Vivint Solar expands availability of third-party solar financing to Connecticut, Maryland and South Carolina
Written By: Stratton Report
August 16, 2016
On August 16, Vivint Solar announced that it is has made solar energy system financing available to homeowners in Connecticut, Maryland and South Carolina.
Chance Allred, Senior Vice President of Sales at Vivint Solar observed:
“We are excited to expand solar energy system purchases and financing options to three more of our existing states. Purchasing a solar energy system, with cash or through financing, provides an attractive alternative to power purchase agreements (PPAs) for customers who want to own their solar energy system, and the continued growth in demand has lead us to provide opportunities for more homeowners to go solar.”
Vivint Solar’s third-party financing relationships are intended to enable customers to finance ownership of a residential solar energy system with no money down. Per the company, homeowners may also be eligible a federal tax credit, along with state and local incentives.
Vivint’s third-party financing product was previously only available in Arizona and Utah. In California, Vivint Solar offered PACE as an alternative. Vivint Solar plans to expand to most of Vivint Solar’s markets by the end of September.