Leading Hawaii Solar Company, First to Challenge the Residential Lease / PPA Financing Trap
Aiea, Hawaii (PRWEB) May 13, 2015 -- Hawaii Energy Connection has teamed up with Dividend Solar Finance to offer the hassle-free EmpowerLoan™ to the people of Hawaii, directly challenging the Lease/PPA third party ownership (TPO) model. This full-service solar loan includes a zero-down payment, energy production guarantees, hassle-free system maintenance, performance monitoring and warranty management at no additional cost – all with the significant financial upside of solar ownership.
“We're excited to introduce this unprecedented PV ownership product throughout the Hawaii market," says Neil Osato, CFO of Hawaii Energy Connection, LLC. "The EmpowerLoan is the first product on the market that allows qualified homeowners to receive their State & Federal incentives together with system performance and maintenance guarantees for no money down. With immediate monthly savings similar to a lease or PPA, but without their penalties and restrictions, homeowners can now choose how quickly to pay off their system – offering innovative flexibility to solar ownership."
Hawaii Energy Connection, well known for their KumuKit™ residential PV solutions, is a leading solar installation company in Hawaii. Among the first purely solar electric companies in Hawaii, Hawaii Energy Connection is a proven, quality-driven source for professional residential and commercial solar installations. The company has installed thousands of residential systems throughout Hawaii since 2007. With a focus on customer satisfaction and Tier-1 system components, Hawaii Energy Connection stands behind the quality of every installation.
"Through our partnership with Hawaii Energy Connection, we are excited to offer an improved solar financing option which will help customers save money, reclaim their energy independence and help the environment," says Eric White, President of Dividend Solar Finance. "We selected Hawaii Energy Connection because they share our core values: quality-driven with an obsession for customer satisfaction. Together, we can provide Hawaii’s homeowners a better option to go solar."
Hawaii Energy Connection and Dividend Solar Finance provide maintenance and production guarantees on all systems financed with the EmpowerLoan. In addition, every installed system includes performance monitoring, which enables homeowners to track their daily energy production while allowing Dividend Solar Finance to identify any potential system production issues in real-time. With a quick and simple application process that requires no paperwork, the EmpowerLoan makes it easier than ever to go solar – all while providing a full suite of ongoing benefits.
The solar industry in Hawaii has grown rapidly and is leading the rise of solar across the U.S. With low-cost financing now available through the EmpowerLoan, Hawaii Energy Connection is accelerating the adoption of residential solar throughout Hawaii and offering customers a new, better way to go solar.
About Hawaii Energy Connection, LLC
Based in Aiea, Hawaii, Hawaii Energy Connection is a leading energy solution provider that is most recognized for their KumuKit™ residential PV solutions. For more information, visit http://www.hawaiienergyconnection.com
About Dividend Solar Finance
Headquartered in San Francisco, Dividend Solar Finance is a non-bank lender that offers low-cost, full-service solar loans to homeowners across the U.S. For more information, visit http://www.dividendsolar.com
Contact: (808) 524-7336
Phil Meachin, Dividend Solar, http://www.dividendsolar.com, +1 (415) 805-7009, [email protected]
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