en.Wedoany.com Reported - Residential solar and energy storage financing company SolSource Solutions has expanded its prepaid third-party ownership (TPO) product, Propel, to six states. Previously operating in Arizona, Texas, Maine, and California, the product has now entered the Pennsylvania and Colorado markets.
Propel replaces escalating payments and hidden fees with a predictable fixed payment structure. Through this program, homeowners can use fixed-payment financing provided by TriBeam Financial to prepay long-term energy agreements, thereby directly accessing the value of the federal tax credit, with the option to purchase the system after the fifth year.
SolSource Solutions CEO Chris Couture stated that since the launch, user feedback has shown that homeowners seek simple and transparent financing options. The expansion into Pennsylvania and Colorado allows more families to benefit from fixed payments, clear terms, and the value of the federal tax credit. The company plans to continue entering new states in 2026.
Currently, over 180 independent installers offer the Propel product in its active markets. As SolSource scales its operations, it continues to onboard new installers.
As when the product was first launched in February of this year, Propel is supported by Enphase Energy as the exclusive supplier of microinverters and battery hardware with advanced support, while TriBeam Financial provides point-of-sale financing through the Concert Finance Program.
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