable energy installations up to 125 percent of their energy usage can qualify for net-metering. Under the rules, net excess generation can carry forward over a year period until it’s reimbursed to the person or entity at the utility’s avoided-cost rate.

Many utilities in Arizona offer rebates or payback programs to customers who install solar- or wind-power-generating equipment on their property. Depending on the rebate program, the utility may reimburse the system based on how many kilowatt hours the system is anticipated to produce over a 20-year lifespan. The utility will use those calculations to determine what the rebate for a system is. However, reimbursement funds are limited, so it is a good idea to check with both solar installers and local utilities to determine what current rebates are. Installers will also help home or business owners understand how much they can expect in incentives and rebates.

Arizona Solar Power Rebates

Arizona, with its strong Renewable Portfolio Standard (RPS), provided a solid foundation for solar panel rebate programs offered by all Arizona electric utilities.  An RPS set by the Arizona Corporate Commission and requires 15 percent renewable energy by 2025 among regulated utilities, 4.5 percent of which must come from distributed renewable energy sources. As of January 30, 2013[update], 19 projects, with a total nameplate capacity of 13.450 gW are actively seeking permission to build on federally owned BLM land in Arizona, and one, the 300 mW  Sonoran Solar Project has been approved.

Arizona’s solar panel rebates give many residents a sizable chunk of cash towards their solar panel installation price with varying caps based on the size of your system.

Arizona’s solar power incentives include

(Utility Company – Rebate amount – Cap)

  • APS – $100/kW – $50,000
  • Electric District #3 – $200/kW – $2,000
  • Mohave Electric Cooperative – 40% of total cost up to $25,000
  • SRO – $100/kW – $500
  • Sulphur Springs Valley EC – $250/kW – $2,500
  • TEP – $100/kW – 50% of install cost up to 30kW
  • Trico – $100/kW – 30% of install cost for less than 10kW systems

How do solar rebates work? Similar to getting a rebate card from your local big box store for a dishwasher purchase, state legislatures also provide rebates for solar panel purchases to spur on investment and create new jobs. If you purchase the solar panel system yourself, you qualify for this free cash, which is often a lump payment back to you. Some solar installers like to take this amount directly off the total installed price, and they’ll handle the paperwork for you to make things a lot less complex.

Arizona Solar Power Tax Credits– 25% capped at $1k

Every resident in Arizona who installs solar panels gets a State Tax Credit of 25 percent of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30 percent Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and you’ll deduct that after you subtract your rebate.

About state solar tax credits: State tax credits are not technically free money. However, they are ‘credits’ and not ‘deductions’ which means that if you have the tax appetite to take advantage of them, then they can be a 1-to-1 dollar amount off your taxes instead of a fraction of the cost of the system. So that means they can be an important factor to consider. In certain circumstances, state tax credits can provide a very powerful incentive for people to go solar.

Property Tax Exemption — 100%

Arizona homeowners with solar panels in Arizona get two other benefits from the state:

First, your solar purchase is exempt from higher property taxes due to the increased value of your home. Property tax exemption status is a pretty big factor when putting together your investment considerations. Many argue that solar power adds approximately 20 times your annual electricity bill savings if you own the system and are not leasing.

For many average-sized solar power systems on a house, that can mean $20,000 to your home value. An additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state. However, many states have complete exemptions from added taxes when you install solar on your home!

The second benefit is:

Sales Tax Exemption — 100%

Arizona allows you to be exempt from sales tax on your solar purchase!

Arizona Net Metering

After a long struggle, Arizona solar panels are finally governed by a net-metering standard policy, and that’s great.Net metering is the policy that lets you store your extra solar energy with the utility, and they then credit your bill at night when there is no sun.

Arizona is offering net metering with no limit on the number of customers who can get it. All they ask is that you don’t get more solar than 125 percent of your current electric needs.

Even better, for that extra 25 percent of power that your solar panels can generate in Arizona, the utility is going to pay you extra cash at the end of the year. The rate is going to vary and has to be approved by the Public Utility Commission.

That means if you go all the way and buy a system that takes care of 125 percent of your current electric needs, you’ll not only get free electricity, but some spending money on top.

Arizona Interconnection Rules — None.

Interconnection rules are a little technical, but they basically allow you to “plug in” to the electric grid with solar panels on your roof.

Solar Financial Incentives in Tucson

For your Residential Solar Financing in Tucson, the SunLender programs can save you money while ensuring that the process is easy for you. In addition the money you can save with SunLender, Solar Power Systems installed in Tucson can save homeowners money through several other programs.

Federal Tax Credits and Accelerated Depreciation

A 30 percent federal tax credit is offered for the installation of both residential and corporate solar energy systems. The tax credit is applied to the net cost after other rebates or grants have reduced the initial system cost. The current federal tax credit program is available through 2016.

Residential Renewable Energy Tax Credit: Homeowners installing new solar PV and solar water heating systems are eligible for his 30 percent tax credit. Download IRS Form 5695.

Business Energy Investment Tax Credit: Businesses installing new solar PV and solar water heating systems are eligible for this 30 percent tax credit. Download IRS Form 3468.

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

Federal ITC

The Federal Government provides tax credits for businesses that invest in renewable energy.

Residential Renewable Energy Tax Credit

The Federal Government provides tax credits for residential renewable energy

To take advantage of Residential Solar PV Systems for your home or your customers’ homes … SunLender makes sense …

SunLender programs include:

SunLender™ Residential Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home.  SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Installer partners can show you how to “reduce” your energy usage with energy efficiency products, before you decide to “produce” with a solar system – ensuring that you get the right size system for your home. Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses.  If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. The Signature Loan is a secured term loan for financing the purchase and installation of energy efficiency products for your home with a term up to 7 years.

SunLender Pro™ Commercial Solar Financing

Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects. The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 15 years.

Pro Power Construction Interim Job Financing

One of the biggest challenges for Installers is cash flow during the construction phase of a project. Ramco/SunLender solves all that with ProPower Construction. Interim milestone payments are available to Installers from the beginning of a project. Greater Installer cash flow allows faster Installer growth and deal flow.

Start the process today, for your own home or for your customers’ homes …

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

 

Residential Solar Financing in Scottsdale

In Scottsdale, Arizona, often described as a desert version of Miami’s South Beach, and throughout Arizona and the Sunbelt states, Renewable Asset Management Company, LLC and SunLender™ provide residential solar financing directly through a network of leading Solar Power System (photovoltaic system) Installation companies. For Residential Solar Financing in Scottsdale and throughout Arizona, SunLender can be counted on as your go-to provider.

Scottsdale, Arizona is located in the Salt River Valley, also called, “Valley of the Sun”, and resides in the northern reaches of the Sonoran Desert, seeing an average of 300 sunny days per year. That makes Scottsdale a perfect place to take advantage of residential solar power systems, and the residential solar financing programs offered by SunLender.

Residential Solar Financing Scottsdale

Residential Solar Financing Scottsdale

Since 2011, the SunLender programs have allowed Solar Power Installers to provide solar financing to their residential solar customers with a 20-year operating lease or a 10-year or 15-year loan. And Renewable Asset Management Company (RAMCO) is a proven leader in renewable energy financing, and in conjunction with affiliated companies have offered a variety of commercial and residential solar financing programs since 2008.

Residential Solar Financing in Scottsdale and America

The SunLender Lease and Loan programs are offered to approved Solar Power System Installers in Arizona, California and Hawaii. The SunLender Loan solar financing program is also currently available in Oregon, Michigan, Minnesota, North Carolina, South Carolina, Texas and Washington

Do you want to do what’s best for your customers?

We can save your customers up to an additional $13K on a typical $20K solar system.

Since our lease term is 20 years instead of 25, with the same or lower monthly payment as other financing programs, we can generate significant savings to your customers just by financing with SunLender.

  • Same System
  • Same Monthly Payment
  • Same Utility Savings
  • Less Total Cost

Contact SunLender for your Residential Solar Financing in Scottsdale.

Do the right thing for your customers.
Call SunLender today.

Call Mike Thompson to secure
the shortest term for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

The SunLender Difference:

SunLender™ Residential
Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home. SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses. If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. Our Installer partners can show you how to lower your energy usage with energy efficiency products, before you decide to generate power with a solar system – ensuring that you get the right size solar system for your home.
  • Signature Loan – The Signature Loan is a secured term loan for financing the purchase and installation of energy-efficiency products for your home with a term up to 7 years.

SunLender Pro™

  • Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects.

Commercial Solar Financing

Loan – The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 10 years.

We are looking for quality Installers in select markets

With SunLender, You Get:

  • Cash Flow – Installer job/construction financing through SunLender provides Solar Power System Installers with needed cash as early as customer credit approval.
  • Ease of Use – The SunLender proprietary solar proposal platform is comprehensive, uncomplicated and makes closing sales easy.
  • Less Red Tape – SunLender financing requires significantly less administrative burden than other financial programs in the solar market
  • Immediate Credit Approval – With SunLender, Solar Power System Installers can offer conditional financing approval to Homeowners in minutes.
  • Total Solution – SunLender is a complete in-house one-stop solar financing program, from originations and funding to servicing, and operations and maintenance.
  • Experience – 41-year financing foundation providing Installers and their customers unique credit programs, and financing renewables since 2008

Contact us to Demo the Program and see how SunLender can help you grow your business.

