Synthetic Cash & Loan
A new way to go solar
With a change in government policy for the solar industry, installers need to make a shift in the way
solar and storage solutions are offered to customers across the country. This offering allows for an immediate upfront discount to the customer with the balance of the cost being paid by Participate Energy as the owner of the system. The customer prepays for their energy with no additional fees, payments, or financial obligations for 25 years.
Who qualifies? Property owners in supported markets with sites eligible for the federal Investment Tax Credit (ITC). Our program is designed to unlock the benefits of solar, solar + storage, or battery-only solutions.
Note: Certain property types, such as condos, townhouses or mobile homes, may have limitations.
What about finance of the prepayment? We partner with several loan providers who can help finance the down payment portion of the prepayment. You can also work with your local lending source, as long as they’re an approved vendor.
Is there a pathway to customer ownership? The
initial term length is 25 years, but there is an option for the transfer to homeowners at fair market value after the initial 6-year period.
What happens when the home is sold? The system
is fully transferable. If you sell your home, the new buyer can easily take over the agreement with no
risk, credit check, or underwriting required. All we
ask is that a simple transfer notice is provided as
part of the process.wau
Interested in becoming a certified installer for the Synthetic Cash offer?
Contact channel@participate.energy