April 2023 Partner Update

FUNDING UPDATES

• Sunrun CA PPA Rates - As we transition into NEM 3 in CA, Sunrun will implement a max kWh rate for both solar only and solar + storage systems. A full breakdown of these rates can be found here. Beginning 4/3 a 3.5% escalator will be available in CA.

• Sunrun NEM 3 Transition and Sales Tools - To prevent previous projects being sold under NEM 3, all unsigned CA proposals will be voided on 4/3 and all signed agreements that do not reach SRA by 4/6 will be voided. Customers that do not reach SRA by 4/6 will need to resign new agreements under the same Oppty (credit approvals will remain valid). Sales tools (Brightpath, Splat) will be down for all of CA beginning at 12am PST on 4/3 to implement the above pricing changes. Tools are expected to be back up by 12pm on 4/3. 

BPS UPDATES

• Everbright PPA in CA - We are rolling out a new PPA/Lease option through Everbright in CA in the coming weeks! An official announcement and date will be sent out later this month with more detail.

• CA NEM 3 Install Scheduling - For all projects sold in CA prior to 3/15, BPS will require full interconnection approval with the utility and AHJ to ensure customers are locked into NEM 2 before scheduling. 

• Dealer Fee Updates - Goodleap and Mosaic have removed the 3.99% rate loan products. For a full list of updated loans and dealer fees, click here.