Propel, the prepaid third-party ownership (TPO) product from residential solar and storage finance company SolSource Solutions, is now available in six states. Already active in Arizona, Texas, Maine and California, Propel has now entered the Pennsylvania and Colorado markets.
Propel replaces payment escalators and hidden fees with a predictable, fixed payment structure. Through Propel, homeowners can prepay a long-term energy agreement using fixed-payment financing originated through TriBeam Financial, receive the value of federal tax credits through the structure and have the option to purchase the system beginning after year five.
“The response to Propel since launch tells us that homeowners are hungry for financing that is simple and honest. Expanding into Pennsylvania and Colorado lets us bring fixed payments, transparent terms, and access to federal tax credit value to thousands more households. We are just getting started, and we will keep opening new states throughout 2026,” said Chris Couture, CEO of SolSource Solutions.
Over 180 independent installers now offer Propel across the platform’s active markets, and SolSource continues to onboard new installers as it scales.
As with the initial launch in February of this year, Propel is delivered with Enphase Energy as the exclusive provider of microinverter and battery hardware and premium support, and TriBeam Financial for point-of-sale financing through the Concert Finance Program.
News item from SolSource
