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 alternative 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.
