833.782.2489 Book Assessment

Choose the financing option that’s right for you.

Solar financing can be complicated, but NewGen simplifies the process. We help you understand your financing options, including tax and other incentives.

Cash Purchase

  • System owned by you
  • One-time cost
  • Maximum tax benefits
  • Accelerated depreciation
  • Low-interest financing available

Lease

  • System owned by you
  • Low or no upfront cost
  • Fixed lease payments
  • Variable tax benefits depending on provider

Power Purchase Agreement

  • System owned by third party
  • Fixed rate for energy for 20-25 years
  • Options to purchase system at year six

Agriculture Financing

  • Special incentives for agriculture
  • USDA grants for renewable energy
  • Farm Bureau/AG Credit available

Public Financing

  • Available to public agencies, water districts, schools and other public entities
  • Government-subsidized loans
  • Tax-exempt leases
  • RES-BCT financing for projects up to 5MW

Let’s talk about the financing option that’s right for you.