Solar installations enhance property value and appeal to sustainability-conscious tenants and customers.
Investing in a commercial solar system can significantly reduce energy costs and enhance sustainability, but choosing the right financial approach is key. Businesses can either purchase a system outright for maximum long-term savings and tax benefits or opt for flexible financing solutions like Power Purchase Agreements (PPA), leases, or loans to minimize upfront costs.
Each option has its own advantages, depending on your organization's financial strategy, energy goals, and budget. Whether you prefer full ownership or a no-investment alternative, there’s a solar financing solution that fits your needs.
Explore your options and start saving with solar today!
Installing a commercial solar system on a commercial property can reduce operating costs and increase corporate sustainability. Below are common industry examples for Core Development Group’s commercial solar installations:
Schools
Offices
Strip Malls & Retail Stores
Commercial Buildings
Health Care
Hotels
Warehouses
New York businesses and residents can benefit from commercial solar systems and Community Distributed Generation (CDG), also known as community solar.
New York Remote Crediting is a new form of sharing distributed generation bill credits from generator-host accounts to satellite accounts. Under remote crediting, a solar generator host can specify that credits be allocated to up to ten (10) satellite customers. One of these customers must be the host itself (if the host wants credits applied to its bill); the remaining nine (9) customers can be unrelated to the host and may have multiple accounts for each satellite customer.
Landowners and businesses can work with Core Development Group to build remote crediting solar farms (host) across New York State, creating an opportunity for more New Yorkers to gain the benefits of solar. Businesses, not-for-profit organizations, municipal government agencies, and schools, can subscribe (as satellites) to the remote crediting solar farm (host) and save money. Remote crediting is a mechanism that allows customers to receive credits on their electric utility bill from solar, not on their roof or property. Remote crediting is an easy way for electric customers to help green the grid and save money at the same time.
Benefit from commercial solar system Engineering, Procurement and Construction (EPC) experience including the most competitive pricing options in the market without compromising quality or efficiency or project timelines. A variety of flexible financial options are available for NY-based commercial solar systems, including Power Purchase Agreements (PPA).
A power-purchase agreement is unlike outright ownership, as organizations (businesses, municipalities, educational institutions) play host to a solar array owned and operated by someone else. The organization then purchases the electricity from the array under a long-term agreement.
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