Commercial Solar Loans
A common misconception about commercial solar systems is that they require a significant upfront investment. However, with the right financing options, businesses can install solar power systems without initial costs, often creating a cash flow-positive outcome from the beginning. Select Electrical helps businesses in Canberra and NSW explore flexible solar financing solutions to reduce energy costs, achieve sustainability goals and maintain financial stability in today’s economy.
How Commercial Solar Loans Work
Commercial solar loans provide businesses with accessible options to adopt renewable energy while maintaining cash flow.
Here are some common financing options and how they work:

Energy-Efficiency Loans
Energy-efficiency loans provide discounted interest rates for clean-energy investments.
- Offers can be up to a 0.70% discount on headline rates.
- Allow businesses to own their solar systems and conserve working capital.
- Require a minimum of two years of trading history.
Pros: System ownership GST claims, and flexible repayment options.
Cons: Payments are not tax deductible, and loans appear on the balance sheet.

Power Purchase Agreements (PPAs)
Power Purchase Agreements allow businesses to avoid upfront costs by partnering with a third-party provider that owns the system and sells the energy generated at a lower-than-grid rate.
Pros: No initial expense, immediate energy savings, and maintenance covered by the provider.
Cons: No ownership during the contract term and long-term agreements may not suit all businesses.

Operating Lease / Rent-to-Own Solar
Operating leases provide fixed monthly repayments and allow businesses to deduct payments as operating expenses. At the end of the lease term, businesses can choose to purchase or return the system.
Pros: Tax-deductible repayments and flexible end-of-lease options.
Cons: A careful financial evaluation is required to determine long-term benefits.
Flexible Financing Options We Assist With
Select Electrical offers a range of financing solutions to make commercial solar accessible to businesses of all sizes.

The ACT Government Interest-Free Loan
- Part of the Sustainable Household Scheme, this program offers interest-free loans to eligible ACT homeowners and businesses for energy-efficient upgrades, including solar panels and battery systems. It supports residents in making sustainable improvements, reducing energy consumption, and lowering carbon emissions.
Example: Solar for Apartments Program (ACT)
This program provides up to $100,000 in funding for owners corporations to install rooftop solar systems. Half of the funds are provided as a grant, while the remaining 50% is issued as a zero-interest loan, repayable over time. Owners corporations must apply to access this financial support, making renewable energy more accessible for eligible apartment complexes.

STCs (Small-scale Technology Certificates)
The Australian Government’s Small-scale Renewable Energy Scheme (SRES) provides financial incentives for renewable energy systems like solar panels. STCs represent the system’s energy generation potential and can reduce the upfront cost of installation.

Brighte Green Loan
Designed to assist businesses in financing sustainable energy projects, the Brighte Green Loan offers an affordable and flexible way to fund installations of solar panels, battery systems and energy-efficient upgrades. This option ensures businesses can embrace renewable energy without financial strain.
Frequently Asked Questions
What are commercial solar loans?
They’re financing options tailored for businesses to fund solar system installations, spreading the cost over time with favourable terms that boost your cash flow right away.
Are different solar financing options available?
Absolutely. You’ve got solar leases, power purchase agreements (PPAs), and direct loans to choose from. Each comes with its perks depending on your business needs and financial aims. We’re here to help you sift through these options to find your best fit.
What does getting a commercial solar loan entail?
It generally includes an initial consultation, application, financier approval, agreement signing, and system installation. We smooth out this journey to be as efficient as possible.
How long does it take to install a solar system once financing is approved?
Installation duration can vary based on your system’s size and site complexity but generally takes 4 to 8 weeks post-approval. Our team strives to keep your business running without hitches during this phase.
Picture a financing solution that aligns with your business’s goals—that’s the Select Electrical promise. Our commercial solar loan options are designed to make renewable energy accessible and financially viable, helping you lower costs and embrace sustainability. Ready to explore your solar financing journey? Let’s turn possibilities into reality.