IMPORTANT ANNOUNCEMENT:
The upfront approx 30-40% federal subsidy for solar power is under imminent threat. To protect your subsidy use your Solar Choice Quote Comparison to immediately generate an online contract with your preferred installer, any time of the day or night including weekends. Why?
On Thurs, 28 Aug 2014 the federal govt released long-awaited recommendations from the Renewable Energy Target (RET) Review that will either abolish the upfront federal subsidy for solar energy, or severely slash it, for systems up to 100kW.
An announcement from the Govt as to which option it will choose is imminent. Contracts entered into prior to any announcement will protect your subsidy.
How can I generate an online contract immediately to protect the subsidy?
1. Simply complete the green form on this page to obtain your impartial Quote Comparison of leading installers covering your area.
2. Select three installers that best suit your needs and budget to reveal their names and logos, then select your prefered installer by clicking "View and Accept Quote".
3. Follow instructions on deposit payment options, following which you will be emailed a PDF of your Accepted Quote (as will your selected installer who'll contact you, and Solar Choice).
Your subsidy will then very likely be protected under transitional provisions recommended by the RET Review.
(In addition to the one detailed below, Solar Choice is now offering a 2nd Commercial Solar Financing Package.)
Solar Choice Commercial offers a unique finance package to provide ultra-competitive stimulus for the Australian commercial PV market.
The Package is available for the Australian solar PV industry at large, both for projects sourced directly by installers and manufactures as well as large scale PV tenders under the management of Solar Choice Commercial.
1. An operational lease allows for use of the equipment without capital expenditure on a term rental arrangement. This form of lease has been in common commercial use for decades, and is well known to and accepted by the ATO. Several commercial 100kW installations managed by Solar Choice Commercial have already been settled and installed with the package, including Blacktown RSL in Sydney.
2. For projects sourced directly by PV retailers or manufacturers, confidentiality is assured to allow the financier to vet the credentials of the client without Solar Choice or rival installers potentially being informed of the client’s details.
3. Commercial Asset Finance Group Australease (CAFGA) has 30yrs experience in financing Australian business. CAFGA and Solar Choice Pty Ltd have entered into an exclusive arrangement for the dissemination of this package to stimulate substantial uptake of commercial PV in Australia.
4. There is no upper limit on amount of finance available to qualifying applicants. The minimum amount is $50,000.
1. No capital expenditure is required for the installation to be completed.
2. Allows instant parity with commercial electricity tariffs.
3. As the rentals may be tax deductible there can be major advantages over a cash purchase aside from the obvious conservation of working capital.
4. Rental amounts are typically paid monthly over a 5 year period to qualifying applicants.
5. Long term arrangements can be discussed during the finance application process.
1. For clients sourced directly by the installer, an application is made directly and confidentially to CAFGA setting out details of the customer and related solar PV project, the components and warranties. CAFGA will vet the installer and client’s financial eligibility. CAFGA’s energy finance broker, Graham Harris, is available to help confidentially educate installers and their clients on the details of the Package.
2. Solar Choice Commercial, in its exclusive advisory role for CAFGA, then makes representations to CAFGA regarding the bankability of the proposed solar modules and inverters, plus all relevant warranties (manufacturing, performance and workmanship) without knowledge of client or project details.
3. Upon approval by Solar Choice Commercial, the installer invoices CAFGA directly, and the system is paid for in full upon the client signing a Notice of Completion.
Angus Gemmell, Managing Director, angus@solarchoice.net.au
Rob Burnett, Commercial Project Developer, rob@solarchoice.net.au
Telephone (only for projects valued at $100,000 or greater):
Angus Gemmell: 0404 802 372
Rob Burnett: 0410 154 410
Commercial Solar Power
Commercial solar power project tender management overview
Solar Choice commercial solar power tender management procedure
Commercial solar power projects and solar farms
Utility-scale solar farms: Benefits to landowners
Solar Choice commercial solar power financing package

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