As the sales process will no longer reside in applicants working with the DOE and Solar Ambassadors to generate leads and sign customers it will be important to highlight the following requirements as part of the standard Palmetto LightReach financing option.
NTP Requirements
Sales requirements are aligned with the Solar Access Program NTP requirements except in the following ways:
“Terms & Conditions” it would be a credit check
Credit Check (700 min) - Highest Score: TransUnion and Equifax
Soft credit inquiry (no impact on homeowner credit score)
No bankruptcies (7-Year Lookback)
Title check
Backup Battery Required
All projects are required a minimum battery size of 10kWh
Back Up Battery NOT PRICED SEPARATE from Solar
A customer PPA rate will include the solar and backup battery (one rate/one monthly payment)
The EPC $/W rate will assume that backup battery is already priced into the deal
There will be no additional battery price (this is unique to the Puerto Rico program)