Solar Five

• 6 Financing Options
• Extended Warranty
• High Five Program

6 Financing Options

Solar Five offers its customers six different financing options to choose from. Some solar companies require customers to purchase the system outright. Others only offer loan options. Solar Five has gone above and beyond to provide the following financing options:

• Cash — Customers purchase the solar system outright, whether that is through a personal or home equity line of credit as well as full upfront payment. This is the most cost-effective option for homeowners. 
• Lease — Solar Five partnered with third-party financing groups to provide customers with the option of leasing solar equipment at a reasonable rate.
• PPA — The Power Purchase Agreement option is similar to a lease in which a contract to purchase the solar power is based on a set rate for the electricity that your solar power system produces. It is different from a lease in that you pay for the power produced.
• Loan — A traditional solar loan in which homeowners pay for the system over time is offered. Competitive rates are available.
• Commercial — For businesses, there is a different option. A third-party financing partner will offer competitive financing packages to maximize financial benefits to the organization. 
• MASS Solar Loan — The Commonwealth of Massachusetts created a $30 million residential Massachusetts Solar Loan program. This is the most affordable way to purchase a solar system in the state. The state is willing to purchase the annual interest rate. 

Extended Warranty

Most solar manufacturers offer a 25-year warranty on panels, inverters, and batteries. Since solar systems are so expensive, an extensive warranty is provided. Most solar providers offer the manufacturer’s warranty as a safety net to their customers. Solar Five has gone the extra mile, offering an additional 20-year warranty on equipment installed, further protecting its customers from expensive repairs. 

System Installation Types

Solar Five offers two different forms of solar installation. Most solar installation companies target rooftop solar installation — regardless if the property is residential or commercial. Solar Five sets its business offerings apart by offering two types of installation, including the following:

• Rooftop Solar System — The Solar Five team will do a thorough rooftop analysis of each property using LIDAR and shading technologies. If the property qualifies, Solar Five will provide a customized design package for a rooftop solar system. 
• Ground Mount Solar System — When the rooftop is not a viable option, Solar Five will install a Ground Mount Solar System. Again, the team will conduct an analysis of the land and provide a tailored solar solution.

High Five Program

The High Five program is a referral program for Solar Five customers. Every friend, family member, or neighbor that Solar Five meets with puts $100 in your pocket whether they decide to go with Solar Five or not. And every referral case that chooses to use Solar Five and installs a system puts $500 in your pocket.

There is no limit on how much you can earn when you refer customers to Solar Five. Another way the Solar Five referral program differs from other solar installation companies is the fact that it pays just for meetings. Most companies only pay per installation. 

• Undisclosed Equipment Information
• Limited Service Area

Undisclosed Equipment Information

Solar installation companies often partner with major solar manufacturers. These partnerships allow for solar installation companies to have access to some of the latest solar technology on the market. These partnerships are often made public and are well advertised by solar installation providers. Unfortunately, Solar Five has not disclosed what brands the company uses in its solar installations.

Limited Service Area

For Massachusetts home and business owners, having a local company that knows the ins and outs of the area is very beneficial. However, anyone outside of state lines will not be able to access the Solar Five service offerings. While having a target customer reach based solely on geography is not abnormal in the solar industry, multiple companies offer installation services in several states or an entire region of the country. Solar Five does not, limiting who can access the company’s resources.