CLASS OF 2015
WORLD-GENERATION FEBRUARY/MARCH 2015 V.27 #1
16
WORLD-GEN: PLEASE EXPLAIN UPSOLAR’S
20-YEAR, ENERGY FREEDOM LOAN PRO-
GRAM IN CALIFORNIA AND ARIZONA.
STEPHANE DUFRENNE:
The
Energy Freedom Loan is a unique turnkey
financing solution. For homeowners, the
loan program is designed to remove com-
mon financial barriers to solar adoption,
like high upfront costs and unfeasible
terms. With the Energy Freedom Loan,
homeowners can invest in a rooftop instal-
lation for zero money down, with flexible
terms, and repay over as many as 20 years.
Each Energy Freedom system is built with
high-quality equipment and is supported
by long-term operations and maintenance
services.
WORLD-GEN: ISTHERE A CAP ONTHE
AMOUNT OF THE LOAN,WHAT’STHE INTER-
EST RATE, ISTHE LOANTRANSFERABLE
AND ISTHERE A PREPAYMENT PENALTY?
STEPHANE DUFRENNE:
The
Energy Freedom Loan is available in
amounts up to $65,000. Payments remain
fixed—as low as 5.99 percent—even as
electricity prices fluctuate, which results in
greater savings for the customer over the
lifetime of the loan. We impose no prepay-
ment penalties, so as soon as the loan is
paid off, energy generated by the PV sys-
tem is completely free!
Of course not everyone plans to stay in
the same home for decades to come. In the
event of a move, customers can simply
transfer the remaining loan amount to the
new homeowner.
WORLD-GEN: WHAT ARETHE KEY BENEFITS
FOR INSTALLERS?
STEPHANE DUFRENNE:
The
Energy Freedom Loan program provides
installers with an additional revenue stream
and eliminates cash flow and support chal-
lenges encountered in some other third-
party loan programs. Installers in our
Energy Freedom network pay no out-of-
pocket expenses for equipment, and see no
dealer fees during transactions. We also
connect installers with a seamless credit
approval process and offer quick payment
for completed deals, allowing our partners
to spend less time doing paperwork and
more time on the roof. In the event of any
issues, installers can always count on
expert guidance from Upsolar’s dedicated
support team.
President
Upsolar America
JOIN US!
Co-located with
SAVE
THE DATES
Moscone Center, San Francisco
AZISNA2014_World Gen_178x254_L yout 1 13.06.14 10:58 Seite 1
STEPHANE DUFRENNE
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