Available Programs:

SunLender™ Zero Down
Solar Lease

SunLender™ Zero Down
Solar Loan

SunLender Plus™ Energy Efficiency Signature Loan

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

SunLender designed to provide Solar Power System Installers with the cash flow

If your company is based in the Scottsdale area, or Arizona, or you have a West Coast or Sunbelt client-base or solar system to install, the SunLender program is uniquely designed to provide Solar Power System Installers with the cash flow they need to grow. For your Residential Solar Financing in Scottsdale, the SunLender enhanced program allows Installers to leverage the partnerships, connections and network of RAMCO, and now provides interim project financing through the Pro Power Green™ Construction Financing program, allowing Installers to get paid faster and fund growth without typical construction cash-flow constraints inherent to other finance programs and Funds. The SunLender program is tailored to help Installers grow their business and increase their sales.

The SunLender portal provides a single-source quoting platform that offers Solar Power System Installers the ability to quote Homeowners a solar loan and a solar lease within the same proposal, in approved states, thereby allowing the consumer to choose the financing product best suited to their needs; and providing Installers the tools and financing options to close more deals.

SunLender Solar Lease or Loan makes it easy to Reduce Energy Costs

Step 1 Request a free solar home evaluation

Step 2 — Fill out credit app to see how much you can save

Step 3 — Have your solar system designed and installed

Step 4 — Harvest renewable sunlight and start saving

Start the process online today.

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104

email: mthompson@sunlender.com

About

Why SunLender?

SunLender was created top benefit Solar Power System Installers and Homeowners

Demand for electricity is steadily increasing causing household electricity bills to skyrocket.

A homeowner’s cost control of electricity is unknown. A Solar Power System allows a homeowner to set a fixed cost and drive savings for years to come. SunLender is committed to providing property owners with a simplified solar financing solution, giving you the choice of either a lease or a loan. Our network of leading Installers can draw up custom plans to match your toughest roof requirements, resulting in a system tailor-made for your home for zero out-of-pocket expense.

The SunLender program was developed for Solar Power System Installers.

Solar Installers across the country don’t always have the resources to find financing for customers, or the capital to provide it themselves.

For the last 40 years, we have been working with the building trades financing distributors and Installers as well as consumer home improvement projects.  We understand your business, we understand that you have to present solutions to your customers, and we have designed our finance program to specifically address your needs. Our Installer partners can reap the benefits of our industry-specific experience, connections and network.

Integrated Portal – Our pre-qualifying quote system lets Installers and homeowners know immediately if they pre-qualify for a lease or loan. This proprietary solar proposal platform enables Installers to present professional sales proposals to residential customers. The proposal offers several financing options as well as graphic representation of their solar investment.

  • Quick Quote Ability – We are focused on helping you sell more and streamlining that process with our sales tools.  The Quick Quote tool allows Installers to model a variety of products and pricing with a minimum of input, which can easily be converted to a sales proposal.
  • Easy Proposal to Signature Process – Not only do we provide financing, but we also directly service all of our consumer leases and loans.  We are a one-stop-shop and are able to serve both you the installer and your homeowner customers more effectively.
  • We can finance more than just PV – We are a finance company, not just a solar finance company.  We do not limit you to only finance solar solutions. We keep up with our Installers to provide financing for energy management solutions.

More efficient than other programs – When you offer multiple residential solar finance solutions you can tailor your sales pitch to your customer’s needs and close more deals.  With one approval you can offer your customer:

  • SunLender™ Zero Down Solar Lease – The homeowner leases the solar PV equipment and makes a low monthly payment for the length of the contract term.
  • SunLender™ Zero Down Solar Loan – A fully amortized loan that provides a low monthly payment and path to ownership. The homeowner keeps the rebates and tax credits and increases the value of their home.
  • SunLender Plus™ Energy Efficiency Signature Loan – An unsecured loan that provides financing for energy efficiency solutions and can be approved simultaneously with a solar lease or loan.

Program tailored to Installer’s business – we only partner with the best and we trust our Installers

  • Easier program management – We developed our process given our 40-year experience working with the building trades.  Financing is a solution, but it should not overly burden your organization.
  • Faster payment – Experience gives us the insight to know that sales are important, but Cash Flow is more important.  Our program is tailored to help you grow your business and increase your origination.
  • Cash Flow – Interim Jobs/Construction financing provided by ProPower Construction allows you to grow sales and perpetuate deal flow.
  • Program is set up to scale with growth – Using online systems and tools, we are built for growth and have the ability to scale with you.

For Homeowners who want to go green, while saving green … SunLender is here to help you install and save

Every home is unique. There is no ‘one size fits all’ solar residential finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that your Installer can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow.

Our Installer partners can show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

Why SunLender?

  • Flexible Financing with little to no money down.
  • Rent or Own your equipment – the choice is yours.
  • Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
  • Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

SunLender

Loan or lease

$0 Down

Zero-Down Loan or Lease

No money up front, complete solar satisfaction.

Loan or Lease

You decide what is best for you

Clear comparison in the same proposal.

Worry Free

Extended Warranty for Peace of mind

24/7 system monitoring is comprehensive.

Easy Process

Quick, Simple & thorough

Uncomplicated steps put solar in your home

Start the process today …

Begin online

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

Scottsdale, Arizona

Scottsdale is a city in the eastern part of Maricopa County, adjacent to the Greater Phoenix Area, and sits within the Salt River Valley, also known as the “Valley of the Sun,” in the northern reaches of the Sonoran Desert. The New York Times described downtown Scottsdale as “a desert version of Miami’s South Beach,” and as having “plenty of late night partying and a buzzing hotel scene.”

Scottsdale, 31 miles long and 11.4 miles wide at its widest point, shares boundaries with many other municipalities and entities. On the west, Scottsdale is bordered by Phoenix, Paradise Valley and unincorporated Maricopa County land. Carefree is also located along the western boundary, and shares Scottsdale’s northern boundary with the Tonto National Forest. To the south Scottsdale is bordered by Tempe, and Scottsdale’s southern boundary is shared with the Salt River Pima-Maricopa Indian Community, also extends along the Eastern boundary, bordering Fountain Hills, the McDowell Mountain Regional Park and more unincorporated Maricopa County land.

The real estate market in Scottsdale is among the most expensive in the United States. Scottsdale has been ranked among the top 10 markets in the nation for luxury home sales, and one of two cities outside of California. Scottsdale was ranked tenth recently, with $594 million in luxury home sales.

Climate

Scottsdale desert climate is arid, with long, very hot summers and short, mild winters. On most days Scottsdale sees plenty of sunshine and clear skies. On average, there are 300 sunny days per year in Scottsdale, Arizona, compared with 205 sunny days nationwide, making it a perfect application for Residential Solar Power (photovoltaic) systems.

Households

With a population of 217,385 people, Scottsdale, Arizona has a population density 1,305.2 people per square mile.

Scottsdale has 101,273 households residing in the city, and 98.5% of Phoenix’s population lives in them with an average household size of 2.77 people. A reported 20.0 percent of the households had children under the age of 18 living with them and the median age was 42 years old.

According to a recent estimate, the median income for a household in the city was $70,533, and the median income for a family was $92,289.

Solar Energy

Scottsdale –

Scottsdale Green Building Program

Scottsdale’s Green Building Program encourages a whole-systems approach through design and building techniques to minimize environmental impact and reduce the energy consumption of buildings while contributing to the health of its occupants.

Part of the program is Scottsdale’s Green Home Rating Checklist. Scottsdale’s Green Home Rating Checklist has been periodically updated to stay current with building code changes, building product innovations and construction industry trends. Since the last major update in 2007, the green building market has been transformed by national programs such as LEED for Homes and the National Green Building Standard (residential) along with numerous case studies and performance evaluations. In addition to the regional adoption of the International Energy Construction Code, there have been numerous initiatives spurred by the American Recovery and Reinvestment Act (ARRA) involving green building materials, water use reduction, energy efficiency improvements, and renewable energy technologies.

The green home rating checklist update is intended to enhance the sustainability of Scottsdale’s built environment in the context of the Sonoran Desert and greater southwest region. Although the update is primarily technical in nature, there are opportunities for process improvements including third party verification and certification.

Scottsdale Green Building Lecture Series

The City of Scottsdale’s Green Building Program advocates responsible use of our natural resources in the design and construction of buildings in our unique Sonoran Desert environment. The lectures feature local practitioners that share their knowledge, perspectives and experience towards adoption and advancement of energy/resource efficient, healthy, and environmentally responsible building practices. Visit: http://www.scottsdaleaz.gov/greenbuilding for information.

Scottsdale Municipal Green Building Policies Report: Strategies for Transforming Building Practices in the Private Sector

The past few years have seen a tremendous surge in Scottsdale municipal green building policies. A growing number of local governments recognize that changing building practices is important not only for conserving scarce natural resources and preventing pollution, but also for improving health and productivity and achieving economic sustainability. This report reviews more than 30 municipal policies that aim to advance green building in the private sector by (1.) establishing mandatory green building criteria; (2.) providing expedited review as an incentive for green building; or (3.) offering other direct financial incentives for green building, including grants, fee waivers, tax breaks, and bonus development

Arizona Solar Power Industry – Tremendous growth

Arizona’s solar industry has had tremendous growth over the last 4 years. It is one of the sunniest states in America, and it is experiencing one of the largest increases in solar installations in the nation.

