NEW YORK--(BUSINESS WIRE)--Many homeowners love the idea of going solar but simply cannot afford to buy the pricey solar energy systems. Solar installers often lose sales to customers who don’t want to drain cash reserves or tap lines of credit for their systems. Now, BrightGrid Solar, a new company in the solar financing marketplace, introduces a financial product that solves both challenges. Homeowners simply submit an online credit application via a secure server operated by BrightGrid and receive same-day credit approval. Customers also execute the lease agreement on-line. BrightGrid is currently running a pilot program with installer partners in northern California in the PG&E service territory, giving BrightGrid access to a residential project pipeline of several thousand households.
