In late 2020, Solar One reached out to Gary Vicari, President at Arlington Toyota, to share the amazing opportunities solar creates. While the initial cash proposal had a very fast Return-On-Investment, Gary shared his concern about spending over $1 million on a non-core business expense. With his feedback, Solar One innovated a new financial model that removes the upfront expense associated with traditional cash purchase models. This model allows Arlington Toyota to maintain complete ownership and receive all financial incentives without resorting to a Lease or another zero out-of-pocket program commonly associated with Third-Party ownership options.
When we shared this new model with Gary, he appreciated that we took the time to listen to his needs and loved how well it fit into his operations. In 2021, Solar One began construction on the 641.58 kW solar asset and commissioned the system in August 2021. During our post-project interview in December 2021, Gary said:
“…this has been a tremendous, tremendous asset, both to the business, to our image, and to our electric bill. Our electric bill is now 50% reduced from what it used to be before we put the solar panels on.”
He also said:
“I would definitely work with Solar One again. Because Solar One had the foresight to go through with a nonconventional arrangement, it made it clear to me that there was something different about Solar One than there would be with other companies. I think that it would be a no-brainer, and it was for us a no-brainer once we learned that that arrangement was possible.”