MULTIPLE FUNDING OPTIONS

"Avoid Spending Valuable Capital. Save cash and let the energy savings pay for the
energy conservation measures over time".

PACE Funding
Property Assessed Clean Energy

PACE is a simple and effective way to finance energy efficiency and renewable energy building improvements. PACE can pay for qualifying improvements for almost any type of property including commercial, retail, industrial, nonprofit, and multi-family.

Property owners across the United States are using PACE because it saves them money and makes their buildings more valuable. PACE provides financing for 100% of an energy project’s cost and is repaid for up to 25 years with a voluntary special assessment added to the property’s tax bill.

HIGHLIGHTS

  • Up to 25-year term
  • Low-interest rates (2%-5%)
  • $0 up-front costs
  • No personal guarantees
  • Owner retains tax incentives
  • Off-balance sheet
  • Lease pass-through

HOW IT WORKS

  • Paid through your property tax bill
  • Total project costs are handled similarly to a tax assessment of your property.
  • Soft costs, including administration and other fees can be added to the total amount financed.
  • An agreement to buy power is contingent. The PPA power purchase agreement usually matches the term of the funding agreement.

Financially, 97% of PACE energy efficiency projects are cash-flow positive.....

Constellation Energy
Efficiency Made Easy (EME)
On-Bill Funding

Constellation's Efficiency Made Easy "EME" program is the nation's No. 1 "fast and simplified" funding program for energy efficiency projects. Constellation's EME program provides flexible terms and minimal restrictions on what type of projects qualify. There is no limit on the amount of financing, and projects under $250,000 usually are approved in one week, requiring zero financials. Constellation's only requirement is that you enter into a PPA power purchase agreement to purchase electric or gas for a period equal to the financing term. In almost every case, the electric supply rate Constellation offers will be less than your current rate.

Rich Energy Solutions is Constellation's #1 EME channel partner in the US, with over 1000 customers saving significant operation and maintenance costs on a daily basis.

HIGHLIGHTS

  • Up to 7-year term
  • Low-interest rates
  • $0 up-front costs
  • No personal guarantees
  • No UCC Filing
  • Owner retains tax incentives
  • Off-balance sheet

HOW IT WORKS

  • Paid through your electric or gas utility bill.
  • Soft costs including administration and other fees can be added to the total amount financed.

Leasing & Conventional Lending

Rich Energy Solutions includes an array of financial institutions and private money lenders to provide strategically sound solutions for project funding. For many owners, traditional lending may be the best option. Rich Energy provides custom financial solutions specific to each project, type of property, use, with a keen understanding of the owner's intent for long or short-term plans for the property. Leasing and conventional lending does not limit funding to energy-reduction specific projects. This flexibility provides an unlimited funding source for energy efficiency and capital expenditure projects of any size and scope.

HIGHLIGHTS

  • Flexible term limits up to 30-years, fixed monthly payment
  • Credit-line, adjustable-rate, interest-only options are available.
  • Interest is tax-deductible
  • Low interest rates
  • Favorable pre-payment options

HOW IT WORKS

  • Rich Energy will submit your project, cost, and scope to multiple funding outlets and present to you the best options.
  • Similar to a traditional loan or mortgage, leasing and conventional loans will require collateral and historical financial information.
  • In some cases, corporate and personal guarantees will be required.