Arizona is a leader in solar generation

While California is the nation’s leader in the solar industry, Arizona is a robust second. According to the Solar Energy Industries Association, the leading states are:

  • California
  • Arizona
  • North Carolina
  • Massachusetts
  • New Jersey
  • Hawaii
  • Georgia
  • Texas
  • New York

Facts on the Arizona Solar Industry

There are currently more than 394 solar companies at work throughout the value chain in Arizona, employing 9,200 people.

In 2015, the use of solar in Arizona will save enough water to fill 25,000 swimming pools.

In 2014, Arizona installed 247 mW of solar electric capacity, ranking it fifth nationally.

The 2,101 mW of solar energy currently installed in Arizona ranks the state second in the country in installed solar capacity.  There is enough solar energy installed in the state to power 294,000 homes.

In 2014, $624 million was invested on solar installations in Arizona.

Average installed residential and commercial photovoltaic system prices in Arizona have fallen by 12% in the last year. National Prices have also dropped steadily — by 8% from last year and 49% from 2010.

Arizona ranked second in the nation in utility-scale electricity generation from solar energy.

Arizona, the 15th most populous state, ranked 43rd in per capita energy consumption, partly because of the state’s small industrial sector.

Arizona’s Renewable Environmental Standard requires 15% of the state’s electricity consumed in 2025 to come from renewable energy resources; in 2013, 7.8 % of Arizona’s net electricity generation came from renewable resources, primarily from the Glen Canyon and Hoover Dams.

Twenty-five percent of the energy consumed in Arizona homes is for air conditioning, which is more than four times the national average of 6 percent, according to EIA’s Residential Energy Consumption Survey.

Arizona Takes a Solar Advantage

Arizona is arguably the sunniest state in America, and the Arizona legislature has come through with new solar panel incentives to take advantage of this renewable resource.

Recently, the Environment Arizona Research Policy Center credited Arizonans with having the highest solar capacity per capita in the nation as well as being largely responsible for tripling solar use in the United States over the past three years.

One legislative move was to give every resident in Arizona who installs solar panels, a State Tax Credit of 25% of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30% Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and homeowners can deduct that after they subtract their rebate.

Arizona Net Metering

After months of workshops, regulatory filings and a media battle, last November, the Arizona Corporation Commission (ACC) made an important decision regarding net metering. While Arizona Public Service Co.’s (APS) original proposal of a $50-$100 monthly charge was rejected, the ACC did approve a $0.70/kW monthly charge for new residential solar customer (a $3.50 monthly charge for a 5 kW system). In 2014, ACC has held a workshop process to further investigate the true costs and benefits of solar. Throughout this process and discussion, it has become evident that Arizonans care deeply about their right to generate their own power from the sun.

Arizona State Solar Policy Resources

Arizona Corporation Commission – Learn about the governing body that regulates the electricity rates and services of Arizona public utilities

Arizona State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Arizona

Arizona Governor’s Office of Energy Policy – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics

Arizona State University – Solar Power Lab – Read about the innovative solar technology research taking place at Arizona State University

Arizona Goes Solar – Learn about residential and commercial solar energy options and related regulations through a collaborative effort led by the Arizona Corporation Commission and implemented by the regulated electric utilities in Arizona

DSIRE Incentives Database – Arizona – Search a public clearinghouse for specific solar energy incentives in Arizona and across the United States

U.S. Energy Information Administration – Arizona State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government

Arizona Solar Power:  Rankings, Use and Incentives

Arizona is arguably the sunniest state in the U.S. and it is firmly in the U.S.’s Sunbelt, making it an ideal state for solar installations. As such some of the world’s largest solar farms are being built in the state’s borders and helped Arizona gain a ranking of No. 3 last year in the number of jobs in the solar energy industry. The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. Arizona added 612 jobs in solar last year, a 7.2 percent growth rate.

Some of the solar power generated by Arizona’s solar farms is being used to power its bigger neighbor, California, some used within the state. Arizona’s renewable portfolio standard, which mandates utilities are required to acquire 15 percent of their electricity from renewable resources by 2025. Of that, 30 percent must come from distributed generation like on homes and businesses. As such the state and utilities in the state have programs that offer incentives for solar on people’s homes and businesses. These include net-metering and rebates through utilities and other incentives from the state and from municipalities. Such incentives include personal, property and sales tax credits.

Tax credits and rebates are available to property owners who upgrade or maintain renewable energy sources. One such program is Arizona’s Energy Equipment Property Tax Exemption, under which renewable electric generation, including solar thermal electric, photovoltaics, landfill gas, wind and biomass is not considered by the state to add. In addition, solar and wind-energy-generating equipment are exempted from sales tax.

Under Arizona’s net-metering rules homeowners and variety of other entities including businesses and municipal entities, among others, renewable energy installations up to 125 percent of their energy usage can qualify for net-metering. Under the rules, net excess generation can carry forward over a year period until it’s reimbursed to the person or entity at the utility’s avoided-cost rate.

Many utilities in Arizona offer rebates or payback programs to customers who install solar- or wind-power-generating equipment on their property. Depending on the rebate program, the utility may reimburse the system based on how many kilowatt hours the system is anticipated to produce over a 20-year lifespan. The utility will use those calculations to determine what the rebate for a system is. However, reimbursement funds are limited, so it is a good idea to check with both solar installers and local utilities to determine what current rebates are. Installers will also help home or business owners understand how much they can expect in incentives and rebates.

Arizona Solar Power Rebates

Arizona, with its strong Renewable Portfolio Standard (RPS), provided a solid foundation for solar panel rebate programs offered by all Arizona electric utilities.  An RPS set by the Arizona Corporate Commission and requires 15 percent renewable energy by 2025 among regulated utilities, 4.5 percent of which must come from distributed renewable energy sources. As of January 30, 2013[update], 19 projects, with a total nameplate capacity of 13.450 gW are actively seeking permission to build on federally owned BLM land in Arizona, and one, the 300 mW  Sonoran Solar Project has been approved.

Arizona’s solar panel rebates give many residents a sizable chunk of cash towards their solar panel installation price with varying caps based on the size of your system.

Arizona’s solar power incentives include

(Utility Company – Rebate amount – Cap)

  • APS – $100/kW – $50,000
  • Electric District #3 – $200/kW – $2,000
  • Mohave Electric Cooperative – 40% of total cost up to $25,000
  • SRO – $100/kW – $500
  • Sulphur Springs Valley EC – $250/kW – $2,500
  • TEP – $100/kW – 50% of install cost up to 30kW
  • Trico – $100/kW – 30% of install cost for less than 10kW systems

How do solar rebates work? Similar to getting a rebate card from your local big box store for a dishwasher purchase, state legislatures also provide rebates for solar panel purchases to spur on investment and create new jobs. If you purchase the solar panel system yourself, you qualify for this free cash, which is often a lump payment back to you. Some solar installers like to take this amount directly off the total installed price, and they’ll handle the paperwork for you to make things a lot less complex.

Arizona Solar Power Tax Credits– 25% capped at $1k

Every resident in Arizona who installs solar panels gets a State Tax Credit of 25 percent of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30 percent Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and you’ll deduct that after you subtract your rebate.

About state solar tax credits: State tax credits are not technically free money. However, they are ‘credits’ and not ‘deductions’ which means that if you have the tax appetite to take advantage of them, then they can be a 1-to-1 dollar amount off your taxes instead of a fraction of the cost of the system. So that means they can be an important factor to consider. In certain circumstances, state tax credits can provide a very powerful incentive for people to go solar.

Property Tax Exemption — 100%

Arizona homeowners with solar panels in Arizona get two other benefits from the state:

First, your solar purchase is exempt from higher property taxes due to the increased value of your home. Property tax exemption status is a pretty big factor when putting together your investment considerations. Many argue that solar power adds approximately 20 times your annual electricity bill savings if you own the system and are not leasing.

For many average-sized solar power systems on a house, that can mean $20,000 to your home value. An additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state. However, many states have complete exemptions from added taxes when you install solar on your home!

The second benefit is:

Sales Tax Exemption — 100%

Arizona allows you to be exempt from sales tax on your solar purchase!

Arizona Net Metering

After a long struggle, Arizona solar panels are finally governed by a net-metering standard policy, and that’s great.Net metering is the policy that lets you store your extra solar energy with the utility, and they then credit your bill at night when there is no sun.

Arizona is offering net metering with no limit on the number of customers who can get it. All they ask is that you don’t get more solar than 125 percent of your current electric needs.

Even better, for that extra 25 percent of power that your solar panels can generate in Arizona, the utility is going to pay you extra cash at the end of the year. The rate is going to vary and has to be approved by the Public Utility Commission.

That means if you go all the way and buy a system that takes care of 125 percent of your current electric needs, you’ll not only get free electricity, but some spending money on top.

Arizona Interconnection Rules — None.

Interconnection rules are a little technical, but they basically allow you to “plug in” to the electric grid with solar panels on your roof.

Solar Financial Incentives in Scottsdale

For your Residential Solar Financing in Scottsdale, the SunLender programs can save you money while ensuring that the process is easy for you. In addition the money you can save with SunLender, Solar Power Systems installed in Scottsdale can save homeowners money through several other programs.

