Get a Big Impact for Zero Down

At Wolf River Electric, we remain neutral regarding how you finance your solar project, but we have trusted finance partners that we can introduce you to. Below are the most common ways our customers have financed their projects. As the solar leader in Minnesota (MN), Wisconsin (WI), Iowa (IA), North Dakota (ND), and South Dakota (SD) for over 10 years, our team is dedicated to helping customers obtain the power they need at an affordable price. We’ll also ensure that you receive all available benefits from federal and state tax credits, as well as other solar incentives.

Wallet icon representing affordable commercial solar financing options from Wolf River Electric.
Cash Purchase

If your business has the financial resources available, purchasing a commercial solar system offers the strongest long-term savings and ROI. The Federal Investment Tax Credit (ITC) is currently 30%, but it is scheduled to begin phasing down in future years. Installing your system while the full 30% credit is still available allows you to capture the maximum federal benefit.

Businesses can also take advantage of 5-Year MACRS accelerated depreciation, which can significantly improve project payback by enabling companies to deduct a substantial portion of the system cost early on. Combined with long-term utility savings, these incentives can allow the system to offset its cost over time and continue delivering reduced operating expenses for decades.

    • Claim Federal Tax Incentives Before the Step-Down
      • Capture the 30% ITC while it remains available and valid for systems placed in service by the end of 2027.
    • Accelerate Payback With 5-Year MACRS
      • MACRS depreciation allows businesses to deduct a significant portion of the system cost within the first five years.
    • Reduce Operating Costs Long-Term
      • Solar provides predictable, stable energy costs and can offset the system cost over time through utility savings.
    • Increase Your Property Value
      • Commercial properties with lower operating expenses and renewable energy assets often see increased valuation and improved marketability.
Icon representing institutional commercial solar financing options from Wolf River Electric.
Loan

If paying upfront isn’t the right fit, a commercial solar loan lets your business go solar with predictable monthly payments while still capturing the major tax benefits. With the Federal Investment Tax Credit (ITC) still at 30% (and scheduled to step down in future years), plus 5-Year MACRS depreciation, businesses can recover a substantial portion of their system cost even when financing.

Over time, your energy savings help offset the loan payments, and once the loan is paid off, your business continues benefiting from lower operating costs for decades.

  • Claim incentives and accelerated depreciation (MACRS)
  • Your system will pay for itself with savings on your utility bills
  • Increase your property value
Icon representing approved commercial PACE financing plans for solar installations with Wolf River Electric.
Property Assessed Clean Energy (PACE)

The property-assessed clean energy (PACE) model is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property.

  • Payment comes as a line item on your bi-annual property tax bill
  • The interest portion of your payment may be tax-deductible
  • It is an “off-balance sheet” payment
  • Customer can monetize tax benefits