November

Funding Updates 

• • • • Decrease in Dealer Fees! - We're excited to announce a decrease in certain LoanPal and Sunlight products! These changes will be effective for all new contracts signed Nov 1st and later. See the full list of options (here), highlighting some of the key changes-

        • • • • • LoanPal 20 Year 5.99% - 10%

                • LoanPal 25 Year 4.99% - 15%

                • Sunlight 20 Year 3.99% - 16%

                • Sunlight 25 Year 4.99% - 16%

      • 26% ITC Transition - Beginning Nov 1st, Bright Planet loan proposals will reflect a 26% ITC to align with the scheduled drop from 30% for 2020. Loan providers will make the change on the following dates (based on credit approval date)-

        • • • • • LoanPal - Nov 1st

                • Dividend - Nov 6th

                • Sunlight - Nov 15th

BPS Updates

• • • • Storage Options Now Available - We now offer battery backup solutions for loan and cash deals in CA! Reference the storage guide for a list of available options and prices (here). 

      • No Metal Roof Adder! - Effective Nov 1st, metal roofs will no longer carry a $0.20 adder. The $0.20 roofing type adder will only apply to flat roofs (0-5 degrees) moving forward. Ground mounts will remain the same adder at $3,000 flat.

Market Updates 

• • • • Sunrun Portal Login Requirement- With the rollout of the CPUC, it is now REQUIRED for all reps selling Sunrun in CA to have an HIS license and be set up in Sunrun's portal. The following form can be used to request access: New User Form (Sunrun does require certification to be completed as well as an HIS license for CA).