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Community Capital for Shared Solar

Shared and community solar marketplaces are emerging across the United States. To make these a reality, capital investment and new financing structures must be introduced, tested, and formalized. Our credit unions and community banks are the natural place to experiment with new solar business models. With this business innovation, new credit union financing models will be generated and spread specifically for shared solar. ...more »

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App for mortgage lenders/borrowers to predict utility bills, local costs of EE/solar & effects upon total monthly expenses

Adding money for energy efficiency retrofits and solar installations (EERSIs) to the mortgage will overcome the primary behavioral challenge that a homeowner experiences when considering them post-purchase. A person borrowing $500,000 to purchase a home will think that adding $50,000 to reduce their bills is a much better deal than a homeowner who is asked to go from $0 to $50,000 to do the same. This web application ...more »

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Solar Doctor: A check engine light for your solar panels

Many residential solar owners have small, undetected maintenance problems that are leading to massive downtime for their solar panels. Using classification algorithms that detect different types of problems, Solar Doctor provides an automated alert to customers whenever there's a problem. We also provide a detailed description of the maintenance needed and offer a referral service. Further, we plan to use our collected ...more »

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App for mortgage lenders/borrowers to predict utility bills, local costs of EE/solar & effects upon total monthly expenses

One of the biggest hurdles for homeowners in performing deep energy efficiency retrofits or adding solar is a behavioral one, not technical or financial. It’s actually two problems. The first is that people tend to ignore the operational costs of an item, such as the utility bills of their home or fuel costs for their vehicle and focus solely on the sticker price or the monthly mortgage. This leads to non-realistic ...more »

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SunClerk - Rent the Sun

SunClerk is a solar billing service that allows landlords to increase property revenue by selling solar energy to their tenants. Flexible around multiple financing options, SunClerk increases landlord revenue by redirecting the tenant utility bill in a peer-to-peer PPA. As with traditional PPAs, the tenants are also provided with 10% savings on energy consumed from the solar panels

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Peer to Peer PPA

Most major solar providers' websites contain eligibility checks regarding home ownership to determine customer potential. This restricts a large portion of the population (41% in sun-rich California) from directly accessible the benefits of solar. As a result, huge utility infrastructure cost shifts are occurring from solar homes toward non-solar homes. A solar solution is required for the rental market before the industry ...more »

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RE-volv: Crowdfunding a revolving fund for the nonprofit and co-op solar market

RE-volv’s finance model removes barriers for the 1.5 million nonprofits and 30,000 co-ops in the United States looking to go solar by connecting them with 91% of Americans who support clean energy. How it works: 1. RE-volv crowdfunds donations to finance the capital cost of a solar energy project for a community-serving nonprofit or cooperative. 2. The organization signs a 20 year solar lease with RE-volv, paying zero ...more »

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Streamline acquisition & design process by communicating the highest performing, buildable, PV systems without visiting the site

In recent years, the solar industry has seen major hard-costs declines, but has yet to adopt any developments that will dramatically reduce soft-costs. The industry needs a site assessment, design, documentation, and collaboration solution that will mitigate technical risks, improve efficiency, streamline processes, and decrease costs to homeowners, sales, installers, and funders.

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Financing nonprofits and cooperatives to go solar: the untapped commercial solar market

While residential solar grows at an astounding rate, commercial solar customers, specifically nonprofits and cooperatives, are left behind. The Solar Energy Industries Association (SEIA) reports that in Q1 2015, residential solar installations grew by 11% over Q4 2014 rates while non-residential solar was down 24% from Q4 2014. “The non-residential market continues to struggle from longstanding barriers to customer origination ...more »

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Solar Credit Where Credit is Due: Templates for Smarter Solar Loans

Unlike banks that are too big to fail, credit unions are owned by their members. These are democratically controlled by the same folks who deposit their hard-earned money, not by Wall Street bankers. So, when a good idea comes from the community, credit unions don’t need a team of quants to mess up the idea to maximize profits. Investing in solar is a good idea. Credit unions are just the right folks to make solar finance ...more »

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CloudSolar - own solar panels, no roof required!

CloudSolar is a platform to provide a service to give anyone the ability to own solar panels, making solar energy accessible for people and organizations all over the world. The panels are installed on a remote CloudSolar farm where our team handles the installation and maintenance. As part of the CloudSolar experience, you can monitor the panel conditions through an online account on your own computer or portable devices. ...more »

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CloudSolar - Own solar panels, no roof required

CloudSolar is a platform to provide a service to give anyone the ability to own solar panels, making solar energy accessible for people and organizations all over the world. The panels are installed on a remote CloudSolar farm where our team handles the installation and maintenance. As part of the CloudSolar experience, you can monitor the panel conditions through an online account on your own computer or portable devices. ...more »

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