Balance Solar is a renewable energy developer. We partner with installers, developers, and investors to provide financing options so our customers pay no capital upfront for the installation.
Our unique model allows us to offer 5 – 15 year Power Purchase Agreements (PPA) and solar leases. At the end of the contract, ownership of the system transfers directly to our clients for no additional cost.
Standard PPA contracts last 25-30 years, and those who sign the dotted line never see the true potential of their solar panel systems. We believe in the power of the sun, and we want other people to believe in it, too. That’s why we offer PPAs that are no longer than 15 years..
Often, the term on our PPAs is as short as six years, which is unheard of in the industry. A shorter term means our clients own their systems quicker.
Of course, this approach isn’t for everyone. The tradeoff for quicker ownership is higher electricity payments, and our clients often see an increase in their bills. But it’s worth noting that this is only temporary.
After the shortened term is complete, our clients take full ownership of their systems, and realize the true benefits of going solar: independence from utilities, freedom from contracts, and an improved connection to their environment.
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
Length of PPA or Lease term is recommended.
CONDITION OF THE ROOF
We target clients with roof space in healthy condition with at least 15 years remaining. If your roof does not have this lifespan remaining, contact us for alternatives.
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 preservation 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.
If you recommend Balance Solar to someone who then installs with us, we will thank you with $500 after their new system is installed. Just be sure to have them mention your name.
Every chance you get to talk about your system can lead to a $500 referral fee that recovers a portion of your system’s cost. One of the best ways to make meaningful change is to invite other people to join the quest for clean energy!
Don't have solar? That doesn’t mean you can’t share your passion for solar! Promoting solar with your friends and family is a great way to put your interest in solar to use, support sustainable energy, and get paid all at the same time.
Send us a message with your referrals name, email, and phone number, and how you would like us to approach them.
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 5-15 years. After the PPA term, you obtain sole ownership for no additional 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 themselves require no maintenance. We cover the operation and maintenance of the system for 15 years, regardless of when your contract term ends.
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.
WHAT IS THE ADJUSTABLE BLOCK PROGRAM?
Information on the Adjustable Block Program can be found here: Illinois Shines
- WHAT IS THE ILLINOIS SOLAR FOR ALL PROGRAM?