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Discover LightReach, a third-party ownership solution offering simple, affordable, and irresistible energy plans. With a focus on residential solar, LightReach can achieve first-year savings for homeowners and faster payouts for EPCs.
Whether you’re new to TPO financial solutions or LightReach we’ll get you caught up quickly about why LightReach should be your ideal TPO partner.
Embrace the predictability of the LightReach Energy Plan. Enjoy stable monthly payments for energy generated from your solar system, with consistent set payments for 25 years. Say goodbye to surprise rate hikes and hello to a consistent and reliable energy future.
With LightReach, homeowners enjoy the benefits of solar energy without the burdens of ownership. From system installation to proactive monitoring, maintenance, tax credit paperwork, and payment protection for 25 years, LightReach handles it all.
LightReach offers transparent pricing with various rate escalator options, ensuring a predictable and manageable cost over 25 years.
From consumer credit qualification to speedy Notice to Proceed (NTP) granting and installation, LightReach ensures a seamless journey. Certified developers have an easy pathway to submit required information, prioritizing efficiency and speed.
LightReach provides flexibility and support every step of the way, ensuring a satisfactory conclusion to the solar journey.
Purchase the system
Extend the contract
Remove the system
Currently Solo is an Exclusive LightReach partner and as a result we will have some recommended qualifying criteria as we get started.
EPCs with a monthly sales volume of fewer than 50 deals are welcome to apply, though please be aware that acceptance into the program is not guaranteed.
Ideal company and size breakdown:
Sales Groups – Ideally sales groups that are referred to installers that currently use LightReach.
Emerging EPC (50-100 deals/mo) – Eligible for custom rate sheets including rebates
Established EPC (100-300 deals/mo) – Eligible for premium pricing
Enterprise EPC (300+ deals/mo) – Eligible for premium pricing and custom integration services
LightReach Energy Plan is a Third Party Ownership (TPO) model where the solar system is not owned by the homeowner but by LightReach. Depending on the market, contracts may read as a Lease or a Power Purchase Agreement (PPA). The plan offers predictability with guaranteed monthly payments for energy generated from the solar system for a whole year.
No, under the LightReach Energy Plan, the homeowner does not own the solar system. LightReach owns the system, and the homeowner pays for the energy generated through predictable monthly payments. This setup allows homeowners to enjoy solar benefits without the risks and responsibilities of ownership.
During the pricing phase, sales representatives will select a rate escalator of either 0.00%, 0.99%, 1.99%, or 2.99%. This percentage increase applies to the price per kilowatt-hour, resulting in an annual increase to the fixed monthly cost. These options provide a predictable and manageable cost over the 25-year agreement.
At the end of the 25-year term, the customer will have several options. They can choose to have LightReach remove the system at no cost, purchase the system at fair market value, extend the contract at a new rate, or, if no action is taken within 90 days, LightReach reserves the right to transfer ownership of the system to the homeowner as is.
In certain markets, the LightReach Energy Plan contracts will be presented as a Lease, while in others they will appear as a Power Purchase Agreement (PPA). However, this does not affect the billing, payment process, or system pricing for the customer. The experience remains consistent regardless of the terminology used, which is mainly for legal categorization.
Every three years, the actual production of the solar system will be evaluated. If there’s a significant discrepancy from the initial estimates, the bill may be adjusted accordingly, as the pricing is based on production. This true-up process is expected to affect less than 4.5% of projects due to confidence in the initial manual design estimates.