Financing your SOMAH project
SOMAH program participants may choose from different financing options. One pathway is to purchase the solar system outright with a combination of participant’s own capital or by self-financing. A second pathway is financing the solar system through a third-party ownership model such a power purchase agreement (PPA) or solar lease. For both pathways additional incentives may be available through federal, state and local government agencies.
SOMAH technical assistance is available to help participants make informed decisions about the most viable financing pathway for their solar project, including leveraging available incentives and exploring financing solutions for energy efficiency improvements.