Dividend Solar

Call Now Visit Site

Dividend Solar verified Companies can verify their Best Company profile through contacting us. Once a company profile has been claimed and verified by Best Company, we work with the company to ensure the information on our site is as accurate as possible.

Headquartered in San Francisco, California, Dividend Solar is a relatively newer company in the solar energy industry. Unlike many other solar energy businesses, however, Dividend Solar sets itself apart by specializing in solar loans and financing. The company stands by its decision to offer buy and loan payment options to residential customers because there are certain advantages that come along with purchasing a system, such as tax credits and rebates.

The Good

  • $0 Down EmpowerLoan and Dividend PACE
  • Certified Installers
  • Lengthy Warranty
  • Real-Time Performance Monitoring

$0 Down EmpowerLoan and Dividend PACE

Possibly the most obvious advantage of working with Dividend is that the company specializes in loans, so it's a great option for homeowners who would rather purchase solar panels than lease them. Dividend offers two types of loans: EmpowerLoan and PACE. Both loans are $0 down; can be paid off early; and include certified installers, a performance guarantee, and a warranty.

Certified Installers

It bodes well for customers that Dividend Solar requires its installation contractors to have professional licensing and certifications (NABCEP in particular). Some customers might hesitate to work with a company that outsources work to third-party contractors, but the fact that Dividend Solar requires these qualifications increases the likelihood that customers will receive a high-quality installation and be satisfied with the work done on their home.

Lengthy Warranty

Dividend Solar offers a 25-year warranty that covers repairs and defects, performance, and maintenance services through its installation companies. The company also offers a 20-year workmanship warranty that covers labor.

Real-Time Performance Monitoring

Consumers who purchase solar panels through Dividend Solar have the ability to monitor the progress and performance of their panels in real time. With this technology, customers can also see how much money the panels are saving them, as well as the effect their solar system is having on the environment.

Interested in doing business with Dividend Solar? Click here.

The Bad

  • No Lease, PPA, or Outright Purchase Options
  • Focus on Financing
  • Outsourced Installations
  • Limited Experience in the Industry

No Lease, PPA, or Outright Purchase Options

Dividend Solar does not offer leases or PPAs. The company's EmpowerLoan is a great product, but a lease or PPA may be a better fit for consumers who want to eliminate the responsibility that comes along with solar ownership. Additionally, Dividend Solar does not give its customers the option to purchase a solar energy system outright.

Focus on Financing

Dividend Solar places the majority of its focus on providing loans through its financial product, the EmpowerLoan. This means that the company has more experience helping customers get financing than actually installing solar systems on homes.

Outsourced Installations

Another potential drawback of Dividend Solar is that the company hires local contractors from its network to perform installations. Despite the qualifications these contractors must meet, some customers prefer not to work with companies that outsource installations because this practice can sometimes result in miscommunication or lack of quality.

Limited Experience in the Industry

Dividend Solar was founded in 2013. While the solar industry as a whole is relatively new, many companies have been around for at least twice as long as Dividend Solar. This means Dividend Solar has had less time to gain experience and prove itself as a solid company within the industry.

The Bottom Line

Dividend Solar has many advantages to offer solar customers. Not only is the company readily available in the many states around the country, but it has also assembled a great network of people who can provide financial support and reliable labor. However, Dividend Solar is primarily a loan provider, so if you are looking for a lease or PPA, you won't have much luck with this company.

Want to learn more about going solar with Dividend Solar? Click here.

We'll Introduce You!

Call our recommended rep over at Dividend Solar below.

1-(855) 284-4144

45 Dividend Solar Reviews

1. Select Your Rating

0
1
0
0
0
1
1
0
1
9
32

2. Subject For This Review * (Select all that apply)

0 characters

3. Review Validation*

Best Company

Thanks for submitting your review!

Your review will be moderated by our team within 48 hours and, if approved, will be published. You can see the status of your review within your account at anytime.

Best Company

Thanks for submitting your review!

Next Step: Verify your email

We have sent a verification email to the following email address:

After you verify your email, your review will be moderated by our team within 48 hours and, if approved, will be published

Sort By:
  • User Score

    10

    September 18th, 2017

    Dividend Solar made the process incredibly easy and transparent.

    Was this review helpful?

    0 1
  • User Score

    9

    September 17th, 2017 Durango, CO

    Dividend has awesome, live human support, which is easily and readily available.

    Was this review helpful?

    0 0
  • User Score

    10

    June 13th, 2017 Washington, DC

    Outstanding service to date. Contacts were minimal and instructions were clear. Behind the scenes work made contacts fast as to information required.

    Was this review helpful?

    8 3
  • User Score

    10

    June 1st, 2017 La Jolla, CA

    The entire experience was great, the online enrollment process, the terms, the customer support, and the follow-up has been awesome. I appreciate their candor and the difference they are making by providing these loans as such a competitive rate. We would not have been able to go Solar without Dividend.

