“We are very pleased to add top-tier companies such as RDI and Trinity to our extensive list of solar professional partners,” said Robert Prigge, Chief Commercial Officer of Clean Power Finance. “These partnerships demonstrate the attractiveness of Clean Power Finance’s model.  In less than two years, virtually every single major partner of the early residential solar finance providers has left exclusive relationships to be able to work with CPF. Our pending expansion into new markets underscores demand by solar companies for finance products they can brand and market to homeowners.”

The unbranded solar finance products available on the CPF Market™ allow partners to put their brands in front of homeowners. This is especially important in an industry that still relies heavily on referrals for business. Partners also benefit from access to a variety of finance products: product choice helps solar professionals close more deals because they can tailor the financing to an individual homeowner’s needs.

Clean Power Finance manages more than half a billion dollars of project financing on behalf of third-party solar investors. The company provides solar professionals with CPF Tools™, the leading solar sales SaaS application, and connects solar pros with institutional solar finance investors through the CPF Market, the online business-to-business marketplace for distributed solar financing.

Clean Power Finance entered the residential solar financing market in California in April 2011. Since then, the company has expanded into eight other states around the U.S. and now works with up to 80 percent of the top residential solar companies in major solar markets.

About Clean Power Finance

Clean Power Finance is driving the mass-market adoption of residential solar by building the online, business-to-business CPF Market™, which connects the solar industry and the capital markets. The company provides solar professionals, manufacturers and distributors with access to a variety of unbranded residential finance products and easy-to-use solar sales quoting and design tools. For investors and lenders, the company makes it easy to invest in residential solar projects that provide reliable rates of return with managed risk. Founded in 2007, Clean Power Finance is funded by Kleiner Perkins Caulfield & Byers (KPCB), Google Ventures and Claremont Creek Ventures. To learn more about how Clean Power Finance can accelerate the growth of your business, please visit www.cleanpowerfinance.com.

Media Contact:

Alison Mickey

amickey@cleanpowerfinance.com

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Source: http://www.allearthrenewables.com/go-solar

AllEarth Renewables is a Vermont solar manufacturer and the largest developer of solar in the state, providing solar to numerous local companies and hundreds of homeowners. The company has just recently announced a new program to finance solar at no cost to homeowners, businesses, non-profits, and public institutions. The residential lease is unique in the state by offering a no cost lease for homeowners to net meter with solar at or below their electric rates and be given the opportunity to fully own the system at a significantly reduced cost after 7 years. The community-scale solar least is similar to the residential lease, but with a guaranteed electric bill savings of 10 percent a year for larger customers such as non-profits and schools. The lease payments under both options in this “home state” program will be at or below the customer’s electricity savings, producing a zero net-cost agreement. This third-party type of financing model which now makes up the majority of solar installation nationally is not normally available throughout smaller markets like Vermont. AllEarth Renewables is excited to be a local manufacturer with the ability to provide Vermont customers with the opportunity to net meter their energy and produce immediate savings on their electric bills. This company has installed more than 1,400 AllSun Trackers and is an Inc. 500 company for fastest growing companies nationwide. The solar projects all will feature the dual-axis AllSun Tracker, which produces up to 45 percent more energy than fixed rooftop solar and won a Green Product of the Year award in 2012.

Source: News Release – Solar at no Cost: AllEarth Renewables announces zero cost residential and community-scale solar program