Solar panel prices have dropped 70% in the last several years and tax credits and incentives can recoup 53% within year one. But, as juicy as that sounds, the remaining capital expense is sometimes still too much.
We needed to solve the capital expense problem for some of our clients, in order to unlock even more accumulating surplus cashflow from solar power generation. So, we put our heads, resources and best financing partners together and created something that almost any company can realistically consider and exploit.
Introducing the re:NEW Lease. It's innovative, -free*, and it's going to make it easier for your facilities and operations to achieve free renewable energy ownership, as well as generate positive cash flow.
With re:NEW Lease, you can now easily and profitably transition into the renewable and sustainable energy that more and more procurers are demanding. The mandates are coming in and soon companies that are not taking leadership in sustainability will be handicapped and unable to switch after the tax credits and incentives end.
Soon, the federal tax incentives will be be decreased and then eliminated altogether. Businesses that don't put solar energy on their planning and procurement agenda within the next year will be subject to the utility monopolies, rate increases and energy price increases, while more pro-active competitors will operate with the energy autonomy and significant advantage over companies that are late to the game.
Now, with re:New Lease, the barrier between energy dependent operations and huge cashflow surplus has been broken. CAPEX is no longer an excuse for complacency. Being proactive now about your energy and operations could be one of the most important things your company can do to assure a profitable future.
Note: Examples are based on U.S. Average Industrial Electricity Rates.
Note: Examples are based on U.S. Average Industrial Electricity Rates.