• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Corporate News
  • Generation
  • Oil & Gas
  • Regulation
  • Renewable
    • Climate
    • Solar
    • Wind
  • Storage
  • Tech
  • T & D
Energy News Desk Logo

Energy News Desk

Energy News and Data

Panasonic, Service Finance Co. Unveil PowerOn Energy Storage Financing Program

October 17, 2020 by Solar Industry Mag

Panasonic and Service Finance Co. have unveiled PowerOn, a new home energy storage financing program exclusively for Panasonic EverVolt certified installers that enables them to offer 100% financing to homeowners who buy a complete energy storage system including EverVolt battery storage and Panasonic brand solar modules.

The PowerOn program offers affordable payments for homeowners and speedy payment to installers. Homeowners will be able to use any federal tax credits and local incentives to lower their payments and pay down loans faster through refinancing. All promotional loans offered through the PowerOn program include competitive finance terms.   

“The interest in energy storage systems has never been higher,” says Mukesh Sethi, director of solar and energy storage at Panasonic Life Solutions Company of America. “One of the key missing ingredients has been nationwide energy storage financing that is easy to access and affordable for homeowners. With PowerOn, any Panasonic EverVolt certified installer can increase sales by selling turnkey energy storage systems with a low monthly payment.”

The PowerOn program provides multiple, flexible, no-money-down financing options to enrolled Panasonic EverVolt certified installers that they can offer to homeowners, including:

-Transparent pricing – no hidden fees
-No interest/no payment options, up to 18 months
-Short- and long-term, low payment options
-Combination solar/energy storage financing
-Competitive annual percentage rates

Service Finance Co. has an easy to use dealer portal, online application and mobile app, which offers rapid four-click customer approvals and high approval rates. 

PowerOn platform training is launching now. Webinars will be conducted to provide more in-depth information on both how to access and apply for PowerOn and how installers can use financing to increase their sales of Panasonic brand solar modules and EverVolt energy storage systems. 

To learn more about Panasonic solar technology, click here.

Photo: Service Finance Co.’s landing page

Filed Under: Renewable, Solar

Primary Sidebar

Join The Daily Charge

This week's top 5 stories in your inbox. No spam ever.

Trending

  • Offshore Wind Industry Needs 77,000 Trained Workers by 2024
  • NV Energy Receives PUCN Approval for Solar+Storage Projects
  • Solar Support Launches Predictive, Corrective Inverter Program
  • Vestas Unveils 15 MW Offshore Wind Turbine
  • Firestone Walker Brewing Taps Solar to Power Operations
  • GE Researchers Granted Access to the Summit Supercomputer
  • ArcVera’s Wind Energy Team Adds New Member
  • Vineyard Wind Appoints Oytan as Deputy CEO
  • Clean Energy Jobs Continue to Offer Competitive Wages Despite COVID
  • NA Wind Power Orsted Trust Fund Supports Burgeoning New Jersey Offshore Wind Industry

Footer

Trending

  • Offshore Wind Industry Needs 77,000 Trained Workers by 2024
  • NV Energy Receives PUCN Approval for Solar+Storage Projects
  • Solar Support Launches Predictive, Corrective Inverter Program
  • Vestas Unveils 15 MW Offshore Wind Turbine
  • Firestone Walker Brewing Taps Solar to Power Operations

Recent

  • Quick Tips To A Sustainable Future
  • Stem Provides Smart Energy Storage Solutions to Today’s Power
  • EIA's AEO2021 shows U.S. energy-related CO2 emissions rising after the mid-2030s
  • Homeowners associations still a barrier for some would-be solar customers
  • Commentary: With open standards, U.S. can build EV charging infrastructure faster

Search

Contact Us

Write For Us

  • Email
  • Facebook
  • Twitter

Copyright © 2023 · EnergyNewsDesk.com