Empowered Energy Solutions Project Financing Options

Our goal is to find the ideal financing package for your project Empowered Energy Solutions offers complete project financing packages to match your project needs and financial goals. In many cases there will be no up-front project costs, and in some cases renewable energy can be a revenue generator.

SDGE On-Bill Financing (San Diego County)

San Diego Gas and Electric has initiated a loan program for commercial building owners to finance energy efficiency upgrades (including solar) through payment of their monthly utilities bill. The Loan limit is $100k per meter, with a loan term of 5 years with a 0% interest rate.

Power Purchase Agreement - PPA (Commercial buildings)

A PPA is a energy lease program in which Solar Panels are owned by a third party and power is sold under contract at fixed rate to the building owner. Excess energy produced can be sold at retail values or discounted retail values to utility companies in regions with Feed-in Tariff legislation.

HELOC

Conventional home equity or commercial equity line. Owner must apply for line with financial institution and line limit is based on equity in the property. Standard interest rates apply and range from 5-15% depending on the customer's credit score and net worth. Loan is secured by property equity and/or personal assets. Line term ranges from 15-30 years

Bank Line of Credit

Conventional bank line of credit in which the line is secured by property equity, company and/or personal assets. Owner must apply for line with financial institution and line limit is based on the value of collateral. Standard interest rates apply and range from 5-15% depending on the customers credit score and net worth. Loan term ranges from 5-30 years

Conventional Bank Loan/Refinance

Conventional loan in which the loan is secured by property equity, company and/or personal assets. Owner must apply for loan with financial institution and loan value is based on the value of collateral. Standard interest rates apply and range from 5-15% depending on the customer's credit score and net worth. Loan term ranges from 5-30 years

Private Equity

Projects can be financed through a private equity fund that offers a loan at a fixed rate. Can be in the form of a conventional loan, re-finance, equipment lease or PPA.

Tax Lease

In a Tax Lease agreement, the financing company leases the equipment to the building owner over a given term (usually 7-15 years) and the equipment is used as collateral. At the end of the term, the building owner has a buyout option to purchase the equipment either at a percentage of the original price or at fair market value.

Edison-Wright

A private corporation that works with local governments to establish funding programs enabling building or home owners to borrow money for energy efficiency improvements to their property with a low interest rate tied to property tax payments. Empowered Energy Solutions has developed a relationship with Edison-Wright to facilitate project finance in regions in which Edison-Wright is active.