1. Purchase vs. Lease Proposal
Global Mission Church
Purchase vs. Lease Proposal

2. Why Solar ? Cost of electricity increases each year
Cost of going solar is affordable
Helps the environment
Lasts 50 years or more
Utility companies pay a bounty for solar
The real question is: Why Not?

3. Lease vs. Purchase Lease payments may start lower
Lease: leasing entity is the Owner
Rebates go to: the System Owner
CSI varies from $0 to $0.40/watt
PBI varies from $0 to $2.00/watt
Fed Tax Credit: 30% of net system price
Incentives go to: the System Owner

4. Lease vs. Purchase Current interest rates favor purchase
Purchase: purchaser is owner
Rebates go to: the System Owner
CSI varies from $0 to $0.40/watt
PBI varies from $0 to $2.00/watt
Fed Tax Credit: 30% of net system price
Incentives go to: the System Owner

5. Lease Example Lease competitor Payment starts low and increases
Estimates $0.151/kWh for solar
Estimates 86KW system
Covers only 73% of use
Unknown panels
String/central inverter
25 year total savings $409K

6. Purchase Example Purchase Proposal Low monthly; fixed payment
$0.165/kWh for solar
70KW system
Covers 85% of use!
W panels with 25 year warranty
280 Enphase micro-inverters with 25 year warranty
25 year total cost/savings $626K
First five year savings: $100,587
Loan is assumable in the event of sale
Immediate property value increase by total cost of system
Most recent study published in the New York Times

7. Summary Comparison Lease More expensive 86 kWh = 73% ???
$2,907 first year savings
5-Year Savings $23K
25-year Savings $409K
Purchase – Sun Smart
Less Expensive
70 kwh = 85% !!!
$17,972 first year savings plus PBI! ($15K)
5-Year savings $100K
25-Year Savings $626K

8. THE WINNER!
PURCHASE CLEARLY WINS