Cloover solar leasing
Give your customers the security of a robust solar financing package right from the proposal to help them sign on the dotted line right away.
Cloover solar leasing
Give your customers the security of a robust solar financing package right from the proposal to help them sign on the dotted line right away.
Third party ownership (TPO) payment options are here
The new standard for Hardware Ordering
Present your customers with TPO, loan, and cash payment options side-by-side
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Position your business as customer-centric by offering innovative TPO solutions
Sell immediate savings with zero-down payment solutions
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What to expect
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Homeowners can apply in just 30 seconds and receive an instant approval. Fast approvals means fast payouts.
Offer LightReach's flexible payment options in over 22 states across the United States.
LightReach’s TPO plans set a fixed rate escalator protecting your customers from rate increases.
What to expect
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Homeowners can apply in just 30 seconds and receive an instant approval. Fast approvals means fast payouts.
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Offer LightReach's flexible payment options in over 22 states across the United States.
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LightReach’s TPO plans set a fixed rate escalator protecting your customers from rate increases.
See it in action
FAQs
Launched in 2023 by Palmetto, LightReach is a dedicated consumer finance and asset ownership platform designed to support solar and storage, with plans for expansion into broader home electrification products and services. Built as an API-first platform, LightReach provides seamless integration and an exceptional user experience, creating a plug-and-play ecosystem that drives efficiency, profitability, and scalability across stakeholders. Palmetto, established over 13 years ago, is a leading U.S. clean energy and home sustainability platform, offering extensive services from fulfillment and consumer finance to various value-added solutions.
Learn more about LightReach.
Learn more about OpenSolar.
A Solar Power Purchase Agreement, commonly referred to as a PPA, is a financial arrangement where the customer pays for the electricity produced by the solar system at an agreed-upon rate. Similar to a solar lease, a solar PPA is an agreement that sets a fixed rate per kWh, which is lower than the rates charged by local utility companies. With a PPA, solar leasing companies take full responsibility for installation and system maintenance so the homeowner can avoid costs associated with owning their system.
Here are a few reasons why homeowners choose PPA’s:
- No down payment or upfront cash output is required
- No system installation costs
- No ongoing maintenance of the solar equipment
- Reduced energy rate in the first year
- More control over electricity costs and less dependence on local utilities
- Predictable monthly payments
The LightReach and OpenSolar integration allows you to offer a third-party ownership (TPO) payment option alongside loan and cash options, all within OpenSolar. This centralized management of payment types saves time and simplifies project creation, financing, and management, providing homeowners with fast application processes and consistent monthly payments. TPO’s affordable payments make solar more accessible, helping you stand out from competitors, reach more customers, and feel confident and efficient.
If you are interested in getting started or just learning more about the LightReach and OpenSolar integration, fill out the form above and a member of our team will reach out to you.