Balance Solar partners with solar installers to finance solar projects. We are backed by a team of investors and individuals with extensive experience in the field. We provide financing options so our customers pay no capital upfront for the installation and save money on their electric bills.
Our unique model allows us to offer 7-15 year Power Purchase Agreements (PPA) and solar leases at low rates. At the end of the contract, ownership of the system transfers directly to our clients for no additional cost.
We work with residential, commercial, and municipal property owners. Balance Solar is an Approved Vendor under the Illinois Solar For All program, with goals to provide renewable energy to entire communities at less than 50% of what they are currently paying.
You pay nothing for your solar panel system.
You lock in a utility rate for the next 10-12 years, meaning no increase in your electricity bill.
When the contract expires, the system reverts to you.
INCREASE PROPERTY VALUES
Solar energy offers commercial real estate property owners and managers a phenomenal opportunity to either lower operating expenses or increase rent (i.e. cash flow).
DEMONSTRATE CORPORATE SOCIAL RESPONSIBILITY (CSR)
As Millennials have become a driving force in the marketplace, corporate social responsibility has become the expectation. Using solar panels for your energy will not only save you money, but will improve your reputation as well.
Solar panels allow your business to use less energy from the grid, meaning you’ll be less dependent upon external power lines and transmitters.
MEET STATE AND LOCAL REQUIREMENTS
State and local governments are creating renewable energy plans for their communities. Chicago, for example, has pledged to be 100 percent reliant on renewable energy by 2040, which will require meaningful participation from local organizations.
SAVE THE PLANET
By adding solar panels to your roof, you can actively reduce the amount of energy that’s produced from fossil fuels. That means less carbon dioxide in the atmosphere, and a slower degradation of the planet. Climate change is an economic issue, and by fighting it, you’ll save more in the long run.
We work with residential, commercial, and municipal property owners. Ownership is preferrable, but not strictly necessary.
PERIOD OF OCCUPATION
Minimum of 12 years is recommended, after which, ownership is transferred to the client.
CONDITION OF THE ROOF
We target clients with roof space in healthy condition. Newer roofs are preferred, with an estimated lifespan of at least 12 years remaining.
To determine how much you can save with a solar panel system, we need to know the price you pay for power, your average electricity consumption, and the estimated size of your roof.
Balance Solar’s purpose is threefold: to provide renewable energy affordably, to create business on the foundation of trust, and to benefit all parties involved - especially the Earth.
In the future, we hope to work with state and local governments to make a significant impact in the global transition to renewable energy.
We believe in the power of the Sun, and marvel at our ability to harness it. We live for growth and the creation of life. We fight to restore balance in the world, and create a sustainable future for generations to come.
Balance Solar is backed by a team of investors and individuals with collective experience in the field.
We live to make solar power affordable for everyone. We strive to reduce our dependence on fossil fuels. We dream of providing enough clean energy to power the planet, and to restore balance to the natural world.
We are committed to providing our customers with trust, transparency, with a simple installation and engineering process. We aim to bring solar energy to everybody and anybody who will take it, for a lower cost than an average monthly electric bill.
WHAT IS A POWER PURCHASE AGREEMENT (PPA)?
A PPA is an agreement to purchase the power that a system generates. Our unique PPA’s last 10-12 years. After the PPA term, you obtain sole ownership for no extra cost.
HOW IS A SOLAR LEASE DIFFERENT FROM A PPA?
System electricity production determines monthly payments for PPAs, while solar leases use fixed monthly payments.
WHAT HAPPENS IF A SYSTEM IS DAMAGED?
The solar panel system is fully covered by insurance. The panels themselves have a warranty if any of them stop producing, have defects, or get damaged.
WHAT DOES THE INSTALLATION PROCESS LOOK LIKE?
If there is interest after early production estimates, we will have an engineer visit the property for inspection, design, and study process of the system.
HOW LONG WILL THE SYSTEM LAST?
The system is expected to produce electricity for at least 30 years.
HOW DO I FIND OUT HOW MUCH I CAN SAVE?
Contact us with your information and we will gladly run our models to determine how much you could save.
DOES THE SYSTEM REQUIRE MAINTENANCE?
Solar panels require no maintenance. If there is any issue with your system, contact us or your installer and we will resolve the issue as soon as possible.
HOW DO WE DIFFER FROM PACE FINANCING?
PACE offers low interest loans for renewable energy solar systems. However, the loan gets repaid through increases in property taxes. Our system of financing eliminates the ambiguity, saves you significantly more, and provides easy trackability.
WHAT IF MY ROOF NEEDS REPLACEMENT?
If your roof is in need of maintenance, you should complete it before installing solar panels. A solar panel system can last for over 30 years, it can be costly to remove and reinstall if you need to replace your roof.
WHAT IF I SELL MY HOME OR BUSINESS BEFORE OWNERSHIP IS TRANSFERRED TO ME?
You can either buy the system, or transfer the Power Purchase Agreement to the new owner.