Published on May 5th, 2015 | by Aisha Abdelhamid1
Solar Finance Innovations For Homeowners & Installers
May 5th, 2015 by Aisha Abdelhamid
Originally published on SolarLove.org.
Prioritizing ease-of-use for home solar installers, and long-term value for homeowners, a new partnership between Sungage Financial and SMA America is offering innovations in home solar finance.
Sungage Financial, a leading residential solar finance platform, is making it easier for homeowners to realize the financial benefits of solar ownership while saving on energy costs at the same time. Offering convenient, flexible repayment terms, the Sungage® Solar Loan does not require a down payment.
The new partnership pairs Sungage’s simple-to-use home solar finance platform with SMA, the global market leader for residential solar inverters. With a broad product portfolio, SMA offers a compatible inverter for all solar PV system sizes and for every type of solar module on the market.
Innovations in Home Solar Finance
An innovator in solar finance, Sungage brought the first secured residential solar loan in the country to market in 2013. Headquartered in Boston, Massachusetts, Sungage Financial offers an easy, online marketplace for low-cost residential solar finance. Partnering with leading solar installers and institutional investors, Sungage stated that it is committed “to helping homeowners save more through solar ownership.”
Sara Ross, CEO and co-founder of Sungage, said in a recent announcement, “Our platform makes selling solar ownership simple, easy and affordable.” Ross continued, “At Sungage, we are focused on helping installers deliver the benefits of solar ownership to more Americans. Our partnership with SMA allows us to share this offering with more installers and put the company’s inverter solutions in more homes across the U.S.”
Making the Finance Process Profitable for Home Solar Professionals
Henry Dziuba, President and General Manager of SMA America, said, “With our commitment to quality and service, SMA offers solutions that create long-term value for homeowners, which is paramount to helping installers remain profitable in a highly competitive market.” In choosing their partners for finance, Dziuba notes that “through our affiliation with Sungage, solar professionals can capitalize on quality and value.”
The SMA product range includes award-winning system technologies for grid-connected photovoltaic systems, as well as off-grid and hybrid systems. Offering innovative key technologies for future power supply structures, current SMA technology is protected by more than 550 patents. Bringing 30 years of experience and number-one ranked service, SMA products help lower the total cost of home solar energy system ownership while providing new revenue opportunities for solar installers.
Facilitating Solar Ownership With Innovative Finance
Employing over 5,000 people worldwide, the SMA Group is the global market leader for solar inverters, a key component of all solar PV systems. With sales of more than €800 million ($878.2M) in 2014, SMA Group is represented in 21 countries and headquartered in Niestetal, Germany. To facilitate residential solar ownership market growth, SMA America understands the value of innovative solar finance solutions addressing homeowner needs while simplifying the process and increasing profitability for professionals.
SMA’s upcoming “More Power, More Profit” roadshow will be supported by Sungage Financial through participation and sales training at select events. Home solar installers interested in attending the road show are encouraged to consult the tour schedule for details.