Sunwest Bank is your full service renewable energy financier for commercial buildings across the U.S. with offices in California, Arizona, Idaho, Utah, and Florida. We are dedicated to making renewable energy more accessible to building owners, and to maximize our client’s return on investment while minimizing their carbon footprint.
Commercial solar loans allow building owners to take advantage of tax credits and depreciation. Solar loans deliver lower energy costs and increased Net Operating Income. Capital for the solar system and installation is borrowed from a lender and paid back over time with interest, which provides the borrower with several benefits.
A solar lease allows building owners to lower energy costs and increase net operating income without the need for immediate ownership. It also allows a building owner to obtain ownership at the end of the lease term. The lessor maintains the system over the duration of the contract and charges a fixed fee to the building owner every month for using the system.
Commercial solar PPAs (power purchase agreements) allow building owners to pay for only the power they need. Similar to solar leasing, Sunwest Bank hires a vetted solar installation company to install and maintain the system. In a PPA, however, the building owner pays for the energy generated by the solar system to reduce their overall energy costs and increase net operating income.
Subject to Sunwest Bank’s Standard Approval and Underwriting Guidelines