Financing Companies

Selecting a Solar Financing Company

Not all solar financing companies are created equal. How do you choose the best? Here are some guidelines for your decision?

Value - are they installing leading brand of solar panels and inverters. How good is the quality of their installation?
Are they responsive to your needs? Did they conduct a site visit?
Discusses your needs and objectives
Are they likely to be around in the long term
Quality of installers in their network

Solar Financing Company	Technology Financed	Available in:	Offered to:	Contract Structure
Adam Capital http://adamcapital.com/	Solar PV Solar Hot Water		Residential, Commercial	Lease, PPA
Amberjack Solar http://www.amberjacksolar.com	Solar PV	MA, NJ	Commercial	PPA, Lease
BGE Home http://www.bgehome.com/solar.php?section=solars	Solar PV	MD	Residential
BrightGrid Solar http://www.brightgrid.com/	Solar PV	AZ, CA,CO, HI, NJ	Residential	Lease
BriteLease http://britelease.com/	Solar PV	Not Specified	Residential, Commercial	Lease
Citizenre www.citizenre.com	Solar PV	AR, CT, DE, GA, HI, LA, MA, MD, ME, MN, NH, NJ, NY, OK, OR, RI, VA, VT, WA, WY	Residential	Leae
CentroSolar www.centrosolar.com	Solar PV	AZ, CA, NJ	Residential	Lease
Clean Power Finance www.cleanpowerfinance.com	Solar PV	Nationwide	Residential, Commercial
Constellation Energy/ BGE Home http://www.bgehome.com/solar.php?section=financingOptions	Solar PV	MD	Residential	Lease
CT Solar Lease http://www.ctsolarlease.com/index.php	Solar PV	CT	Residential	Lease
First Light Solar (FLS Energy) http://www.flsenergy.com/	Solar PV Solar Hot Water	NC, SC, GA and TN	Residential, Commercial	PPA
Mercury Solar - Financing http://www.mercurysolarsystems.com/	Solar PV	CT, MA, NJ, NY, PA	Commercial	Lease, PPA
One Roof Energy http://www.oneroofenergy.com/	Solar PV		Residential	Lease
Graybar Financial Services http://www.graybar.com/services/financing	Solar PV
GroSolar www.grosolar.com	Solar PV	PA	Residential	Lease
Solar City www.solarcity.com	Solar PV	CA, MA, MD, WA	Residential	Lease and PPA
Soltage www.soltage.com	Solar PV	CT, MA, NJ	Commercial	PPA
Skyline Innovations http://www.skylineinnovations.com/	Solar Hot Water	AZ, CA, FL, Mid-Atlantic states	Commercial	PPA
Sun Edison www.sunedison.com	Solar PV	Nationwide	Residential, Commercial	Lease
SunPower http://us.sunpowercorp.com/ commercial/how-to-buy/solar-lease/	Solar PV	AZ, CA, CO, HI, MA, NJ, NY, PA	Residential, Commercial	Lease
Sun Run www.sunrunhome.com	Solar PV	AZ, CA, CO, HI, MA, NJ, OR, PA	Residential	PPA
Sungevity www.sungevity.com	Solar PV	AZ, CA, CO, DE, MA, NY, NJ, MD	Residential	Lease
Technology Credit Corporation http://www.creditcorp.com/home.htm	Solar PV	MA	Commercial	Lease, PPA
Tioga www.tiogaenergy.com	Solar PV	AZ, CA, CO, CT, HI, MA, MD, NJ, NV, OR, OR, PA	Commercial
Vivint Solar http://www.vivintsolar.com/	Solar PV	NY, HI, UT	Residential	PPA
WindStream Energy Solutions http://www.windstreamenergysolutions.com	Wind	MA	Commercial	PPA

Solar Financing Company - Business Models

These companies are organized in one or more of the following ways:

Vertically integrated: These companies own all the major parts of the solar business, including capital, sales, installation, and after-sales service and maintenance. SolarCity is the best example of a vertically integrated solar company.
Solar Financing companies with a preferred network of installers: These companies use their own capital or source funds from a bank or a private investment fund to offer solar financing programs. They have built a national installer network that offers their financing program exclusively to consumers. Examples of such companies include SunRun, SunEdison, Sungevity. Some solar panel manufacturers are also providing financing using this business model. They include SunPower, Brightlease and CentroSolar.
Solar Financing Company: These are primarily financing companies that any installer can use to offer a solar financing solution to property owners. Companies like Clean Power Finance, Graybar Financial, Tech Credit corp. are examples of this business model
Installers with access to capital: Some larger installers have lined up a line of credit at a bank or at a private investment fund. Some even have put their own capital to finance commercial installations. Examples include Amberjack Solar and Mercury Solar.

Business Model	Financing	Solar Sales	Installation	Contract with Consumer	System Maintenance
1. Vertically Integrated company	In-house	In-house	In-house	In-house	In-house
2. Financing company with an approved installer network	In-house or via bank or private fund	Network of Installers	Network of Installers	In-house	Network of Installers
3. Financing company; no preferred installer network	In-house	Local installer	Local installer	In-house	Outsourced to local installer
4. Installer with line of credit	In-house or Via bank or private investment fund	In-house	In-house	In-house	In-house

If you need additional information or have questions we can help you with, please feel free to send us a note to info@energysage.com