Federal Tax Credits and Accelerated Depreciation

A 30 percent federal tax credit is offered for the installation of both residential and corporate solar energy systems. The tax credit is applied to the net cost after other rebates or grants have reduced the initial system cost. The current federal tax credit program is available through 2016.

Residential Renewable Energy Tax Credit: Homeowners installing new solar PV and solar water heating systems are eligible for his 30 percent tax credit. Download IRS Form 5695.

Business Energy Investment Tax Credit: Businesses installing new solar PV and solar water heating systems are eligible for this 30 percent tax credit. Download IRS Form 3468.

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

Federal ITC

The Federal Government provides tax credits for businesses that invest in renewable energy.

Residential Renewable Energy Tax Credit

The Federal Government provides tax credits for residential renewable energy

To take advantage of Residential Solar PV Systems for your home or your customers’ homes … SunLender makes sense …

SunLender programs include:

SunLender™ Residential Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home.  SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Installer partners can show you how to “reduce” your energy usage with energy efficiency products, before you decide to “produce” with a solar system – ensuring that you get the right size system for your home. Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses.  If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. The Signature Loan is a secured term loan for financing the purchase and installation of energy efficiency products for your home with a term up to 7 years.

SunLender Pro™ Commercial Solar Financing

Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects. The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 15 years.

Pro Power Construction Interim Job Financing

One of the biggest challenges for Installers is cash flow during the construction phase of a project. Ramco/SunLender solves all that with ProPower Construction. Interim milestone payments are available to Installers from the beginning of a project. Greater Installer cash flow allows faster Installer growth and deal flow.

Start the process today, for your own home or for your customers’ homes …

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

 

Residential Solar Financing in Phoenix

In Phoenix and throughout Arizona and the Sunbelt states, Renewable Asset Management Company, LLC and SunLender™ provide residential solar financing directly through a network of leading Solar Power System (photovoltaic system) Installation companies. For Residential Solar Financing in Phoenix and throughout Arizona, SunLender can be counted on as your go-to provider.

Phoenix, Arizona is the anchor of the Phoenix metropolitan area, also known as the Valley of the Sun, and what better place to take advantage of residential solar power systems, or the residential solar financing programs offered by SunLender?

Residential Solar Financing Phoenix

Residential Solar Financing Phoenix

Since 2011, the SunLender programs have allowed Solar Power Installers to provide solar financing to their residential solar customers with a 20-year operating lease or a 10-year or 15-year loan. And Renewable Asset Management Company (RAMCO) is a proven leader in renewable energy financing, and in conjunction with affiliated companies have offered a variety of commercial and residential solar financing programs since 2008.

Residential Solar Financing in Phoenix and America

The SunLender Lease and Loan programs are offered to approved Solar Power System Installers in Arizona, California and Hawaii. The SunLender Loan solar financing program is also currently available in Oregon, Michigan, Minnesota, North Carolina, South Carolina, Texas and Washington

Do you want to do what’s best for your customers?

We can save your customers up to an additional $13K on a typical $20K solar system.

Since our lease term is 20 years instead of 25, with the same or lower monthly payment as other financing programs, we can generate significant savings to your customers just by financing with SunLender.

  • Same System
  • Same Monthly Payment
  • Same Utility Savings
  • Less Total Cost

Contact SunLender for your Residential Solar Financing in Phoenix.

Do the right thing for your customers.
Call SunLender today.

Call Mike Thompson to secure
the shortest term for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

The SunLender Difference:

SunLender™ Residential
Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home. SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses. If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. Our Installer partners can show you how to lower your energy usage with energy efficiency products, before you decide to generate power with a solar system – ensuring that you get the right size solar system for your home.
  • Signature Loan – The Signature Loan is a secured term loan for financing the purchase and installation of energy-efficiency products for your home with a term up to 7 years.

SunLender Pro™

  • Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects.

Commercial Solar Financing

Loan – The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 10 years.

We are looking for quality Installers in select markets

With SunLender, You Get:

  • Cash Flow – Installer job/construction financing through SunLender provides Solar Power System Installers with needed cash as early as customer credit approval.
  • Ease of Use – The SunLender proprietary solar proposal platform is comprehensive, uncomplicated and makes closing sales easy.
  • Less Red Tape – SunLender financing requires significantly less administrative burden than other financial programs in the solar market
  • Immediate Credit Approval – With SunLender, Solar Power System Installers can offer conditional financing approval to Homeowners in minutes.
  • Total Solution – SunLender is a complete in-house one-stop solar financing program, from originations and funding to servicing, and operations and maintenance.
  • Experience – 41-year financing foundation providing Installers and their customers unique credit programs, and financing renewables since 2008

Contact us to Demo the Program and see how SunLender can help you grow your business.

Available Programs:

SunLender™ Zero Down
Solar Lease

SunLender™ Zero Down
Solar Loan

SunLender Plus™ Energy Efficiency Signature Loan

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

SunLender designed to provide Solar Power System Installers with the cash flow

If your company is based in the Phoenix area, or Arizona, or you have a West Coast or Sunbelt client-base or solar system to install, the SunLender program is uniquely designed to provide Solar Power System Installers with the cash flow they need to grow. For your Residential Solar Financing in Phoenix, the SunLender enhanced program allows Installers to leverage the partnerships, connections and network of RAMCO, and now provides interim project financing through the Pro Power Green™ Construction Financing program, allowing Installers to get paid faster and fund growth without typical construction cash-flow constraints inherent to other finance programs and Funds. The SunLender program is tailored to help Installers grow their business and increase their sales.

The SunLender portal provides a single-source quoting platform that offers Solar Power System Installers the ability to quote Homeowners a solar loan and a solar lease within the same proposal, in approved states, thereby allowing the consumer to choose the financing product best suited to their needs; and providing Installers the tools and financing options to close more deals.

SunLender Solar Lease or Loan makes it easy to Reduce Energy Costs

Step 1 Request a free solar home evaluation

Step 2 — Fill out credit app to see how much you can save

Step 3 — Have your solar system designed and installed

Step 4 — Harvest renewable sunlight and start saving

Start the process online today.

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104

email: mthompson@sunlender.com

About

Why SunLender?

SunLender was created top benefit Solar Power System Installers and Homeowners

Demand for electricity is steadily increasing causing household electricity bills to skyrocket.

A homeowner’s cost control of electricity is unknown. A Solar Power System allows a homeowner to set a fixed cost and drive savings for years to come. SunLender is committed to providing property owners with a simplified solar financing solution, giving you the choice of either a lease or a loan. Our network of leading Installers can draw up custom plans to match your toughest roof requirements, resulting in a system tailor-made for your home for zero out-of-pocket expense.

The SunLender program was developed for Solar Power System Installers.

Solar Installers across the country don’t always have the resources to find financing for customers, or the capital to provide it themselves.

For the last 40 years, we have been working with the building trades financing distributors and Installers as well as consumer home improvement projects.  We understand your business, we understand that you have to present solutions to your customers, and we have designed our finance program to specifically address your needs. Our Installer partners can reap the benefits of our industry-specific experience, connections and network.

Integrated Portal – Our pre-qualifying quote system lets Installers and homeowners know immediately if they pre-qualify for a lease or loan. This proprietary solar proposal platform enables Installers to present professional sales proposals to residential customers. The proposal offers several financing options as well as graphic representation of their solar investment.

  • Quick Quote Ability – We are focused on helping you sell more and streamlining that process with our sales tools.  The Quick Quote tool allows Installers to model a variety of products and pricing with a minimum of input, which can easily be converted to a sales proposal.
  • Easy Proposal to Signature Process – Not only do we provide financing, but we also directly service all of our consumer leases and loans.  We are a one-stop-shop and are able to serve both you the installer and your homeowner customers more effectively.
  • We can finance more than just PV – We are a finance company, not just a solar finance company.  We do not limit you to only finance solar solutions. We keep up with our Installers to provide financing for energy management solutions.

More efficient than other programs – When you offer multiple residential solar finance solutions you can tailor your sales pitch to your customer’s needs and close more deals.  With one approval you can offer your customer:

  • SunLender™ Zero Down Solar Lease – The homeowner leases the solar PV equipment and makes a low monthly payment for the length of the contract term.
  • SunLender™ Zero Down Solar Loan – A fully amortized loan that provides a low monthly payment and path to ownership. The homeowner keeps the rebates and tax credits and increases the value of their home.
  • SunLender Plus™ Energy Efficiency Signature Loan – An unsecured loan that provides financing for energy efficiency solutions and can be approved simultaneously with a solar lease or loan.

Program tailored to Installer’s business – we only partner with the best and we trust our Installers

  • Easier program management – We developed our process given our 40-year experience working with the building trades.  Financing is a solution, but it should not overly burden your organization.
  • Faster payment – Experience gives us the insight to know that sales are important, but Cash Flow is more important.  Our program is tailored to help you grow your business and increase your origination.
  • Cash Flow – Interim Jobs/Construction financing provided by ProPower Construction allows you to grow sales and perpetuate deal flow.
  • Program is set up to scale with growth – Using online systems and tools, we are built for growth and have the ability to scale with you.

