SolSource Solutions, a residential solar and storage finance company, has expanded its prepaid third-party ownership (TPO) product, Propel, to six states. The product, which was initially launched in Arizona, Texas, Maine, and California, is now available in Pennsylvania and Colorado. Propel offers a predictable, fixed payment structure, replacing payment escalators and hidden fees with transparency and simplicity. Homeowners can prepay a long-term energy agreement using fixed-payment financing, receive the value of federal tax credits, and have the option to purchase the system after year five.
Chris Couture, CEO of SolSource Solutions, expressed enthusiasm for the product's reception and growth. He stated, 'The response to Propel since launch tells us that homeowners are hungry for financing that is simple and honest. Expanding into Pennsylvania and Colorado lets us bring fixed payments, transparent terms, and access to federal tax credit value to thousands more households. We are just getting started, and we will keep opening new states throughout 2026.'
Over 180 independent installers now offer Propel across the platform's active markets, and SolSource continues to onboard new installers as it scales. The product is delivered with Enphase Energy as the exclusive provider of microinverter and battery hardware and premium support, and TriBeam Financial for point-of-sale financing through the Concert Finance Program.
This expansion marks a significant step forward for SolSource Solutions in making solar and storage financing more accessible and affordable to homeowners across the United States. With Propel, the company aims to simplify the process, provide fixed payments, and offer access to federal tax credits, making it an attractive option for those looking to invest in renewable energy solutions.
