May 27, 2014: Enphase Energy, HERO Program Partner to Finance Solar Systems
Finance Program Measures Community Solar Impact Using Enphase’s Enlighten Software
PETALUMA, Calif. — Enphase Energy Inc. announced that its partnership with Home Energy Renovation Opportunity (HERO), a leading residential energy efficiency financing program, has resulted in more than 1,200 financed solar systems. HERO enables homeowners who receive Property Assessed Clean Energy (PACE) financing in their county to repay the debt through property taxes, with tax-deductible interest.
The Enphase solar systems have been financed with the HERO program over the course of two years in Southern California by 131 different solar installers, including large national installers, regional installers, HVAC contractors, and electrical contractors.