PosiGen provides a zero‑down residential solar lease that lets homeowners obtain a custom‑designed photovoltaic system without upfront costs or credit‑score requirements. The lease includes full permitting, installation, performance monitoring, and a guarantee that the first‑year electricity bill will be lower than pre‑solar costs, with bill credits or free efficiency upgrades if the guarantee is not met.
Funding
$200M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many homeowners are unable to adopt residential solar because traditional purchase or financing models require substantial upfront capital and strict credit or income qualifications, limiting access to clean energy and preventing potential utility bill reductions.
Solution
PosiGen offers a lease‑based residential solar program that removes upfront cost barriers and does not require a minimum credit score or income verification. The company’s engineers assess each home’s energy demand, roof orientation, and shading to design a custom photovoltaic system, then handle all permitting and installation. Once operational, PosiGen guarantees that the homeowner’s monthly electricity expense will be lower than pre‑solar costs during the first 12 months, providing a bill credit or additional efficiency services if the guarantee is not met. The lease structure spreads system costs over a fixed term, delivering predictable, lower energy payments without ownership responsibilities. Customers can start the process through a free consultation and receive ongoing support throughout the lease period.
Target Audience
The primary customers are residential homeowners in the eight states served who have limited access to capital, low or no credit scores, or income levels that preclude traditional solar purchase or loan options.
Features
- Zero‑down solar lease with fixed monthly payments, eliminating the need for large capital outlays
- Credit‑score‑agnostic eligibility, allowing households with limited or no credit history to qualify
- Guaranteed first‑year savings; if post‑solar bills exceed pre‑solar costs, PosiGen issues a bill credit or provides free energy‑efficiency upgrades
- Custom PV system design using site‑specific solar irradiance modeling, roof shading analysis, and load profiling
- Full-service permitting, interconnection, and professional installation of high‑efficiency solar panels and inverters
- Integrated performance monitoring that tracks generation and ensures system reliability throughout the lease term
- Compliance with local utility net‑metering rules and state licensing requirements across eight service states
- Dedicated energy specialist support for ongoing maintenance, warranty claims, and customer inquiries