Purchase Solar Upfront
Own Your Solar System From The Start.
If you have the cash to purchase your new solar PV system upfront/outright, the return on investment begins the day the system is commissioned.
Key Benefits of upfront payment
Buying the system upfront gives you the benefit of an investment or asset you have full control over. Purchasing a system and having it installed prior to 31 December 2020 may allow you to claim 100% tax offset. If you have your system installed post 31 December 2020, you may be able to claim a 50% tax offset. You also have the convenience of not having to worry about making repayments and, if you sell your commercial building, you can sell the solar system with it. Any other benefits?
How does it work?
Cherry will provide you with a feasibility study or proposal and, once accepted, you will be required to pay a 50% deposit. Once the solar PV system is installed, the final 50% balance will be required to be paid.