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Title: To Own or Lease Solar: Understanding Commercial Retailers' Decisions to Use Alternative Financing Models

Technical Report ·
DOI:https://doi.org/10.2172/1167054· OSTI ID:1167054
 [1];  [1]
  1. National Renewable Energy Lab. (NREL), Golden, CO (United States)

This report examines the tradeoffs among financing methods for businesses installing onsite photovoltaics (PV). We present case studies of PV financing strategies used by two large commercial retailers that have deployed substantial U.S. PV capacity: IKEA, which owns its PV, and Staples, which purchases power generated from onsite PV systems through power purchase agreements (PPAs). We also analyze the financial considerations that influence any company's choice of PV financing strategy. Our goal in this report is to clarify the financial and institutional costs and benefits of financing strategies and to inform other companies that are considering launching or expanding similar PV programs.

Research Organization:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Organization:
USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Solar Energy Technologies Office
DOE Contract Number:
AC36-08GO28308
OSTI ID:
1167054
Report Number(s):
NREL/TP-6A20-63216
Country of Publication:
United States
Language:
English