Project Funding

On-Bill Project Funding

This unique award-winning solution provides your organization with an opportunity to pay for energy conservation measures through monthly charges that appear on your power or natural gas supply bill from Constellation. You can realize cost savings through a reduction in energy consumption, maintenance costs and an improved load profile, which will positively impact future energy costs and your environmental goals.

Program Benefits:

  • No upfront capital for new equipment with flexible 36 to 60-month contract terms
  • Included in your power or natural gas bill
  • Cost savings through reduced energy consumption
  • Ability to install energy solutions today, but delay payments up to 24 months

    Financing and Leasing

    The financing of energy efficient equipment is indispensable in today’s rapidly changing climate. We offer financing programs and flexible payment options with long-term benefits that enable you to quickly put your Energy Management Plans into action with the least initial outlay.

    We Offer:

  • Financing up to $1.5 million
  • Leasing terms up to 84 months
  • Finance agreements, leases, and working capital loans
  • 100% financing
  • Deferred payment options
  • Instant credit decisions
  • P.A.C.E.

    The Property Assessed Clean Energy (“PACE”) program is an alternative financing tool enabling owners of commercial and industrial properties to receive low-cost, long-term financing for energy efficiency, water efficiency and renewable energy projects. PACE is passed via state legislation and gives local governments the authority to collaborate with private lenders (such as Petros PACE Finance) to provide financing for Eligible Upgrades that are paid through a property tax assessment mechanism.

    PACE financing enables businesses to generate immediate positive cash-flow by financing energy retrofits over a 15-30 year term; the property assessed characteristic of PACE makes this possible. By attaching the PACE loan repayment to the local government’s property tax special assessment process, PACE loans can be extended up to the useful life of the project, thereby making energy savings generated from the project greater than the loan repayment. In many states, this positive cash-flow is required before the project can be approved.

    PACE vs. Alternatives


    PACE financing is a game changer versus traditional financing options. PACE provides up to 20% LTV in addition to a mortgage (typically up to 80% LTV), effectively replacing equity investments with a loan from Petros PACE Finance.


    Rebates & Incentives

    We are proud to be a Program Sponsor for many of the incentive and rebate programs offered by local Utilities throughout the United States. Our design team can process and facility the rebate and incentive process from start to finish. To learn more about rebates and incentives offered in your area, please call the number below to start a conversation.

    ITC (Solar Tax Credit)

    For years, business owners who purchased a solar energy system enjoyed a 30% ITC to help offset the cost of the system. It works like this: purchase and install a solar panel system on your facility and receive 30% of the cost of the entire system (including parts and labor, after state and local grants) as a credit back to you when you file your federal taxes, up to the full amount of taxes you owe. If you don’t owe enough in taxes to get the full credit this year, you can “roll over” the remaining amount into future years as long as the credit is still in effect.

    For example, if you spend $30,000 installing a solar array at your business, your ITC would be 30% of $30,000, or $9,000. If you’ve paid $9,000 or more in taxes that year, you’ll get a $9,000 refund check when you file your taxes, so the net cost of your system would be $21,000. (If you only paid $6,000 in taxes in that year, you would have $3,000 in “credit” that you could claim in a future year.) Pretty nice, considering you’ll also be saving money on electricity for the next couple of decades.

    Businesses can also combine the ITC with any other rebates or incentives to further reduce the cost of the system. For instance, if your local utility offers a rebate, you can take the full rebate plus the ITC – in some cases, reducing the cost of the system by 50% or more!

    Here’s the catch: 2019 is the last year businesses can take advantage of the full 30% tax credit. After this year, the ITC will begin to shrink – to 26% in 2020 and 22% in 2021 – and will be gone completely in 2022. This applies to residential solar installations only. Commercial solar installations will still receive a 10% ITC from 2022 forward.

    2019 Tax Incentives: Section 179

    Tax provisions accelerate depreciation on qualifying business equipment, office furniture, technology, software and other business items. When you finance such purchases with Ascentium Capital, you may deduct a significant portion, up to $1,020,000 in 2019 (to be adjusted for inflation in future years). There is a dollar-for-dollar phase out for purchases over $2.55 million. Additionally, for 2019 bonus depreciation remains at 100% on qualifying assets. Consequently, not only will Section 179 help bolster your bottom line, you garner the benefits of new equipment and technology that will help grow your business.


    To capture these tax savings, qualifying property must be placed in service before December 31, 2019. Simply choose your business equipment and Ascentium will design payments to help you make a profitable decision.