For Homeowners who want to go green, while saving green … SunLender is here to help you install and save

Every home is unique. There is no ‘one size fits all’ solar residential finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that your Installer can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow.

Our Installer partners can show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

Why SunLender?

  • Flexible Financing with little to no money down.
  • Rent or Own your equipment – the choice is yours.
  • Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
  • Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

SunLender

Loan or lease

$0 Down

Zero-Down Loan or Lease

No money up front, complete solar satisfaction.

Loan or Lease

You decide what is best for you

Clear comparison in the same proposal.

Worry Free

Extended Warranty for Peace of mind

24/7 system monitoring is comprehensive.

Easy Process

Quick, Simple & thorough

Uncomplicated steps put solar in your home

Start the process today …

Begin online

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

Phoenix, Arizona

Phoenix, Arizona is the anchor of the Phoenix metropolitan area, also known as the Valley of the Sun. Phoenix is the capital city and largest city in Arizona. With 1,537,058 people, Phoenix is the most populous state capital in the United States, as well as the sixth most populous city in the United States. Phoenix is also the county seat of Maricopa County and with an area of nearly 518 square miles is one of the largest cities in America.

The Valley of the Sun is part of the Salt River Valley, and the entire Phoenix metropolitan area ranks 13th in the United States with a population of 4.3 million people.

Phoenix is located in the northeastern reaches of the Sonoran Desert, in the south-central portion of Arizona, and about halfway between Tucson to the south and Flagstaff  to the north.

Climate

Phoenix has a hot desert climate with long, very hot summers and short, mild winters. The climate is arid, with plenty of sunshine and clear skies. On average, there are 300 sunny days per year in Phoenix, Arizona, compared with 205 sunny days nationwide. In some years, Phoenix sees as many as 330 days of sunshine in a year. Phoenix and Tucson see sunshine an average of 85-90 percent of the time, making them perfect applications for Residential Solar Power (photovoltaic) systems.

Households

With a population of 1,537,058, Phoenix, Arizona has a population density 2,797.8 people per square mile.

Phoenix has 514,806 households and 98.5% of Phoenix’s population lives in them with an average household size of 2.77 people. A reported 64.2% of those households consisted of families, and 33.6% of those households had children below the age of 18.

The median income for a household in Phoenix was reported in the 2010 census as $47,866, and the median income for a family was $54,804.

Solar Energy

Phoenix –

Phoenix is Third in Overall Solar Capacity and Fifth in Per Capita Capacity

The Environment America Research and Policy Center, which evaluated 57 cities in 38 states, found that Phoenix had 96 megawatts of overall capacity. That ranked third, behind Los Angeles and San Diego.

In another positioning list, Phoenix ranks No. 6 among a group of large U.S. cities in the environmental group’s accounting of per-capita photovoltaic capacity. Measuring that capacity per-capita, Honolulu ranked first, followed by San Jose, Calif., Wilmington, Del., San Diego, Indianapolis and Phoenix.

The city of Phoenix has installed solar panels at 28 public sites since 2007, creating 15.3 megawatts of capacity. Noteworthy among them are the Burton Barr Library parking lot panels, which also created 84 covered parking spots.

Phoenix city leaders credit Arizona’s sunny skies for the growth of residential solar panel installations in the city.

The report also revealed more customers were converted during the past few years because solar panels have become more affordable, and that the top 20 solar cities in this report have more solar power within their city limits than was installed in the entire U.S. just five years ago.

The report also found that there is more than 200 times as much solar photovoltaic (PV) capacity installed in the U.S. today compared to 2002, much of that in America’s cities. The to 20 cities account for 7 percent of the installed photovoltaic solar, while occupying only 0.1 percent of the land area.

The report highlighted the benefits of solar energy including:

Solar energy avoids pollution—Pollution-free energy from the sun reduces air pollution that contributes to urban smog and global warming.  It also helps save the massive amount of water that’s normally consumed during the cooling of a fossil fuel burning power plant.

Solar energy protects consumers— Since solar has no fuel costs, it can protect us from the rising cost of fossil fuels.

Solar energy helps the economy— Arizona has 8,558 solar jobs, the 2nd most solar jobs of any state.

Arizona Solar Power Industry – Tremendous growth

Arizona’s solar industry has had tremendous growth over the last 4 years. It is one of the sunniest states in America, and it is experiencing one of the largest increases in solar installations in the nation.

Arizona is a leader in solar generation

While California is the nation’s leader in the solar industry, Arizona is a robust second. According to the Solar Energy Industries Association, the leading states are:

  • California
  • Arizona
  • North Carolina
  • Massachusetts
  • New Jersey
  • Hawaii
  • Georgia
  • Texas
  • New York

Facts on the Arizona Solar Industry

There are currently more than 394 solar companies at work throughout the value chain in Arizona, employing 9,200 people.

In 2015, the use of solar in Arizona will save enough water to fill 25,000 swimming pools.

In 2014, Arizona installed 247 mW of solar electric capacity, ranking it fifth nationally.

The 2,101 mW of solar energy currently installed in Arizona ranks the state second in the country in installed solar capacity.  There is enough solar energy installed in the state to power 294,000 homes.

In 2014, $624 million was invested on solar installations in Arizona.

Average installed residential and commercial photovoltaic system prices in Arizona have fallen by 12% in the last year. National Prices have also dropped steadily — by 8% from last year and 49% from 2010.

Arizona ranked second in the nation in utility-scale electricity generation from solar energy.

Arizona, the 15th most populous state, ranked 43rd in per capita energy consumption, partly because of the state’s small industrial sector.

Arizona’s Renewable Environmental Standard requires 15% of the state’s electricity consumed in 2025 to come from renewable energy resources; in 2013, 7.8 % of Arizona’s net electricity generation came from renewable resources, primarily from the Glen Canyon and Hoover Dams.

Twenty-five percent of the energy consumed in Arizona homes is for air conditioning, which is more than four times the national average of 6 percent, according to EIA’s Residential Energy Consumption Survey.

Arizona Takes a Solar Advantage

Arizona is arguably the sunniest state in America, and the Arizona legislature has come through with new solar panel incentives to take advantage of this renewable resource.

Recently, the Environment Arizona Research Policy Center credited Arizonans with having the highest solar capacity per capita in the nation as well as being largely responsible for tripling solar use in the United States over the past three years.

One legislative move was to give every resident in Arizona who installs solar panels, a State Tax Credit of 25% of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30% Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and homeowners can deduct that after they subtract their rebate.

Arizona Net Metering

After months of workshops, regulatory filings and a media battle, last November, the Arizona Corporation Commission (ACC) made an important decision regarding net metering. While Arizona Public Service Co.’s (APS) original proposal of a $50-$100 monthly charge was rejected, the ACC did approve a $0.70/kW monthly charge for new residential solar customer (a $3.50 monthly charge for a 5 kW system). In 2014, ACC has held a workshop process to further investigate the true costs and benefits of solar. Throughout this process and discussion, it has become evident that Arizonans care deeply about their right to generate their own power from the sun.

Arizona State Solar Policy Resources

Arizona Corporation Commission – Learn about the governing body that regulates the electricity rates and services of Arizona public utilities

Arizona State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Arizona

Arizona Governor’s Office of Energy Policy – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics

Arizona State University – Solar Power Lab – Read about the innovative solar technology research taking place at Arizona State University

Arizona Goes Solar – Learn about residential and commercial solar energy options and related regulations through a collaborative effort led by the Arizona Corporation Commission and implemented by the regulated electric utilities in Arizona

DSIRE Incentives Database – Arizona – Search a public clearinghouse for specific solar energy incentives in Arizona and across the United States

U.S. Energy Information Administration – Arizona State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government

Arizona Solar Power:  Rankings, Use and Incentives

Arizona is arguably the sunniest state in the U.S. and it is firmly in the U.S.’s Sunbelt, making it an ideal state for solar installations. As such some of the world’s largest solar farms are being built in the state’s borders and helped Arizona gain a ranking of No. 3 last year in the number of jobs in the solar energy industry. The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. Arizona added 612 jobs in solar last year, a 7.2 percent growth rate.

Some of the solar power generated by Arizona’s solar farms is being used to power its bigger neighbor, California, some used within the state. Arizona’s renewable portfolio standard, which mandates utilities are required to acquire 15 percent of their electricity from renewable resources by 2025. Of that, 30 percent must come from distributed generation like on homes and businesses. As such the state and utilities in the state have programs that offer incentives for solar on people’s homes and businesses. These include net-metering and rebates through utilities and other incentives from the state and from municipalities. Such incentives include personal, property and sales tax credits.

Tax credits and rebates are available to property owners who upgrade or maintain renewable energy sources. One such program is Arizona’s Energy Equipment Property Tax Exemption, under which renewable electric generation, including solar thermal electric, photovoltaics, landfill gas, wind and biomass is not considered by the state to add. In addition, solar and wind-energy-generating equipment are exempted from sales tax.

Under Arizona’s net-metering rules homeowners and variety of other entities including businesses and municipal entities, among others, renewable energy installations up to 125 percent of their energy usage can qualify for net-metering. Under the rules, net excess generation can carry forward over a year period until it’s reimbursed to the person or entity at the utility’s avoided-cost rate.