    Was this review helpful?

    6 2
  • User Score

    10

    April 9th, 2017 Sumter, SC

    The above mentioned subjects were handled in an extremely professional manner. Dividend Solar kept us updated during the entire process, making it totally painless. Very pleasant to work with. Highly recommend Dividend Solar.

    Was this review helpful?

    6 2
  • User Score

    10

    April 7th, 2017 Bradenton, FL

    We thought going solar would be prohibitively expensive and time-consuming. Dividend Solar made this super-easy and completely affordable! No out-of-pocket expenses and up and running in a month. We are thrilled to be generating our own clean power now. They delivered on every promise. We recommend this for all home-owners. Go solar! You won't be sorry!

    Was this review helpful?

    8 1
  • User Score

    10

    March 16th, 2017 Brentwood, CA

    Couldn't be happier. This is the best company in the solar market. Easy terms and great installation crew.

    Was this review helpful?

    5 2
  • User Score

    5

    December 1st, 2016 Moraga, CA

    I would have rated them much higher (10?), but the outsourced installation, in our case, has proved to be seriously problematic. The problem revolves around an installer and system that does not measure up to its promised specifications for production. Dividend Solar seem to have worked diligently for many months to resolve the issues with the installer. They do not seem to be able to force/influence the installer at all. So it ( using outsourced installer) is a real problem for us that arguably could occur again for another customer. It's not for the want of trying. I believe Dividend Solar is still trying to resolve the issues, but it has been 1 year since we installed...

    Was this review helpful?

    17 0
  • User Score

    10

    November 10th, 2016 Pittsburg, CA

    Couldn't be happier with this company. Exceeded all my expectations. Easy and love the benefits of ownership

    Was this review helpful?

    1 2
  • User Score

    10

    November 9th, 2016 Providence, RI

    They did what they said . No sales pitch just real numbers to crunch. Which you only needed a little common intelligence to see that the numbers work. Professional contractors with follow up from supervisors. Sales rep was an engineer in former career with vest knowledge.

    Was this review helpful?

    3 1
  • User Score

    1

    September 27th, 2016 Southampton, NY

    There is quite a bit of double talk when discussing your financial benefit. Be sure to do your homework and carefully review the contract they send. In addition to this, the sales people assigned to me were rude and lacked concrete knowledge. Needless to say, we did not use this company

    Was this review helpful?

    10 0
  • User Score

    10

    September 22nd, 2016 Saint Louis, MO

    I have nothing but the best to say about this company. They almost always answer the phone and if not always call back in an appropriate amount of time. My system works great and I am saving $$$$$! So happy that i have a minimal amount of $ goes to the big power company!

    Was this review helpful?

    4 1
  • User Score

    10

    June 14th, 2016 Columbia, SC

    Dividend Solar is awesome for their excellent customer service and reasonable payment options with $0 down payment. It can't get better than this!

    Was this review helpful?

    3 2
  • User Score

    10

    June 8th, 2016 Nixa, MO

    Dividend Solar gave us great financing for our solar array and has given us great service, too! Thanks for making solar possible for us, we love it!

    Was this review helpful?

    3 1
  • User Score

    6

    June 8th, 2016 Goodyear, AZ

    Great company to work with the process was easy and now im enjoing my solar system

    Was this review helpful?

    0 8
  • User Score

    10

    June 8th, 2016 Florence, MA

    Dividend has excellent customer service and are very proactive about communication and getting new customers the information they need.

    Was this review helpful?

    1 1
  • User Score

    9

    June 7th, 2016 Salt Lake City, UT

    Dividend Solar started out with a very personable salesman who was easy to relate too and was personable. They were able to get back to me with the process and the installation. Everything went very smoothly and was done when they predicted it would happen. I look forward to seeing how this will help my bills and how the energy will save us money in the long run.

    Was this review helpful?

    1 2
  • User Score

    10

    June 7th, 2016 Yuma, AZ

    We were very satisfied with Dividend Solar. We were able to do everything online. Setup for automatic payment was very easy. Customer Service was very helpful in answering our questions.

    Was this review helpful?

    2 1
  • User Score

    10

    June 7th, 2016 West Warwick, RI

    easy to read portal provides up to the minute solar production data as well as loan info.

    Was this review helpful?

    2 2
  • User Score

    9

    June 7th, 2016 Somerville, MA

    There were issues with my town when I first applied w/ Dividend, and my first monthly payment was delayed by quite a few months. However, Dividend kept me posted on what they were doing to get the problem resolved behind the scenes. I didn't have to worry about anything! Plus, because of the delay, they understood I did not have a fully functioning system, and refused to begin the repayment process until the issue was resolved. There was no expectation of a preliminary lump sum for that first month either. They've done a fantastic job of making my life easier and making solar energy affordable!

    Was this review helpful?

    4 0