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.
Commercial solar panel solar bonds securities offerings.
By investing in solar bonds you re helping solarcity harness clean abundant solar power.
Securities or bonds allow for the company offering the investment more of an opportunity to set the rate of return.
And we charge no investment fees when you invest direct so you keep what you earn.
Solar bonds are corporate notes issued by solarcity with earnings that are powered by the sun.
Open to everyone you don t have to be a big investor to get paid by the sun.
Take advantage of solar policies and incentives related to commercial photovoltaic solar systems and help reduce your utility costs.
Or at least that s what solarcity says.
Bond finance has been used in the marketplace to finance solar projects.
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.
The investors are compensated by an interest rate applied to the amount of their purchase payable by the issuer.
Solar bonds make it easy for anyone including renters and lower income folks to take advantage of the investment potential of solar power.
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 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.
Here s the general process for using pace financing to.
Pace financing is a special type of financing that is available in areas where the local government has allocated funds.
Solar bonds are designed to offer interest rates higher than typical savings accounts cds money market funds and other comparable investments.