Many utilities in Arizona offer rebates or payback programs to customers who install solar- or wind-power-generating equipment on their property. Depending on the rebate program, the utility may reimburse the system based on how many kilowatt hours the system is anticipated to produce over a 20-year lifespan. The utility will use those calculations to determine what the rebate for a system is. However, reimbursement funds are limited, so it is a good idea to check with both solar installers and local utilities to determine what current rebates are. Installers will also help home or business owners understand how much they can expect in incentives and rebates.

Arizona Solar Power Rebates

Arizona, with its strong Renewable Portfolio Standard (RPS), provided a solid foundation for solar panel rebate programs offered by all Arizona electric utilities.  An RPS set by the Arizona Corporate Commission and requires 15 percent renewable energy by 2025 among regulated utilities, 4.5 percent of which must come from distributed renewable energy sources. As of January 30, 2013[update], 19 projects, with a total nameplate capacity of 13.450 gW are actively seeking permission to build on federally owned BLM land in Arizona, and one, the 300 mW  Sonoran Solar Project has been approved.

Arizona’s solar panel rebates give many residents a sizable chunk of cash towards their solar panel installation price with varying caps based on the size of your system.

Arizona’s solar power incentives include

(Utility Company – Rebate amount – Cap)

  • APS – $100/kW – $50,000
  • Electric District #3 – $200/kW – $2,000
  • Mohave Electric Cooperative – 40% of total cost up to $25,000
  • SRO – $100/kW – $500
  • Sulphur Springs Valley EC – $250/kW – $2,500
  • TEP – $100/kW – 50% of install cost up to 30kW
  • Trico – $100/kW – 30% of install cost for less than 10kW systems

How do solar rebates work? Similar to getting a rebate card from your local big box store for a dishwasher purchase, state legislatures also provide rebates for solar panel purchases to spur on investment and create new jobs. If you purchase the solar panel system yourself, you qualify for this free cash, which is often a lump payment back to you. Some solar installers like to take this amount directly off the total installed price, and they’ll handle the paperwork for you to make things a lot less complex.

Arizona Solar Power Tax Credits– 25% capped at $1k

Every resident in Arizona who installs solar panels gets a State Tax Credit of 25 percent of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30 percent Federal Solar Tax Credit as well. There’s no cap on the federal tax credit and you’ll deduct that after you subtract your rebate.

About state solar tax credits: State tax credits are not technically free money. However, they are ‘credits’ and not ‘deductions’ which means that if you have the tax appetite to take advantage of them, then they can be a 1-to-1 dollar amount off your taxes instead of a fraction of the cost of the system. So that means they can be an important factor to consider. In certain circumstances, state tax credits can provide a very powerful incentive for people to go solar.

Property Tax Exemption — 100%

Arizona homeowners with solar panels in Arizona get two other benefits from the state:

First, your solar purchase is exempt from higher property taxes due to the increased value of your home. Property tax exemption status is a pretty big factor when putting together your investment considerations. Many argue that solar power adds approximately 20 times your annual electricity bill savings if you own the system and are not leasing.

For many average-sized solar power systems on a house, that can mean $20,000 to your home value. An additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state. However, many states have complete exemptions from added taxes when you install solar on your home!

The second benefit is:

Sales Tax Exemption — 100%

Arizona allows you to be exempt from sales tax on your solar purchase!

Arizona Net Metering

After a long struggle, Arizona solar panels are finally governed by a net-metering standard policy, and that’s great.Net metering is the policy that lets you store your extra solar energy with the utility, and they then credit your bill at night when there is no sun.

Arizona is offering net metering with no limit on the number of customers who can get it. All they ask is that you don’t get more solar than 125 percent of your current electric needs.

Even better, for that extra 25 percent of power that your solar panels can generate in Arizona, the utility is going to pay you extra cash at the end of the year. The rate is going to vary and has to be approved by the Public Utility Commission.

That means if you go all the way and buy a system that takes care of 125 percent of your current electric needs, you’ll not only get free electricity, but some spending money on top.

Arizona Interconnection Rules — None.

Interconnection rules are a little technical, but they basically allow you to “plug in” to the electric grid with solar panels on your roof.

Solar Financial Incentives in Phoenix

For your Residential Solar Financing in Phoenix, the SunLender programs can save you money while ensuring that the process is easy for you. In addition the money you can save with SunLender, Solar Power Systems installed in Phoenix can save homeowners money through several other programs.

Federal Tax Credits and Accelerated Depreciation

A 30 percent federal tax credit is offered for the installation of both residential and corporate solar energy systems. The tax credit is applied to the net cost after other rebates or grants have reduced the initial system cost. The current federal tax credit program is available through 2016.

Residential Renewable Energy Tax Credit: Homeowners installing new solar PV and solar water heating systems are eligible for his 30 percent tax credit. Download IRS Form 5695.

Business Energy Investment Tax Credit: Businesses installing new solar PV and solar water heating systems are eligible for this 30 percent tax credit. Download IRS Form 3468.

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

Federal ITC

The Federal Government provides tax credits for businesses that invest in renewable energy.

Residential Renewable Energy Tax Credit

The Federal Government provides tax credits for residential renewable energy

To take advantage of Residential Solar PV Systems for your home or your customers’ homes … SunLender makes sense …

SunLender programs include:

SunLender™ Residential Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home.  SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Installer partners can show you how to “reduce” your energy usage with energy efficiency products, before you decide to “produce” with a solar system – ensuring that you get the right size system for your home. Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses.  If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. The Signature Loan is a secured term loan for financing the purchase and installation of energy efficiency products for your home with a term up to 7 years.

SunLender Pro™ Commercial Solar Financing

Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects. The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 15 years.

Pro Power Construction Interim Job Financing

One of the biggest challenges for Installers is cash flow during the construction phase of a project. Ramco/SunLender solves all that with ProPower Construction. Interim milestone payments are available to Installers from the beginning of a project. Greater Installer cash flow allows faster Installer growth and deal flow.

Start the process today, for your own home or for your customers’ homes …

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

 

Residential Solar Financing in Glendale

In Glendale and throughout Arizona and the Sunbelt states, Renewable Asset Management Company, LLC and SunLender™ provide residential solar financing directly through a network of leading Solar Power System (photovoltaic system) Installation companies. For Residential Solar Financing in Glendale and throughout Arizona, SunLender can be counted on as your go-to provider.

GlendaleSince 2011, the SunLender program has allowed Solar Power Installers to provide solar financing to their residential solar customers with a 20-year operating lease or a 10-year or 15-year loan. And Renewable Asset Management Company (RAMCO) is a proven leader in renewable energy financing, and in conjunction with affiliated companies have offered a variety of commercial and residential solar financing programs since 2008.

Residential Solar Financing in Glendale and America

The SunLender Lease and Loan programs are offered to approved Solar Power System Installers in Arizona, California and Hawaii. The SunLender Loan solar financing program is also currently available in Oregon, Michigan, Minnesota, North Carolina, South Carolina, Texas and Washington

 

Do you want to do what’s best for your customers?

We can save your customers up to an additional $13K on a typical $20K solar system.

Since our lease term is 20 years instead of 25, with the same or lower monthly payment as other financing programs, we can generate significant savings to your customers just by financing with SunLender.

  • Same System
  • Same Monthly Payment
  • Same Utility Savings
  • Less Total Cost

Contact SunLender for your Residential Solar Financing in Glendale.

Do the right thing for your customers.
Call SunLender today.

Call Mike Thompson to secure
the shortest term for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

The SunLender Difference:

SunLender™ Residential
Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home. SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses. If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. Our Installer partners can show you how to lower your energy usage with energy efficiency products, before you decide to generate power with a solar system – ensuring that you get the right size solar system for your home.
  • Signature Loan – The Signature Loan is a secured term loan for financing the purchase and installation of energy-efficiency products for your home with a term up to 7 years.

SunLender Pro™

  • Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects.

Commercial Solar Financing

Loan – The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 10 years.

We are looking for quality Installers in select markets

With SunLender, You Get:

  • Cash Flow – Installer job/construction financing through SunLender provides Solar Power System Installers with needed cash as early as customer credit approval.
  • Ease of Use – The SunLender proprietary solar proposal platform is comprehensive, uncomplicated and makes closing sales easy.
  • Less Red Tape – SunLender financing requires significantly less administrative burden than other financial programs in the solar market
  • Immediate Credit Approval – With SunLender, Solar Power System Installers can offer conditional financing approval to Homeowners in minutes.
  • Total Solution – SunLender is a complete in-house one-stop solar financing program, from originations and funding to servicing, and operations and maintenance.
  • Experience – 41-year financing foundation providing Installers and their customers unique credit programs, and financing renewables since 2008

Contact us to Demo the Program and see how SunLender can help you grow your business.

Available Programs:

SunLender™ Zero Down
Solar Lease

SunLender™ Zero Down
Solar Loan

SunLender Plus™ Energy Efficiency Signature Loan

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104

SunLender designed to provide Solar Power System Installers with the cash flow

If your company is based in the Glendale area, or Arizona, or you have a West Coast or Sunbelt client-base or solar system to install, the SunLender program is uniquely designed to provide Solar Power System Installers with the cash flow they need to grow. For your Residential Solar Financing in Glendale, the SunLender enhanced program allows Installers to leverage the partnerships, connections and network of RAMCO, and now provides interim project financing through the Pro Power Green™ Construction Financing program, allowing Installers to get paid faster and fund growth without typical construction cash-flow constraints inherent to other finance programs and Funds. The SunLender program is tailored to help Installers grow their business and increase their sales.

