Business solar
Commercial Solar Financing
Commercial solar financing is easy to understand when looking at investing in solar energy. Cash, PPA's, loans and more are offered by Omega Solar.
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You know that you want to invest in an energy solution that benefits your business
The real difficulty can be which is the best commercial solar financing option for you to get the most out of your investment without it bogging down your expenses and liability column
Omega Solar+Batteries offers a range of commercial solar financing solutions, meaning you’ll be able to invest in renewable energy in a way that best suits you
Our offered solutions and pros/cons are shown below
Paying Cash In most cases, paying cash may seem like the most convenient payment method when purchasing a new solar system
This may not be the most appropriate payment if you are a tax-paying entity, however
This is due to a solar system not being a rapidly depreciating asset, as they have a standard life of 20-30 years
Pros Full ownership of the system from the beginning of its lifetime
No further payments or interest required after purchase
No need for a third-party financer to be involved, making it easy to understand
You can claim the GST on purchase in following business activity statement
As per ATO guidelines – tax depreciation of 5% per annum for 20yrs
Cons Large capital expenditure may impact the liquidity of your business
Trade-off between having access to a cash reserve or promised future savings
Improved profitability thanks to energy bill savings may lead to higher overall tax liability
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