The capital cost of installing solar to reduce a business's reliance on the grid can be considerable. That’s why we’re working with Smart Ease, an expert with more than a decade’s expertise in funding solutions. They are industry specialists that can tailor a competitive payment solution to enable your business to pay for a solar system over time, with a zero-dollar upfront commitment*. Smart Ease can help you to evaluate the cost benefits and obligations on your business before making your decision.

Power Purchase Agreements (PPA’s)

Power Purchase Agreements (PPAs)

When you choose to enter into a PPA, you could benefit from lower energy costs, without the added financial responsibility of maintaining, insuring and updating your equipment.

 

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Purchase

Purchase

Outright purchase of a solar PV system can provide a faster return on investment.

 
 
 
 

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Payment plans

Payment plans

With a Smart Ease payment plan your solar system can be financed with no initial capital outlay by your business*.

 
 
 

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Power Purchase Agreements

What are Power Purchase Agreements?

Under a PPA, the ownership, maintenance and insurance of your solar system is handled by your PPA provider. In return the PPA provider negotiates an agreement with you, to sell the electricity your system generates back to you, at an agreed rate throughout the agreement. This option is suitable to large-scale or more complex projects and to businesses who wish to preserve business capital for other purposes.

The key business benefits that can be achieved with PPAs

  • Lower or no upfront costs (depending on the terms of the contract). 

  • The immediate benefits of solar for your business. 

  • Lower rates for electricity than under a normal electricity plan. 

  • Various commercial loans and financing options


 

Purchase

Depending on the project and the size of your installation, once you have accepted the proposal, a 50% deposit is generally required with the final 50% balance to be paid on completion.

The key business benefits that can be achieved with outright purchase

  •  Full ownership and control of the asset. 

  •  Depreciation and tax concessions may apply (please seek professional advice). 

  •  Faster return on investment. 

  •  Certainty over your energy costs. 

  •  Avoid network charges. 

  •  Leverage key Government incentives. 

  •  Increase your property value. 

Payment plans

With a Payment plan from Smart Ease, your business can finance the cost of your solar system with no capital outlay (zero dollars upfront payment)*. Smart Ease pays EnergyAustralia for the cost of your system and you enter into an agreement to pay for it in fixed monthly instalment for a fixed term. This option is suitable for small to medium installations under 50kW and to businesses who wish to preserve business capital for other purposes.

The key business benefits that can be achieved with a payment plan

  • $0 up-front cost * . 

  • Terms of agreement up to 10 years for systems above $200k. 

  • Under a rental agreement Smart Ease owns the system and provides a buy-out option at the end of the agreement term. 

  • Apply online without financials, up to $150k*.

Echo Group Corporation Pty Ltd ABN 34 158 561 927, is part of the EnergyAustralia group and supplies and installs solar, battery and related products to customers.

* All applications for Smart Ease payment solutions are subject to credit criteria and approval. Smart Ease is a separate and unrelated entity to EnergyAustralia Pty. Ltd. and solely provides payment solutions. Smart Ease recommends that businesses and organisations seek independent financial advice to determine which payment solution best applies to their individual circumstances.