FAQs
Use the navigation bar below to view answers and explanations for some of our Frequently Asked Questions regarding:
- Renewable Energy Credits (RECs) and Solar Renewable Energy Credits (SRECs)
- Requirements for electric meters and solar monitoring solutions
- Partnerships with Sol Systems
- Payments for SRECs
- Sol Brokerage
About Partnerships
1. Are there any limitations to the size of projects you will accept?
2. Do I have to pay to become a partner?
3. Is there a cap on the number of partners you will accept from each state?
4. What is the difference between a Standard Partnership and a Platinum Partnership?
6. Can you explain the exclusivity clause?
7. How do I sign up a new customer?
1. Are there any limitations to the size of projects you will accept?
Sol Systems has helped finance projects as small as 1 kW and larger than 1 MW. We routinely help finance projects from 3 kW- 300 kW, and we’d be happy to discuss a project of any size. Projects over 50 kW have the potential to carry more complexity, so we invite you to discuss these on a case-by-case basis.
2. Do I have to pay to become a partner?
No, there are no fees to become a partner. We only ask that you honor the terms of your Partnership Agreement.
3. Is there a cap on the number of partners you will accept from each state?
No, there are no limitations to the number of partners we will accept in each state. However, from time to time, depending on market conditions, we may put accepting new partners from a particular state on hold.
4. What is the difference between a Standard Partnership and a Platinum Partnership?
Platinum partners sign on a 5 year exclusive partnership agreement, while Standard partners sign a 3 year non-exclusive partnership. Platinum partners receive access to our full suite of financing options, including Sol Upfront. Platinum partners may also choose to receive referral fees. Standard partners receive access to Sol Annuity and Sol Brokerage financing.
5. Is there a chance you will offer another partner higher pricing even if they are located in the same state I am?
No, Sol Systems values fairness and transparency. We offer the same pricing to all our partners. However, keep in mind that larger commercial projects are more complex and pricing may vary from partner to partner for large projects even if the project size is the same. There are a number of other variables that come into play for larger commercial projects.
6. Can you explain the exclusivity clause?
The exclusivity clause is an agreement that, as a Platinum Partner, you will only promote Sol Systems financing solutions to your customers. In other words, you will not advertise the offerings of other aggregators, brokers, or solar financiers to your customer base. This clause does not obligate your customers to use Sol Systems. They are welcome to do whatever they would like to with their SRECs. But we expect that you will let all of your customers know about our benefits. This clause is meant to ensure that we invest in one another long-term, which we think is mutually beneficial.
7. How do I sign up a new customer?
When you become one of our Partners, you will receive access to our proprietary online registration tool. You will have your own partner page where you can register new customers and track the status of each customer. Sol Systems has made it very easy for you to manage your customers. Feel free to access our online platform directions here.