Commercial Solar Financing Options That Make Sense

If you're a business owner in Columbus thinking about going solar, you're likely wondering: How much is this going to cost me upfront? The good news? There are smart, flexible financing paths that make commercial solar affordable — even profitable — without large upfront investment.

At BC Solar, we focus on solutions that work for your business, not generic packages.

Three Solid Ways to Finance Commercial Solar in Ohio

1. Cash Purchase

This is the most straightforward option — and often the highest ROI over time.

Good fit for:

• Businesses with capital reserves

• Owners looking to maximize long-term tax benefits

Pros:

• No interest or third-party ownership

• Immediate eligibility for the federal solar tax credit (currently 30%)

• Access to accelerated depreciation (MACRS) — a major savings tool

Note: A well-structured commercial solar system can pay for itself in 3–6 years through savings and incentives.

2. Solar Loan

Loans let you spread the cost over time — while keeping ownership and tax benefits.

Good fit for:

• Growing businesses balancing cash flow

• Those looking to use low-interest lending options

Pros:

• Ownership = you get the full tax benefits

• Predictable monthly payments

• May still be cash-flow positive from year one

We’ve seen: Local banks and credit unions in Ohio offer competitive clean energy loans that align with commercial project cycles.

3. Power Purchase Agreement (PPA) or Lease

No upfront costs. A third-party owns the system, you just pay for the power it produces.

Good fit for:

• Nonprofits or businesses without tax liability

• Tenants who want lower rates without the hassle of ownership

Pros:

• Often zero out-of-pocket

• Locked-in energy rates below utility costs

• The solar company handles maintenance

Caution: You won’t get tax benefits. Make sure the terms make financial sense over 15–25 years.

Peak Demand Charges? Batteries Can Help Cut Costs

Many Columbus businesses are hit with “demand charges” based on their highest power usage spikes. These spikes can make up to 70% of the bill.

With or without solar, BC Solar can install commercial batteries to shave those peaks and lower your bill — dramatically.

Real-World Example

One Columbus client, a small manufacturing facility, added a solar + battery system through a solar loan. With tax credits, depreciation, and energy savings, they saw a 23% internal rate of return (IRR) over 10 years — with no disruption to operations.

FAQs

How much does a commercial solar system cost in Columbus?

Most systems range from $100,000 to $1 million+, depending on size and energy usage. The federal tax credit and depreciation typically cover over 50% of the net cost.

Can I still get the solar tax credit if I finance with a loan?

Yes — as long as you own the system, you qualify for the 30% federal tax credit and MACRS depreciation.

What’s the payback period?

For many commercial systems in Ohio, the breakeven point is 4–7 years. After that, it’s pure savings.

What size system does my business need?

It depends on your usage and goals. We provide a free, honest analysis — no sales fluff.

Want a no-pressure assessment of what solar financing could look like for your business?

Call Brian at BC Solar today: (614) 442-9700.

We’ll walk you through real numbers — no gimmicks, just honest answers.