The SunLender portal provides a single-source quoting platform that offers Solar Power System Installers the ability to quote Homeowners a solar loan and a solar lease within the same proposal, in approved states, thereby allowing the consumer to choose the financing product best suited to their needs; and providing Installers the tools and financing options to close more deals.

SunLender Solar Lease or Loan makes it easy to Reduce Energy Costs

Step 1 Request a free solar home evaluation

Step 2 — Fill out credit app to see how much you can save

Step 3 — Have your solar system designed and installed

Step 4 — Harvest renewable sunlight and start saving

Start the process online today.

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104

email: mthompson@sunlender.com

About

Why SunLender?

SunLender was created top benefit Solar Power System Installers and Homeowners

Demand for electricity is steadily increasing causing household electricity bills to skyrocket.

A homeowner’s cost control of electricity is unknown. A Solar Power System allows a homeowner to set a fixed cost and drive savings for years to come. SunLender is committed to providing property owners with a simplified solar financing solution, giving you the choice of either a lease or a loan. Our network of leading Installers can draw up custom plans to match your toughest roof requirements, resulting in a system tailor-made for your home for zero out-of-pocket expense.

The SunLender program was developed for Solar Power System Installers.

Solar Installers across the country don’t always have the resources to find financing for customers, or the capital to provide it themselves.

For the last 40 years, we have been working with the building trades financing distributors and Installers as well as consumer home improvement projects.  We understand your business, we understand that you have to present solutions to your customers, and we have designed our finance program to specifically address your needs. Our Installer partners can reap the benefits of our industry-specific experience, connections and network.

Integrated Portal – Our pre-qualifying quote system lets Installers and homeowners know immediately if they pre-qualify for a lease or loan. This proprietary solar proposal platform enables Installers to present professional sales proposals to residential customers. The proposal offers several financing options as well as graphic representation of their solar investment.

  • Quick Quote Ability – We are focused on helping you sell more and streamlining that process with our sales tools.  The Quick Quote tool allows Installers to model a variety of products and pricing with a minimum of input, which can easily be converted to a sales proposal.
  • Easy Proposal to Signature Process – Not only do we provide financing, but we also directly service all of our consumer leases and loans.  We are a one-stop-shop and are able to serve both you the installer and your homeowner customers more effectively.
  • We can finance more than just PV – We are a finance company, not just a solar finance company.  We do not limit you to only finance solar solutions. We keep up with our Installers to provide financing for energy management solutions.

More efficient than other programs – When you offer multiple residential solar finance solutions you can tailor your sales pitch to your customer’s needs and close more deals.  With one approval you can offer your customer:

  • SunLender™ Zero Down Solar Lease – The homeowner leases the solar PV equipment and makes a low monthly payment for the length of the contract term.
  • SunLender™ Zero Down Solar Loan – A fully amortized loan that provides a low monthly payment and path to ownership. The homeowner keeps the rebates and tax credits and increases the value of their home.
  • SunLender Plus™ Energy Efficiency Signature Loan – An unsecured loan that provides financing for energy efficiency solutions and can be approved simultaneously with a solar lease or loan.

Program tailored to Installer’s business – we only partner with the best and we trust our Installers

  • Easier program management – We developed our process given our 40-year experience working with the building trades.  Financing is a solution, but it should not overly burden your organization.
  • Faster payment – Experience gives us the insight to know that sales are important, but Cash Flow is more important.  Our program is tailored to help you grow your business and increase your origination.
  • Cash Flow – Interim Jobs/Construction financing provided by ProPower Construction allows you to grow sales and perpetuate deal flow.
  • Program is set up to scale with growth – Using online systems and tools, we are built for growth and have the ability to scale with you.

For Homeowners who want to go green, while saving green … SunLender is here to help you install and save

Every home is unique. There is no ‘one size fits all’ solar residential finance solution out there, contrary to what much of the industry might say. That’s why we offer both a lease and a loan – so that your Installer can design the best system, with the best financing, with the longest warranty, for the best price, guaranteed. Your family has unique needs and we want to provide the right solution for you. We have designed residential solar financing solutions that require little or no money down, and have positive impact to your monthly cash flow.

Our Installer partners can show you how your new solar power system will pay for itself right away, by funding the monthly financing payment with the savings from your electricity bill. By combining federal and local rebates and incentives and using our innovative financing solutions, you can install a solar power system that will save you tens of thousands of dollars over its life, without requiring cash outlays at the time of installation!

Why SunLender?

  • Flexible Financing with little to no money down.
  • Rent or Own your equipment – the choice is yours.
  • Do the right thing! – Replace dirty grid power with clean renewable energy and save your family money.
  • Increase the value of your home – The Department of Energy completed a study in April 2011 that concluded a home seller who invested in solar panels could expect to capture a premium of $18,600-$23,870 versus comparable homes without solar panels,

Available programs:

SunLender

Loan or lease

$0 Down

Zero-Down Loan or Lease

No money up front, complete solar satisfaction.

Loan or Lease

You decide what is best for you

Clear comparison in the same proposal.

Worry Free

Extended Warranty for Peace of mind

24/7 system monitoring is comprehensive.

Easy Process

Quick, Simple & thorough

Uncomplicated steps put solar in your home

Start the process today …

Begin online

Or Call Mike Thompson to reduce energy costs for your customers:
(855) 630-0869 ext. 104
email: mthompson@sunlender.com

Glendale, Arizona

Glendale, Arizona, known as  “Arizona’s Antique Capital”, is located in Maricopa County, and sits about nine miles northwest from Downtown Phoenix.  According to the 2010 census, the population of Glendale is 226,721. Glendale is part of the Phoenix-Mesa Scottsdale Metro Area.

Glendale, Arizona has a total area of 55.8 square miles — 55.7 square miles of it is land and 0.1 square miles of it (0.13%) is water. Glendale’s elevation is 1187 feet above sea level.

Climate

Glendale, Arizona has a hot desert climate. The area within 25 miles of Glendale is covered by shrublands (93%) and croplands (3%). Over the course of a year, the temperature typically varies from 41°F to 107°F and is rarely below 35°F or above 112°F.  Perfect for solar power applications, Glendale experiences about 296 sunny days per year, well above the national average of 205 days.

Households

With a population of 226,721, Glendale, Arizona has a population density 3,929.5 people per square mile. The 2010 census reported that Glendale has 75,700 households, and 54,352 families residing in the city. Of those 75,700 households, 39.9% had children under the age of 18 living with them and 28.2% were non-families. A total of 21.3% of all households were made up of individuals and 5.8% had someone living alone who was 65 years of age or older. The average household size was 2.85 and the average family size was 3.33.

The median income for a household in the city was $45,015, and the median income for a family was $51,162.

Solar Energy

Glendale –

Arizona Solar Power Industry – Tremendous growth

Arizona’s solar industry has had tremendous growth over the last 4 years. It is one of the sunniest states in America, and it is experiencing one of the largest increases in solar installations in the nation.

Facts on the Arizona Solar Industry

There are currently more than 394 solar companies at work throughout the value chain in Arizona, employing 9,200 people.

In 2015, the use of solar in Arizona will save enough water to fill 25,000 swimming pools.

In 2014, Arizona installed 247 mW of solar electric capacity, ranking it fifth nationally.

The 2,101 mW of solar energy currently installed in Arizona ranks the state second in the country in installed solar capacity.  There is enough solar energy installed in the state to power 294,000 homes.

In 2014, $624 million was invested on solar installations in Arizona.

Average installed residential and commercial photovoltaic system prices in Arizona have fallen by 12% in the last year. National Prices have also dropped steadily — by 8% from last year and 49% from 2010.

Arizona Net Metering

After months of workshops, regulatory filings and a media battle, last November, the Arizona Corporation Commission (ACC) made an important decision regarding net metering. While Arizona Public Service Co.’s (APS) original proposal of a $50-$100 monthly charge was rejected, the ACC did approve a $0.70/kW monthly charge for new residential solar customer (a $3.50 monthly charge for a 5 kW system). In 2014, ACC has held a workshop process to further investigate the true costs and benefits of solar. Throughout this process and discussion, it has become evident that Arizonans care deeply about their right to generate their own power from the sun.

Arizona State Solar Policy Resources

Arizona Corporation Commission – Learn about the governing body that regulates the electricity rates and services of Arizona public utilities

Arizona State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Arizona

Arizona Governor’s Office of Energy Policy – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics

Arizona State University – Solar Power Lab – Read about the innovative solar technology research taking place at Arizona State University

Arizona Goes Solar – Learn about residential and commercial solar energy options and related regulations through a collaborative effort led by the Arizona Corporation Commission and implemented by the regulated electric utilities in Arizona

DSIRE Incentives Database – Arizona – Search a public clearinghouse for specific solar energy incentives in Arizona and across the United States

U.S. Energy Information Administration – Arizona State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government

Arizona Solar Power:  Rankings, Use and Incentives

Arizona is arguably the sunniest state in the U.S. and it is firmly in the U.S.’s Sunbelt, making it an ideal state for solar installations. As such some of the world’s largest solar farms are being built in the state’s borders and helped Arizona gain a ranking of No. 3 last year in the number of jobs in the solar energy industry. The industry employed 9,170 Arizonans in 2014. The only states with more employees were California, with 54,690, and Massachusetts, with 9,400. Arizona added 612 jobs in solar last year, a 7.2 percent growth rate.

