Cardinal Solar Capital takes care of financing the whole installation - we find the investors, and work with them to provide a market-competitive financial return, while allowing us to keep the electricity rates on the PPA at or below the rates charged by the public power utilities.
Cardinal Solar Capital's pricing is dependent on both certain federal and state programs that encourage solar energy installations - federal ITC (investment tax credit) and accelerated depreciation allowances, as well as various state or local incentive (rebate) programs. These programs are limited in time frames and are subject to change, so please contact us for more specific details.

Fetzer Vineyards in Hopland took a different financing route when it installed 4,000 solar panels in the summer of 2006, enough to produce 1.1 million kilowatts of electricity per year and handle 80 percent of the winery's electricity needs for its bottling plant. Fetzer financed its project through a power purchase agreement.
"Our research shows that for the length of the contract the financing charges will remain below the cost of [PG&E] by about 10 percent," Facilities Manager Susanne Zechiel said. I "feel confident that the price will remain below the market rate for electricity for the life of the contract."

North Bay Business Journal - 2/12/07

 

 

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