Here s the general process for using pace financing to.
Commercial solar panel solar bonds securities offerings.
And we charge no investment fees when you invest direct so you keep what you earn.
The investors are compensated by an interest rate applied to the amount of their purchase payable by the issuer.
Take advantage of solar policies and incentives related to commercial photovoltaic solar systems and help reduce your utility costs.
Solarcity the popular solar leasing company is offering solar bonds for sale with returns of up to 5 75 and a low minimum investment.
By purchasing bonds and the rights to the cash flows on the underlying debt investors are in essence lending money to the issuer.
How does pace financing work.
Our financing specialists have established relationships with respected developers and panel manufacturers and can tailor a financing plan for photovoltaic pv solar systems for your business.
Open to everyone you don t have to be a big investor to get paid by the sun.
Bond finance has been used in the marketplace to finance solar projects.
Solar bonds are corporate notes issued by solarcity with earnings that are powered by the sun.
Pace financing is a special type of financing that is available in areas where the local government has allocated funds.
Property owners who aren t able to or interested in buying solar panels in cash can finance their solar energy system with a solar loan or a solar lease or power purchase agreement.
By investing in solar bonds you re helping solarcity harness clean abundant solar power.
Solar bonds make it easy for anyone including renters and lower income folks to take advantage of the investment potential of solar power.
Open to everyone previously solar investing was reserved almost entirely for large institutions.
Or at least that s what solarcity says.
Securitizing solar system payments is a lot like securitizing mortgages something the banking industry has done with great success said the motley fool s travis hoium.