Some of the solar power generated by Arizona’s solar farms is being used to power its bigger neighbor, California, some used within the state. Arizona’s renewable portfolio standard, which mandates utilities are required to acquire 15 percent of their electricity from renewable resources by 2025. Of that, 30 percent must come from distributed generation like on homes and businesses. As such the state and utilities in the state have programs that offer incentives for solar on people’s homes and businesses. These include net-metering and rebates through utilities and other incentives from the state and from municipalities. Such incentives include personal, property and sales tax credits.

Tax credits and rebates are available to property owners who upgrade or maintain renewable energy sources. One such program is Arizona’s Energy Equipment Property Tax Exemption, under which renewable electric generation, including solar thermal electric, photovoltaics, landfill gas, wind and biomass is not considered by the state to add. In addition, solar and wind-energy-generating equipment are exempted from sales tax.

Under Arizona’s net-metering rules homeowners and variety of other entities including businesses and municipal entities, among others, renewable energy installations up to 125 percent of their energy usage can qualify for net-metering. Under the rules, net excess generation can carry forward over a year period until it’s reimbursed to the person or entity at the utility’s avoided-cost rate.

Many utilities in Arizona offer rebates or payback programs to customers who install solar- or wind-power-generating equipment on their property. Depending on the rebate program, the utility may reimburse the system based on how many kilowatt hours the system is anticipated to produce over a 20-year lifespan. The utility will use those calculations to determine what the rebate for a system is. However, reimbursement funds are limited, so it is a good idea to check with both solar installers and local utilities to determine what current rebates are. Installers will also help home or business owners understand how much they can expect in incentives and rebates.

Arizona Solar Power Rebates

Arizona, with its strong Renewable Portfolio Standard (RPS), provided a solid foundation for solar panel rebate programs offered by all Arizona electric utilities.  An RPS set by the Arizona Corporate Commission and requires 15 percent renewable energy by 2025 among regulated utilities, 4.5 percent of which must come from distributed renewable energy sources. As of January 30, 2013[update], 19 projects, with a total nameplate capacity of 13.450 gW are actively seeking permission to build on federally owned BLM land in Arizona, and one, the 300 mW  Sonoran Solar Project has been approved.

Arizona’s solar panel rebates give many residents a sizable chunk of cash towards their solar panel installation price with varying caps based on the size of your system.

Arizona’s solar power incentives include

(Utility Company – Rebate amount – Cap)

  • APS – $100/kW – $50,000
  • Electric District #3 – $200/kW – $2,000
  • Mohave Electric Cooperative – 40% of total cost up to $25,000
  • SRO – $100/kW – $500
  • Sulphur Springs Valley EC – $250/kW – $2,500
  • TEP – $100/kW – 50% of install cost up to 30kW
  • Trico – $100/kW – 30% of install cost for less than 10kW systems

How do solar rebates work? Similar to getting a rebate card from your local big box store for a dishwasher purchase, state legislatures also provide rebates for solar panel purchases to spur on investment and create new jobs. If you purchase the solar panel system yourself, you qualify for this free cash, which is often a lump payment back to you. Some solar installers like to take this amount directly off the total installed price, and they’ll handle the paperwork for you to make things a lot less complex.

Arizona Solar Power Tax Credits– 25% capped at $1k

Every resident in Arizona who installs solar panels gets a State Tax Credit of 25 percent of the total system cost, up to $1000, to be used toward State income taxes. And Arizonans also benefit from the 30 percentFederal Solar Tax Credit as well. There’s no cap on the federal tax credit and you’ll deduct that after you subtract your rebate.

About state solar tax credits: State tax credits are not technically free money. However, they are ‘credits’ and not ‘deductions’ which means that if you have the tax appetite to take advantage of them, then they can be a 1-to-1 dollar amount off your taxes instead of a fraction of the cost of the system. So that means they can be an important factor to consider. In certain circumstances, state tax credits can provide a very powerful incentive for people to go solar.

Property Tax Exemption — 100%

Arizona homeowners with solar panels in Arizona get two other benefits from the state:

First, your solar purchase is exempt from higher property taxes due to the increased value of your home. Property tax exemption status is a pretty big factor when putting together your investment considerations. Many argue that solar power adds approximately 20 times your annual electricity bill savings if you own the system and are not leasing.

For many average-sized solar power systems on a house, that can mean $20,000 to your home value. An additional $20,000 in property tax basis in many states amounts to a big chunk of change owed back to the state. However, many states have complete exemptions from added taxes when you install solar on your home!

The second benefit is:

Sales Tax Exemption — 100%

Arizona allows you to be exempt from sales tax on your solar purchase!

Arizona Net Metering

After a long struggle, Arizona solar panels are finally governed by a net-metering standard policy, and that’s great.Net metering is the policy that lets you store your extra solar energy with the utility, and they then credit your bill at night when there is no sun.

Arizona is offering net metering with no limit on the number of customers who can get it. All they ask is that you don’t get more solar than 125 percent of your current electric needs.

Even better, for that extra 25 percent of power that your solar panels can generate in Arizona, the utility is going to pay you extra cash at the end of the year. The rate is going to vary and has to be approved by the Public Utility Commission.

That means if you go all the way and buy a system that takes care of 125 percent of your current electric needs, you’ll not only get free electricity, but some spending money on top.

Arizona Interconnection Rules — None.

Interconnection rules are a little technical, but they basically allow you to “plug in” to the electric grid with solar panels on your roof.

Arizona is a leader in solar generation

While California is the nation’s leader in the solar industry, Arizona is a robust second. According to the Solar Energy Industries Association, the leading states are:

  • California
  • Arizona
  • North Carolina
  • Massachusetts
  • New Jersey
  • Hawaii
  • Georgia
  • Texas
  • New York

Solar Financial Incentives in Glendale

For your Residential Solar Financing in Glendale, the SunLender programs can save you money while ensuring that the process is easy for you. In addition the money you can save with SunLender, Solar Power Systems installed in Glendale can save homeowners money through several other programs.

Federal Tax Credits and Accelerated Depreciation

A 30 percent federal tax credit is offered for the installation of both residential and corporate solar energy systems. The tax credit is applied to the net cost after other rebates or grants have reduced the initial system cost. The current federal tax credit program is available through 2016.

Residential Renewable Energy Tax Credit: Homeowners installing new solar PV and solar water heating systems are eligible for his 30 percent tax credit. Download IRS Form 5695.

Business Energy Investment Tax Credit: Businesses installing new solar PV and solar water heating systems are eligible for this 30 percent tax credit. Download IRS Form 3468.

Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation.

Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover renewable energy investments through depreciation deductions. For more information visit the US Department of Energy’s DSIRE website.

Federal ITC

The Federal Government provides tax credits for businesses that invest in renewable energy.

Residential Renewable Energy Tax Credit

The Federal Government provides tax credits for residential renewable energy

To take advantage of Residential Solar PV Systems for your home or your customers’ homes … SunLender makes sense …

SunLender programs include:

SunLender™ Residential Solar Financing

  • Lease – The SunLender Lease is a 20-year term operating lease with zero or 2.9% escalator for financing the purchase and installation of a solar power system for your home.  SunLender owns the system and provides a 20-year “worry-free” solar system that will save your family money.
  • Loan – The SunLender Loan is a term loan for financing the purchase and installation of a solar power system for your home with term of up to 15 years. Installing a solar power system is equivalent to pre-paying power, at less than what you currently pay. Once installed, a solar power system requires little or no maintenance and will provide electricity cleanly and quietly using the renewable energy of the sun.

SunLender Plus™

  • Energy Efficiency Financing – Our Installer partners can show you how to “reduce” your energy usage with energy efficiency products, before you decide to “produce” with a solar system – ensuring that you get the right size system for your home. Our Signature Loan program allows you to purchase and install energy efficiency products that reduce the overall amount of energy your home uses.  If you use less energy, you not only save money, but you also do not need to offset as much energy, and therefore you do not need as large of a solar system. The Signature Loan is a secured term loan for financing the purchase and installation of energy efficiency products for your home with a term up to 7 years.

SunLender Pro™ Commercial Solar Financing

Our finance foundation has been built on strong, seasoned and trusting relationships that have grown from our solid financing reputation. We have expanded our commercial financing program to address demand for commercial financing energy projects through our simplified, convenient step-by-step process that funds your light-scale commercial projects. The SunLender Pro Loan is a term loan for financing the purchase and installation of a solar power system for your business with a term up to 15 years.

Pro Power Construction Interim Job Financing

One of the biggest challenges for Installers is cash flow during the construction phase of a project. Ramco/SunLender solves all that with ProPower Construction. Interim milestone payments are available to Installers from the beginning of a project. Greater Installer cash flow allows faster Installer growth and deal flow.

Start the process today, for your own home or for your customers’ homes …

Contact Mike Thompson by email: mthompson@sunlender.com,
or phone: (855) 630-0869 ext. 104