MySolar, the new residential solar lease facility created by Clean Power Finance, MS Solar Solutions and Main Street Power Company, is being called the largest in the US. The program will provide funding for up to US$300 million in projects with Zions Energy Link being the first member of a syndicate of debt providers for the MySolar residential solar lease facility.
Clean Power will make the MySolar lease available to homeowners through qualified solar professional using CPF Tools and will initially only be available in Arizona and California. MySolar is the third solar finance facility available to Clean Power’s national network of solar professionals.
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“The MySolar lease gives Clean Power Finance’s qualified network of solar professionals another affordable option to help homeowners immediately save money on their electricity bills,” said Nat Kreamer, CEO of Clean Power Finance. “We are pleased that our marketplace and asset management and underwriting services make residential solar an attractive investment to major financial institutions.”
