SP&L. Money Solutions

Putting Power In Your HandsTM



We’re not bankers, but we are developers, builders, owners and operators of solar assets...

At Solar Power and Light (SP&L), we have been innovators in the area of funding solar projects since we founded the company back in 2010, so we understand the unique set of issues when it comes to financing solar and assisting our clients’ get their projects started and do more.

SP&L Money Solutions is one of the most comprehensive platforms for funding Solar, Battery Storage and LED Lighting projects available on the market today for Commercial, Industrial and Public Entity solar projects.

Solar and Battery Storage Funds

SP&L has built a $200M+ Funding Engine with a select portfolio of trusted financing partners allowing us to match project finance with developers and site owners seeking funding for their solar and battery storage projects. Over $12M of Ohio based projects funded to date.

Click Here for an inside look at the solar industry and future securitization.

See how SP&L’s trusted relationships can jump-start your solar sustainability goals. Tell us about your project and let’s get started: Click Here for our intake form or call 937-247-9194 today.


Introducing Solar Muni Bond Funds


SP&L and Public Finance and Energy Advisors(PFEA) partner to announce an innovative program for funding municipal based solar projects in Ohio.

Solar energy is an increasingly affordable way for Municipal Entities (cities, counties, school districts and universities, MEs) to increase their use of clean energy, lower their electric bills, decrease pollution and generate good-paying local jobs. With 20 to 25 year term financing, matching the useful life of the equipment, Power Purchase Agreements (PPAs) can be utilized and priced below the cost of power provided by most utilities in Ohio. Long Termed Fixed Rate Funding Program for Municipal Solar Projects.

About the Program
The PFEA Municipal Solar PV Finance Program offers long-term (15-25 year) fixed rate taxable municipal bond financing of PPAs. This structure allows developers and system owners to utilize bond funding tax incentives and pass the savings onto the municipal customer. Because municipalities do not pay taxes, they cannot take advantage of federal and state tax incentives themselves. All PPAs will be structured so that the amount of money saved annually by the municipality by using the PV system, including the cost of financing, is greater than the annual cost of the PPA.

Public Finance and Energy Advisors (PFEA), a SEC/MSRB registered Municipal Advisory firm, can assist municipal entities that seek to take advantage of the benefits of solar energy by financing solar PV systems on their property that decrease their energy bills and harness the other benefits of clean power.


Zero Out-of-Pocket Cost Programs

Power Purchase Agreement (PPA) and Leasing Programs - Our finance team pioneered the Power Purchase Agreement in the U.S. It allows businesses like yours to enjoy the benefits of solar energy without the up-front cost. Under a SP&L PPA, we install, own, and operate the solar installation. You purchase the electricity it generates, typically at substantially lower rates than traditional utility power.

The benefits for your business are clear:

  • Lock-in energy costs for up to 20 years
  • Enjoy steady, predictable performance
  • Improve your planning, budgeting, and forecasting
  • NO Out-of-Pocket Capital Cost required
  • Only required to buy electricity from solar array for life of the contract

SP&L will:

  • Develop Solar Project with site location(s)
  • Secure funding
  • Design and complete construction
  • Provide operations/maintenance services
  • Bear all the risks for the solar facility for life of contract

Lighting As A Service (LaaS) - a service delivery model in which light service is charged on a subscription basis rather than via a one-time payment. This business model has become more common in commercial and citywide installations of LED lights, specifically in retrofitting buildings and outdoor facilities, with the aim of reducing installation costs. Light vendors have used an LaaS strategy in selling value-added services, such as Internet-connected lighting and energy management.


National Grant and Loan Programs

SP&L has partnered with KeyBank to offer Eco-Link loans in Ohio, a 3% rate buy-down program for owner financed residential solar. The Energy Conservation for Ohioans program (ECO-Link) is a partnership between the Office of the Ohio Treasurer of State and eligible state banks that are designed to support Ohio homeowners improve their energy efficiency. This program aids the Ohio economy by promoting businesses that provide energy efficient products and contractor services. To learn more about Eco-Link, Click Here to download the official brochure. For those that are ready to apply for Eco-Link, Click Here to download the application.



Admirals Bank's Solar Loans are non-equity based solar loans intended for customers seeking financing for renewable energy projects, such as solar, energy efficiency upgrades, small wind and geothermal systems where credits, rebates and/or incentives are available. Qualifying renewable energy projects may be paired with other general home improvements, including roofing, window, energy efficiency solutions, garages and much more.

Provides grant funding to agricultural producers and rural small businesses to purchase or install renewable energy systems or make energy efficiency improvements.

This program helps increase American energy independence by increasing the private sector supply of renewable energy and decreasing the demand for energy through energy efficiency improvements. Over time, these investments can also help lower the cost of energy costs for small businesses and agricultural producers.

SP&L has successfully processed over $100K in USDA REAP Funding for small farmers and rural business owners

Property Assessed Clean Energy (PACE) Funding is an economic development tool designed to assist commercial and industrial building owners to access affordable, long-term financing for clean energy improvements to their buildings.

PACE allows building owners to finance efficiency and renewable energy improvements through a voluntary assessment on their property tax bill. The repayment obligation transfers automatically to the next owner if the property is sold. Capital is secured by a priority lien on the property, so long-term debt capital can be raised from the private sector.