February

FUNDING UPDATES

Sunrun Sales Incentive is LIVE! – Bright Planet will pay an additional $350 for every Sunrun deal that is signed between 1/20 and 3/31 and installed before 6/1! Make sure your teams are aware of this great opportunity!

Sunrun Safe Harbor and Pricing Improvements - Sunrun secured safe harbor equipment in 2019 to extend the 30% tax credit through the next few years. This will include Qcell 315's in CA (no premium adder charge), and Solaredge inverters and optimizers in all other markets. We are working closely with Sunrun on finalizing the coordination and process, but as part of this we received EPC pricing increases across all primary markets and is now live in the portal!-

CA - $.20/w

IL - $.15/w

NJ - $.25/w

RI - $.20/w

NY - $.24/w

Sunlight Sales Incentive - Exciting updates regarding Sunlight loan products and a Sunlight specific sales incentive to be announced in the coming weeks!

MARKET UPDATES

2020 RI FIT Rate Increase - The 15 year FIT rate is proposed to INCREASE to $.2965 (up from $.2845) on April 1! This will be the first ever year over year increase with the FIT program, and we will confirm as soon as the rates are final and let you know once this is live with new proposals.

NY Coverage - We continue to expand our coverage in the state of New York! Make sure to check out our updated BPS Coverage Map to see which areas we currently cover, and reach out if you plan on expanding your sales team in this market.

BPS UPDATES

25 Year Workmanship Warranty for Loan/Cash Customers - Bright Planet is extending our 20 year workmanship warranty to 25 years in all markets! This will be effective for all new loan and cash customers with a signed contract date of 2/4/2020 and later.

Dealer Fees Added into Proposal Pricing - Effective 2/10, the proposal team will be adding dealer fees by default to all loan proposal requests and redesigns. For example, if a rep requests a Sunlight 20 yr 3.99% priced at $4.00/w, our proposal tool will automatically add the 16% dealer fee on top of the $4.00/w.

BPS Feedback form! - Please submit your feedback HERE! Let us know how we're doing and what we can do to improve!