Go Solar for Dramatically Less
Get An Immediate, Meaningful Reduction in What You Pay for Solar*
Propel Financing through Concert lets many homeowners reduce the amount they need to pay for their solar project by approximately 24.6%, or 34.6% for qualifying Energy Community projects, right from the start, while still ending up owning their system.
This is not a traditional rebate or standard solar lease. Propel uses a transitional ownership structure designed to reduce the amount you finance upfront, with ownership transferring to you after the initial ownership period.
Why Homeowners Choose Propel
- 24.6% immediate reduction in the total cost of your solar project, or 34.6% for qualifying Energy Community projects*
- High-quality products featuring Enphase microinverters, Enphase Gen 4 energy storage, and top-tier solar modules
- Lower monthly payments because you finance significantly less
- No dealer fees added to inflate your project price
- Standard, transparent interest rates
- Strong system protection for long-term peace of mind
- Automatic ownership of your solar system after Year 5
How It Works
Propel uses a short transitional ownership period that allows federal clean‑energy incentives to be applied at the project level. Much of that value is passed directly to you upfront, reducing the portion of the project you are responsible for paying.
You benefit immediately — without relying on personal tax credits or waiting years to see savings. After the initial transition period, your solar system becomes yours automatically. No renegotiation, surprise balloon payments, or ongoing lease. Just clean energy, lower costs, and long‑term ownership.
Incentives Can Stack for Combined Savings
Propel savings may be combined with other qualifying incentives and rebates. Eligibility varies by program and customer:
Propel – 24.6% standard discount; 34.6% for qualifying Energy Community projects →
CAT Plan Membership – $500 →
PG&E Permanent Battery Rebate – $7,500 →
SMUD My Energy Optimizer Partner+ Incentive → Up to $6,000
SGIP Battery Incentives – amount varies by eligibiility and program category →
Propel Program Details
Propel is a transitional ownership solar financing program offered in partnership with Concert Finance. It combines a prepaid energy services agreement with a loan to provide early‑year protections and long‑term ownership.
Ownership Timeline
Years 1–5:
The solar system is owned by a third party during the transitional period. This structure allows federal clean‑energy incentives, including domestic content and energy‑community incentives when applicable, to be applied at the project level.
After Year 5:
Ownership of the solar system transfers automatically to the homeowner through an Early Buyout Option that is already built into the payment structure.
System Protections Included
- Performance Guarantee for 5 years (minimum 85% of estimated production)
- Operations and Maintenance coverage for 5 years
- Workmanship warranty for 10 years (California)
- Roof penetration warranty for 10 years
- Energy storage monitoring for up to 15 years (if applicable)
- Solar production monitoring for up to 25 years
Financing Information
- Financing provided through Concert Finance
- No prepayment penalties
- Loan may be transferable upon sale of the home (subject to lender terms and fees)
- All financing subject to credit approval
* Important Clarifications
- Homeowners do not claim a personal federal tax credit
- Savings result from project‑level incentives applied through commercial ownership
- Not every customer and system type will be approved based on credit score and equipment application
- Incentive eligibility varies by project and location
Disclosure
This information is for informational purposes only and does not constitute a commitment to lend. Program terms and eligibility are subject to change.
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