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Established in 2006
Serving Florida
Solar Leasing
Solar Leasing in Tampa, FL
All over the country, people are getting excited about commercial photovoltaic systems, and Tampa, FL is no exception. As a trusted local solar contractor, May Electric - Solar Division is eager to outfit the area’s businesses with this money-saving technology.
Energy That Pays You Back
One of the biggest boons of commercial photovoltaic systems is the return on your initial investment. You pay for May Electric - Solar Division to install, set up, and connect the commercial photovoltaic equipment. But commercial photovoltaic systems help you offset the power you get from the grid. Eventually, you could be generating so much solar power that you’re sending it back to the grid for a credit from the utility company.
Learn More
We encourage you to give May Electric - Solar Division a call so we can discuss the specific commercial photovoltaic systems that could be right for your business. Contact us today to schedule your consultation and learn more about the many ways your company can start to save.
The Program
Lease
Our program is designed to make businesses’ acquisition of solar affordable. It uses a traditional operating lease with attractive multiple ownership options, plus tax efficiency to provide companies with a low-cost path to ownership.
10-Year Investment Strategy For Commercial Solar PV
“Lease & Loan to Own solar PV” is a strategy involving a loan to finance the Lessee’s purchase at the end of the lease period. It enhances affordability by conserving cash and maintaining the same low monthly payments throughout a 10-year investment period on your solar energy system.
Availability
The program is available to qualified businesses in Florida for projects ranging in size from the low six figures to $5 million. Our program appeals to companies that cannot directly benefit from a federal tax credit, or simply want energy’s savings and offâbalance sheet accounting without the long-term commitment to a complex power purchase agreement.
Benefits
- Own a solar energy system after 6 or 7 years at a substantial discount from invoice price.
- No upâfront equipment cost.
- Lease payments subsidized by Lessor’s monetization of ITC and depreciation.
- No escalation of lease payments, providing a hedge against energy price inflation.
- Cash flow improved by matching low payments with energy savings.
- Utility rebate and government incentive payments for Lessee.
- Renewable Energy Certificates (RECs), FIT, and PBI, where available, for Lessee.
- No complex accounting and tax records to set up and maintain.
- No construction period financing costs if advance lease commencement is chosen.
- Fixed monthly payments: No payment escalation and 100%% tax deductible.
- EBO option. Early Buy Out options available.
Leasing a solar energy system is a strategy to ownership, without the large upfront purchase cost.
Call us for details and a free onsite energy assessment.
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