Financing

Vergent offers several financing options for customers wishing to enjoy savings and reliability without making the capital investment. 

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Our Services

Overview

Vergent can offer several financing options including Energy Service Agreements, Power Purchase Agreements and leases to access immediate energy savings and reliability improvements without making a capital investment.

Each of these options has its own benefits and considerations, and the best choice will be unique to your organization’s specific circumstances and goals. It’s also possible to use a combination of these options to finance a project.

 

Tax Benefit and Incentive Opportunities

Federal, state, and local governments and electric utilities encourage investing in and using renewable energy and, in some cases, require it.  In the US, the Inflation Reduction Act (IRA) increased several key tax incentives and expanded eligibility for accelerated depreciation, benefiting cogeneration projects.  When installing a Capstone microturbine for a cogeneration project, up to 50% of project costs can be recovered through the Investment Tax Credit (ITC).  These benefits can be paired with local utility incentives to further improve your project payback for a faster return.

How It Works

Vergent will work with your team to uncover applicable tax benefit and utility incentive programs to ensure you receive the best possible payback for your investment. Our network of project financing partners will then provide you with the most competitive rates and financing products suited for your needs.

Why Us

Vergent is a leading provider of customized microgrid solutions and onsite energy technology systems focused on helping customers across North America meet their carbon reduction, energy saving and resiliency goals.

Save More Money

Save money on your utility costs generating power onsite and reusing waste heat for daily operations

Meet Net Zero Goals

Capstone Microturbine systems are optimized to act as the backbone of microgrids, seamlessly integrating solar and other renewable technologies

Plan For Your Future

Develop a plan for sustainable and ongoing improvements for the way you manage energy and capitalize on government programs

Key Benefits

Lower Initial Costs
In a lease-to-own agreement, your business is not required to make a substantial initial investment to acquire the generation equipment needed to meet your goals.
Predictable Expenses
Payments are fixed for the term of the lease, making it easier for your business to budget and plan for the expense.
Flexibility
Under a lease agreement, you have the option to purchase equipment at the end of the term, or return it and upgrade to newer, more efficient system under a new lease agreement.
Conservation of Capital
Leasing provides you with more flexibility to conserve capital for other needs in your business, such as inventory, hiring, marketing, or other growth initiatives.
Tax Advantages
Lease payments are often fully deductible as a business expense for tax purposes, whereas loan payments are only partially deductible.