On August 20, 2024 Yes Solar Solutions became the first Triangle solar installer in North Carolina to offer customers the NC Clean Energy Fund in collaboration with the Solar and Energy Loan Fund (SELF). Yes Solar considers this a major breakthrough in making solar accessible to more homes in North Carolina and a big first step to preparing for EnergizeNC, North Carolina's deployment of a $156 million Solar for All EPA grant that will enable the rapid deployment of distributed solar across the state.
"We are thrilled to partner with Yes Solar Solutions to make solar more accessible to people in the Triangle," said Michelle Myers, Program Manager with NCCEF. "Our financing has no dealer fee, transparent terms, and is available for people with the ability to make the monthly payments, regardless of credit score, allowing more people to take advantage of incentives like the federal tax credit and Duke's PowerPair program."
NCCEF has created more competition in the market by tailoring the offering to solar customers, particularly those that have the moderate disposable income to pay for solar but not the credit score. Especially now, with the Duke PowerPair incentive available, and the 30% tax credit, solar can be accessible to a range of buyers with a range of needs.
Yes Solar Solutions Co-Founder and CEO Kathy Miller said, "This is another valuable new tool in our kit to offer solar to those that in the past could not pay cash, and did not have a qualifying credit score for financing. Another example of the innovations that are taking place in the work of non-profits like NCCEF advocating for affordable solar for all."
