Mosaic Improvements! - Effective Monday, Aug 2nd, standard Mosaic loans will be approved at a 600 FICO score! There is no additional fee and customers qualify for the same terms and interest rates we're accustomed to selling. We will also be rolling out a 30 year loan option with Mosaic beginning next week. Finally, a 0% dealer fee loan will be available at a 6.49% interest rate!
Sunrun Inverter Sizing - We have been working with Sunrun to optimize the Solaredge AC to DC sizing. We can now build larger systems with slightly smaller inverter models which will help avoid MPU's and other electrical upgrades. The sizing guidance now aligns with SolarEdge's manufacturer recommendations. This also allows us to size Sunrun deals up to 14.5 kW in both MA and IL!
Sunrun $6 for 6 Promo Ending - July 31st is the last day of the 6 for 6 promotion. Please ensure any customer anticipating to get this deal signs their agreement on or before July 31st. It was an incredible incentive and helped contribute to record selling months in both June and July!
Sunrun $1,000 Referral Extended - The referral bonus has been extended through August 31st! Both the referral and referee must be Sunrun customers installed by Bright Planet in order to qualify and can expect the $1,000 VISA card from Sunrun 8-10 weeks after install is completed. Please indicate on the proposal request form when a lead is referred by an existing customer through the "Referred By" selection.
MARKET UPDATES
Illinois - Partners selling in IL need to be registered as an approved Designee with the ABP program and is required to follow all marketing guidelines. Instructions on how to register can be found here. Due to the status of the SREC, BPS is only offering Sunrun PPA's in IL and currently no loan or cash options until more clarity is provided on the incentive renewal.