August

Here are following highlights for this month's update. For more detail as well as other process or funding related items, please visit the Partner Development Site.

Funding Updates

• New Loans Available! - We are excited to announce the addition of the following loan products! These will go live August 1st and have been added to the proposal request forms-

  • 25 Year 3.99% - LoanPal (20% dealer fee)

  • 25 Year 4.99% - Sunlight (lowering dealer fee to 17%)

  • 20 Year 2.99% - LoanPal (23% dealer fee)

  • 20 Year 3.99% - Dividend (16%)

  • LoanPal Low FICO - We now have a 10,12,15, and 20 year loan option for 600-650 FICO homeowners. For a full list of all available loan options, reference the Loan Options and Dealer Fees page (here). 

• 150% Sunrun Offset in CA and MA - We can now create Sunrun PPA's and Prepaids up to 150% offset in both CA and MA markets! This will free up a lot of deals to now move forward with Sunrun where the customer prefers a higher offset or larger system.

BPS Updates

• Fewer Electrical Upgrades! - We have been working closely with Sunrun to update their inverter sizing standards to allow for slightly smaller inverters with larger systems. This change is now live and should result in 10-15% fewer MPU's and electrical upgrades moving forward! This update will also allow for larger systems in areas where utilities have certain sizing restrictions (i.e. NJ and RI).

Market Updates

• Max Sunrun System Size in IL and MA - Effective August 1st, we can size Sunrun deals up to 13.2 kW in IL and MA! This will vary slightly depending on the panel wattage for each system but is a huge win for us all with increasing the max system size in these two markets.

• Sunrun Portal Login Requirement - In an effort to be more compliant with Sunrun's sales process, we need any rep selling Sunrun in CA to be set up in the portal with a login before September 1st. If you or your team need access, fill out the following form and you'll receive an email from Sunrun within 48 hours to complete the required training: New User Form (Sunrun does require certification to be completed as well as an HIS license for CA).