Finray Solar
5.0
5.0
Author: Kaitlyn Short
Finray Solar serves as a renewable energy facilitator, connecting consumers with clean energy solutions. The company offers community solar, rooftop solar, and energy supply solutions, providing homeowners, renters, and businesses with clean energy options that can help them save on their energy bills.
Finray Solar is partnered with a variety of energy companies, such as Arcadia Power, Inc. and Ampion Renewable Energy. These partnerships assist in connecting more Finray Solar customers with community solar farms, allowing customers to receive utility bill credits and savings for helping green the power grid.
Finray Solar is not a solar installation company — the company doesn’t provide solar installation services, but can connect you with local installers if you’re interested in owning your power.
The Good
- Clean Energy For All
- Community Solar Programs
- Rooftop Solar Assistance
- Energy Supply Options
Clean Energy For All
Finray Solar isn’t a traditional solar company that offers and installs solar products for homes and/or businesses. Instead, Finray Solar seeks to provide solar solutions for all, including those who can’t afford, or may not have the space, for a complete rooftop solar system installation. For this reason, Finray Solar has established partnerships with various companies, providing a variety of clean energy solutions that can be tailored to meet the needs of renters, homeowners, and businesses alike.
Community Solar Programs
One of Finray Solar’s pinnacle clean energy solutions is community solar, an initiative that is designed to help individuals with limited roof space and/or limited financial means to benefit from solar energy. Community solar encourages the development of solar farms, as facilitated by your state’s Renewable Energy Program. Solar farms are a large collection of photovoltaic (PV) solar panels in a specific area that absorb energy from the sun and convert that energy into electricity.
Currently, Finray Solar has partnerships in place with companies that manage various solar farms, providing hundreds of thousands of homes with clean energy. When you sign up for community solar with Finray Solar there is no cost to enroll and you can exit the program at any time without a fee. In addition, community solar doesn’t require a long-term commitment like a rooftop solar installation would, providing individuals with greater flexibility.
Rooftop Solar Assistance
Finray Solar isn’t a solar installation company, but it can connect you with local solar installers if you’re interested in owning your own solar power. On the Finray Solar website, you can fill out an online form, providing your personal contact information and some details about your home, and a certified Finray Solar solar representative will contact you to discuss your solar installation options and cost estimates.
Energy Supply Options
If you’re seeking to lower your monthly utility bill, Finray Solar can help you find a cheaper energy supplier in your area. Choosing a new energy supplier can help you secure a more favorable fixed or variable rate, while also helping you reduce your carbon emissions.
It’s important to note that when you choose a new energy supplier, the new supplier will replace the existing supplier on your current utility bill. At the end of your term, you will receive an email from Finray Solar to choose a new plan.
The Bad
- Limited Community Solar Service Area
Limited Community Solar Service Area
Finray Solar’s community solar solutions are only available in the following 12 states:
- Colorado
- Delaware
- Illinois
- Maine
- Maryland
- Massachusetts
- Minnesota
- New Jersey
- New York
- Rhode Island
- Virginia
- Washington, D.C.
Unfortunately, if you don’t reside in any of the states listed above, Finray Solar’s community solar services may not be available to you.
Finray Solar’s rooftop solar and other energy solution services may be available in more states. You’ll need to speak with a Finray Solar representative to confirm which services, beyond community solar, are available in your area.
The Bottom Line
Finray Solar is a renewable energy facilitator, connecting individuals with clean energy solutions through its partner network. First and foremost, Finray Solar seeks to connect individuals with community solar programs, a low-commitment and low-cost solar energy option for low-income households. Community solar relies on the creation and upkeep of solar farms, a collection of solar panels that generate electricity, through which individuals can rent solar energy, allowing them to lower their utility bills and reduce their carbon footprint. It’s important to note that Finray Solar’s community solar services are only available in 12 states.
Beyond community solar, Finray Solar also offers rooftop solar services, connecting homeowners with local installers. The company also offers alternative energy supply options, providing individuals with the opportunity to find a cheaper energy supplier in their area.
