With the new year, comes new solar incentives from NYSERDA.

While rebates are expected to improve, it’s unclear by how much.

174 Power Global is taking the uncertainty off your shoulders and placing it on ours, by offering our commercial solar Rebate Lock guaranteed minimum. In many cases, our guarantee is equal to nearly half the price of a commercial solar installation, giving you the opportunity save thousands of dollars on your investment.

Flexible financing options

174 Power Global offers a variety of methods to generate and store solar energy for our commercial partners. All of these options offer stabilized energy rates and a natural hedge against fluctuating wholesale energy prices.

Power Purchase Agreement (PPA)
Ownership
Operating Lease
Description
Description PPA clients enter into a 20 year agreement to purchase the energy generated by a specific solar generation or storage facility. This option allows business to go solar with no capital outlay or responsibility for maintenance of the equipment over the system’s lifespan.
Description There are multiple benefits to owning the system that generates and stores the power for our clients’ facilities, specifically tax credits and accelerated depreciation.
Description This option offers the best of both worlds, giving clients the opportunity to lease a solar generation or storage facility for their place of business with no money down. Following the typical 7-10 year lease, ownership of the facility is then transferred to the lessor.
Maintenance
Maintenance
  • No maintenance
Maintenance
  • Maintenance plans available
Maintenance
  • Shared responsibility
Term Length
Term Length
  • 20 Years
Term Length
  • 25+ years
Term Length
  • 7-10 years; ownership
ROI & Savings
ROI & Savings
  • Stabilized energy costs
  • No money down
  • Turn a variable expense into a fixed expense
ROI & Savings
  • Stabilized energy costs
  • Federal income tax credit (ITC)
  • 5-year (MACRS) accelerated depreciation
  • Local rebates
ROI & Savings
  • Stabilized energy costs
  • No money down
  • Tax credit and depreciation monetization

Disclaimer

The rebate amount guarantee from 174 Power Global Northeast is $1.00 per watt DC and may only be applied toward projects one megawatt DC or smaller.  The rebate applies toward cash purchases.  A contract must be executed and signed on or before 11:59PM EST, Feb. 28th, 2022, and proof of 10% deposit must be provided to 174 Power Global Northeast.  In the event the rebate announcement from NYSERDA is less than $1.00 per watt DC, the customer may cancel the contract and will be entitled to a full refund of the deposit, minus any actual costs incurred by 174 Power Global Northeast, such as permitting or interconnection fees.  In the event the customer choses to cancel, he/she shall receive permits and/or interconnections obtained by 174 Power Global Northeast. If the customer choses to not cancel, he/she shall be entitled to the revised rebate amount as set forth by NYSERDA.  174 Power Global Northeast makes no guarantee of energy or actual cost savings as part of this promotion.  174 Power Global Northeast reserves the right to cancel this promotion at any time without notice.