Third-Party Investor Structures
If you are a larger client, you may qualify for one of our third-party investor structures, which have the advantages of being longer-term (up to 20 years) and designed so that you only pay for the energy produced by the system.
Two Options
ON-BALANCE
The on-balance financial structure is similar to a long-term loan. It's main advantage is that, by putting the system on your company's balance sheet, the project can take advantage of the Dominican Republic's investment tax credit.
It looks similar to a Power Purchase Agreement (PPA) because you only pay for what the system produces on a monthly basis. Indeed, instead using an interest rate to calculate your monthly payments, we use a price per kWh.
OFF-BALANCE
The off-balance structure is essentially a commercial lease. Here the system is owned and operated by KAYA and its financial partners.
In this case, the site owner makes monthly lease payments which are, as with the on-balance structure, calculated using a price per kWh. This is a great option for companies that cannot take advantage of the investment tax credit, such as tax exempt entities like Free Trade Zones, hotels, religious institutions, among others.